Delta Corp Limited (NSE:DELTACORP) shareholders should be happy to see the share price up 12% in the last month. But that is small recompense for the exasperating returns over three years. Regrettably, the share price slid 60% in that period. So it's good to see it climbing back up. After all, could be that the fall was overdone. \n\nOn a more encouraging note the company has added ₹2.4b to its market cap in just the last 7 days, so let's see if we can determine what's driven the three-year loss for shareholders. \n\nWhile markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. \n\nAlthough the share price is down over three years, Delta actually managed to grow EPS by 68% per year in that time. This is quite a puzzle, and suggests there might be something temporarily buoying the share price. Or else the company was over-hyped in the past, and so its growth has disappointed. \n\nIt's worth taking a look at other metrics, because the EPS growth doesn't seem to match with the falling share price. \n\nWith a rather small yield of just 1.3% we doubt that the stock's share price is based on its dividend. The company has kept revenue pretty healthy over the last three years, so we doubt that explains the falling share price. We're not entirely sure why the share price is dropped, but it does seem likely investors have become less optimistic about the business. \n\nThe company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). \n\nNSEI:DELTACORP Earnings and Revenue Growth May 18th 2025\n\nYou can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. \n\n\nDelta shareholders are down 23% for the year (even including dividends), but the market itself is up 5.4%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 5%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand Delta better, we need to consider many other factors. For example, we've discovered 2 warning signs for Delta (1 shouldn't be ignored!) that you should be aware of before investing here. \n\nOf course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. \n\nPlease note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Indian exchanges. \n\n\nOperates in the gaming and entertainment, and hospitality businesses in India and internationally.

As Delta (NSE:DELTACORP) soars 11% this past week, investors may now be noticing the company's three-year earnings growth

The article discusses Delta Corp Limited's share price fluctuations, noting a 60% decline over three years despite 68% annual EPS growth. It highlights recent 12% share price increase, market sentiment, and the company's operations in gaming, entertainment, and hospitality in India and internationally.