Query: I have bought 1000 shares of Delton Cables after your recommendation. Please suggest the future of this stock. Samir Kothari
Thebullishtrends: Delton Cables shares price closed yesterday at Rs.104.85. Delton Cables stock price worstly affected due to the poor market response on small caps in recent time. It has posted Rs.3.16 EPS for the Q3. Delton Cables operating profit margins slightly improved and sales improved from Rs.29.24 lac to Rs.44.42 lac in the Q3. But expenditure has increased when it compared to Q2. Incase if you have entered in this stock in higher level then you are advised to take some more position to get better average price. And wait till it announces 07-08 financial results.
