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The latest update is out from Delphi World Money Limited ( (IN:DELPHIFX) ).
Delphi World Money Limited has responded to stock exchanges after significant price movement in its shares, stating it has consistently made timely and accurate disclosures in line with SEBI’s listing and disclosure regulations. The company emphasized it has not withheld any material information that could affect its share price or trading volumes.
The management attributed the recent volatility in its stock solely to broader market conditions and factors beyond the company’s control, distancing its operations and disclosures from the price swing. The clarification aims to reassure investors and regulators that there are no undisclosed corporate developments driving the movement in the company’s scrip.
More about Delphi World Money Limited
Delphi World Money Limited, formerly EbixCash World Money India Limited, operates in the financial services sector, focusing on foreign exchange and related money services for Indian customers. Headquartered in Mumbai and accessible via its indiaforexonline.com platform, the company serves retail and corporate clients seeking forex and associated financial solutions.
Average Trading Volume: 125,744
Technical Sentiment Signal: Strong Sell
Current Market Cap: 2.63B INR
Find detailed analytics on DELPHIFX stock on TipRanks’ Stock Analysis page.