Sharemasterindia.com: Delta Corp, which runs casinos in Goa among other things, saw strong
buying interest on Friday following the company's first quarter
earnings. Shares in Delta Corp jumped as much as 9.3 per cent to hit an
intraday high of Rs 85.40.
Delta Corp reported a net profit of Rs 10 lakhs in the April-June quarter of FY16 against a loss of Rs 19.6 crore in the corresponding quarter of last fiscal. Total revenues jumped 46 per cent to Rs 81.5 crore compared to Rs 55.7 crore in the year-ago period.
Delta Corp recently started a first of its kind integrated casino resort in Daman, the company mentioned on its website.
Ace investor Rakesh Jhunjhunwala is an investor in Delta Corp.
As of 12.05 p.m., shares in Delta Corp traded 6.35 per cent higher at Rs 83.05 apiece, outperforming the broader Nifty, which was up 0.03 per cent.
Delta Corp reported a net profit of Rs 10 lakhs in the April-June quarter of FY16 against a loss of Rs 19.6 crore in the corresponding quarter of last fiscal. Total revenues jumped 46 per cent to Rs 81.5 crore compared to Rs 55.7 crore in the year-ago period.
Delta Corp recently started a first of its kind integrated casino resort in Daman, the company mentioned on its website.
Ace investor Rakesh Jhunjhunwala is an investor in Delta Corp.
As of 12.05 p.m., shares in Delta Corp traded 6.35 per cent higher at Rs 83.05 apiece, outperforming the broader Nifty, which was up 0.03 per cent.
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