Delta Corp has locked in maximum upper limit of 20% at Rs 60.45 on back of heavy volumes with no sellers has seen on the counter. The stock opened at Rs 50.70 and has seen over three-fold jump in trading volumes.
A combined around 13.64 million shares representing 5.7% of total equity of the company have already changed hands till 1330 hours against an average 4 million shares that were traded daily in past two weeks on BSE and NSE. There are pending buy orders for 265,035 shares on both the exchanges.
A combined around 13.64 million shares representing 5.7% of total equity of the company have already changed hands till 1330 hours against an average 4 million shares that were traded daily in past two weeks on BSE and NSE. There are pending buy orders for 265,035 shares on both the exchanges.
Meanwhile, the stock of Delta Corp, which is engaged in the business of gaming & entertainment as well as hospitality & real estate, had underperformed the market by falling 31% so far in 2013 till yesterday compared to 6% fall in benchmark Sensex.