Delta Corp gained 1.56% to Rs 136.90 at 09:55 IST on BSE after the company said it was issued a licence for operating a casino in Gangtok, Sikkim, under the Sikkim Casino (Control &Tax) Act, 2002.
The company is fully ready to commence its casino operations and will do so immediately. The announcement was made after market hours yesterday, 16 January 2017.Meanwhile, the S&P BSE Sensex was up 59.07 points, or 0.22%, to 27,347.24
On BSE, so far 4.83 lakh shares were traded in the counter, compared with an average daily volume of 8.99 lakh shares in the past one quarter. The stock hit a high of Rs 139.50 and a low of Rs 136.45 so far during the day. The stock hit a record high of Rs 195.20 on 26 October 2016. The stock hit a 52-week low of Rs 49 on 29 February 2016.
The small-cap company has an equity capital of Rs 23.11 crore. Face value per share is Re 1.
Delta Corp's consolidated net profit surged 680.87% to of Rs 32.25 crore on 44.55% rise in total income to Rs 135.62 crore in Q2 September 2016 over Q2 September 2015.
Delta Corp holds three offshore gaming licences in Goa and has an integrated casino resort in Daman. The company also has three luxury hotel properties in Goa Deltin Suites, Deltin Palms and Villa Marina by Deltin.
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