 "Delta Corp gains on stake sale plan in Advani Hotels")
Delta Corp has moved higher by 5% to Rs 90 after the company said it has engaged Yes Bank, a merchant banker, to explore possibilities for sale of the company’s interest in Advani Hotels and Resorts India.
Delta Corp held 35.60% stake in Advani Hotels and Resorts India as of September 30, 2014, the shareholding pattern data shows.
The stock opened at Rs 85.90 and touched high of Rs 92.35 on NSE. The trading volumes on the counter more than doubled with a combined 3.97 million shares changed hands till 1440 hours on NSE and BSE.
Shares in Delta Corp has soared 12% to Rs 71.50 on NSE. The stock hit a high of Rs 76.80 and low of Rs 60.15 during intra-day trade. A combined 39,618 shares changed hands on NSE and BSE.
Delta Corp held 35.60% stake in Advani Hotels and Resorts India as of September 30, 2014, the shareholding pattern data shows.
The stock opened at Rs 85.90 and touched high of Rs 92.35 on NSE. The trading volumes on the counter more than doubled with a combined 3.97 million shares changed hands till 1440 hours on NSE and BSE.
Shares in Delta Corp has soared 12% to Rs 71.50 on NSE. The stock hit a high of Rs 76.80 and low of Rs 60.15 during intra-day trade. A combined 39,618 shares changed hands on NSE and BSE.