Delta Corp jumped 5.14% to Rs 109.35 at 15:03 IST on BSE on bargain hunting after sliding 35.98% in the preceding six trading sessions to settle at Rs 104 yesterday, 16 November 2016, from its close of Rs 162.45 on 7 November 2016.
Meanwhile, the S&P BSE Sensex was down 92.35 points, or 0.35%, to 26,206.34
On BSE, so far 12.22 lakh shares were traded in the counter, compared with an average daily volume of 12.59 lakh shares in the past one quarter. The stock hit a high of Rs 111.40 and a low of Rs 101.05 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 stock underperformed the market over the past 30 days till 16 November 2016, sliding 38.48% compared with the Sensex's 6.25% fall. The scrip also underperformed the market in past one quarter, declining 26.81% as against the Sensex's 6.49% decline.
The small-cap company has an equity capital of Rs 23.09 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.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
