African Stock Exchanges

DLTA - Delta Corporation Limited

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DLTA share price on Zimbabwe Stock ExchangeDLTA share price on Zimbabwe Stock Exchange

Delta Corporation Limited, established in 1946, is a Zimbabwean beverage company based in Harare. The company's portfolio include local and international brands in lager beer, traditional beer, Coca-Cola franchised sparkling and alternative non-alcoholic beverages. Additionally, the company has several investments in associate companies whose activities are primarily into the making of cordials and juice drinks, wines, and spirits.

In 1978, Delta Corporation became a holding company for a range of interests including lager and sorghum beer brewing, bottling of carbonated and non-carbonated soft drinks, supermarket and furniture retailing, tourism and hotels, and agro-industrial operations. The hotel, supermarket and furniture retailing businesses were, however, de-merged from the company in 2002 so as to focus on the core beverages sectors. Delta Corporation Limited has a minority shareholding in the now consolidated packaging group NamPak Zimbabwe.

Delta Corporation Limited is listed on the Zimbabwe Stock Exchange (ZSE). Delta is traded on the ZSE under the ticker symbol “DLTA”. Delta Corporation Limited is currently the second most valuable stock on the ZSE with a market capitalization of ZWL 427 billion, which makes about 15.1% of the entire Zimbabwe Stock Exchange equity market.

DLTA332.7016 ▾ 8.2848 (2.43%)
3 days ago
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume479,500
Number of Deals
Gross Turnover160M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding1.28B
Market Capitalization427B
Monetary values are quoted in Zimbabwe Dollar (ZWL) unless otherwise stated

DLTA Stock Market Performance

1WK4WK3MO
-7.43%-16.9%+38.1%
6MO1YRYTD
+105%+371%+105%

The current share price of Delta Corporation Limited (DLTA) is ZWL 332.7016. DLTA closed its last trading day (Friday, July 1, 2022) at 332.7016 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording a 2.4% drop from its previous closing price of 340.9864 ZWL. Delta began the year with a share price of 162.5312 ZWL and has since gained 105% on that price valuation, ranking it 14th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of DLTA’s recent poor performance, having lost 17% of its value in the past four weeks.

Delta Corporation is the sixth most traded stock on the Zimbabwe Stock Exchange over the past three months (Mar 31 - Jul 1, 2022). DLTA has traded a total volume of 19.2 million shares valued at ZWL 6.79 billion over the period, with an average of 304,797 traded shares per session. A volume high of 1.07 million was achieved on May 11th, and a low of 10,300 on April 25th, for the same period. The table below details the last 10 trading days of activity of Delta on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2022-07-01479,500332.7016-8.2848-2.43%
2022-06-30120,600340.9864-10.5920-3.01%
2022-06-29128,800351.5784-7.5236-2.10%
2022-06-28233,000359.1020-0.1990-0.06%
2022-06-27465,700359.3010-0.1086-0.03%
2022-06-24630,800359.4096-3.6125-1.00%
2022-06-23440,400363.0221-11.7233-3.13%
2022-06-22206,800374.7454-0.1275-0.03%
2022-06-21146,300374.8729-0.3454-0.09%
2022-06-2018,600375.2183

Profile of Delta Corporation Limited

Delta Corporation Limited operates in the Consumer Goods sector, specifically, the Beverages industry. Delta Corporation contracts an estimated total number of 4,800 employees. The company is led by Pearson Gowero as its Chief Executive Officer. The company's board of directors, chaired by Canaan Farirai Dube, is composed of 13 members whose names are listed below.

  1. Dube, Canaan Farirai
    Chairman
  2. Gowero, Pearson
    Chief Executive Officer
  3. Valela, Mathlogonolo Mothibedi
    Executive Director, Finance
  4. Hammond, Simon James
    Non-Executive Director
  5. Jinyas, Charity Chiratidzo
    Non-Executive Director
  6. Kirby, Jonathan Andrew
    Non-Executive Director
  7. Moyo, Todd
    Non-Executive Director
  8. Ngwerume, Luke
    Non-Executive Director
  9. Sibanda, Thembinkosi
    Non-Executive Director
  10. Murray, Andrew Scott
    Non-Executive Director
  11. Fundira, Emma
    Board Member
  12. Swartz, Lucia Adele
    Board Member
  13. Rivett-Carnac, Richard
    Board Member

Factsheet of Delta Corporation Limited

Sector
Consumer Goods
Industry
Beverages
Address
Sable House, Northridge Close, PO Box BW 294, Borrowdale, Harare, Zimbabwe
Telephone
+263-4-883-865, +263-4-883-872

DLTA Industrial Market Competitors

Delta Corporation Limited, issuers of the DLTA stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector and/or Beverages industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.


Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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