Delta Corp shares hit new 52-week low, fall 23% in 2 sessions on tax blow

Delta Corp shares hit new 52-week low, fall 23% in 2 sessions on tax blow

Delta Corp shares fell nearly 6% to their new 52-week low of Rs 135 on the NSE in Tuesday’s early trade as the tax implications on the casino operator weighed on investor sentiments for the second straight session. The price action was accompanied by volume action with over 1,25 crore shares changing hands around 9:30 … Read more

Casino operator Delta Corp shares tank 20% on Rs 11,140 crore GST notice

Casino operator Delta Corp shares tank 20% on Rs 11,140 crore GST notice

Delta Corp shares fell nearly 20% to their 52-week low of Rs 140 on the NSE in Monday’s early trade following a notice from the government to pay tax of Rs 11,140 crore along with interest and penalty for the period July 2017 to March 2022. The tax payment notice to the company exceeds its … Read more

Delta Corp Q4 Results: Net profit rises 6% YoY to Rs 51 crore; revenue up 4%

Delta Corp Q4 Results: Net profit rises 6% YoY to Rs 51 crore; revenue up 4%

Delta Corp Ltd reported a consolidated net profit of Rs 51 crore for the quarter ending March 2023. This is an increase of 6% compared with Rs 48 crore in the same period last year. On a sequential basis, net profit fell as much as 40% as against Rs 85 crore clocked in the preceding … Read more

Big Movers on D-St: What should investors do with SPARC, Delta Corp and M&M?

Big Movers on D-St: What should investors do with SPARC, Delta Corp and M&M?

Indian market closed lower for the fifth consecutive day on Thursday following muted global cues. The S&P BSE Sensex plunged more than 1,000 points while the Nifty50 closed below 15,400 after it hit a fresh 52-week low. Sectorally, selling pressure was seen in metals, public sector, telecom, realty, and IT stocks. The S&P BSE Midcap … Read more

Rakesh Jhunjhunwala sells 25 lakh shares of Delta Corp; stake falls to 6.2%: Report

Rakesh Jhunjhunwala sells 25 lakh shares of Delta Corp; stake falls to 6.2%: Report

New Delhi: Ace investor Rakesh Jhunjhunwala has trimmed his stake in the casino and recreation company , suggest media reports. According to ET Now, Jhunjhunwala, often called Big Bull, sold 25 lakh shares of Delta Corp between May 27-31. His holding in the company declined to 6.2 per cent from 7.5 per cent earlier. https://twitter.com/ETNOWlive/status/1531929870581653509?s=20&t=TXO_vqMNqqwZwqVuQRFpLw … Read more