Mumbai, March 17, 2025 – Delta Corp Limited’s stock has been facing some turbulence in recent days, with its share price currently at ₹87.25 on the National Stock Exchange (NSE). This marks a decline from its previous close of ₹88.35, indicating a downward trend.
Delta Corp Stock Performance: A Week of Ups and Downs
Over the past week, Delta Corp’s stock has been on a rollercoaster ride.
- March 13, 2025 – Closed at ₹87.25, down 1.25%.
- March 12, 2025 – Closed at ₹88.35, up 0.82%.
- March 11, 2025 – Closed at ₹87.63, down 2.15%.
- March 10, 2025 – Closed at ₹89.56, down 2.44%.
- March 7, 2025 – Closed at ₹91.80, up 0.64%.
The stock has been losing steam, raising concerns among investors.
Analyst Predictions: Where is Delta Corp Headed?
Stock analysts have mixed opinions on Delta Corp’s future.
- Trendlyne has set a bold price target of ₹320 per share, valuing the stock at 30 times its projected earnings.
- WalletInvestor predicts a short-term price target of ₹91.64 within the next two weeks.
These forecasts suggest potential for growth, but short-term fluctuations remain a concern.
What’s Driving Delta Corp’s Performance?
Several factors are shaping the company’s financial outlook:
- Debt-Free Advantage – Delta Corp has nearly eliminated its debt, a positive sign for investors.
- Dividend Payout – The company maintains a healthy dividend payout ratio of 25.5%, making it attractive for income-seeking investors.
- Low Promoter Holding – With only 33.3% promoter holding, some investors may be wary about long-term stability.
- Moderate Profitability – Delta Corp’s return on equity (ROE) averages 8.26%, indicating steady but unspectacular earnings growth.
- High Contingent Liabilities – The company reports liabilities of ₹23,262 crore, a potential red flag for cautious investors.
Should You Invest in Delta Corp?
Despite recent declines, Delta Corp’s fundamentals suggest long-term potential. The company’s debt-free status and strong dividend payouts are positives, but low promoter holding and high liabilities could pose risks.
For investors, this is a stock worth keeping an eye on. With mixed forecasts and ongoing market volatility, staying updated and making informed decisions is key.