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Delta Corp jumps after turnaround Q1 results

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Capital Market
Last Updated : Jul 18 2015 | 12:01 AM IST

Delta Corp rose 6.40% to Rs 83.10 at 9:48 IST on BSE after the company reported consolidated net profit of Rs 0.10 crore in Q1 June 2015 as against net loss of Rs 19.57 crore in Q1 June 2014.

The result was announced after market hours yesterday, 16 July 2015.

Meanwhile, the BSE Sensex was up 30.39 points, or 0.11%, to 28,476.51.

On BSE, so far 9.05 lakh shares were traded in the counter, compared with an average volume of 3.57 lakh shares in the past one quarter.

The stock hit a high of Rs 85.40 and a low of Rs 82.60 so far during the day. The stock hit a 52-week high of Rs 104.90 on 18 November 2014. The stock hit a 52-week low of Rs 67.50 on 3 June 2015.

The stock had outperformed the market over the past one month till 16 July 2015, rising 12.13% compared with 6.59% rise in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 12.74% as against Sensex's 0.77% fall.

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The mid-cap company has an equity capital of Rs 23.07 crore. Face value per share is Re 1.

Consolidated net sales rose 46.20% to Rs 81.45 crore in Q1 June 2015 over Q1 June 2014.

Delta Corp is the largest and only listed company within the gaming and hospitality segment in India. Delta Corp is rapidly expanding its gaming positions in Goa and currently offers 2,000 gaming positions. Delta Corp also has recently started a first of its kind integrated casino resort in Daman.

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First Published: Jul 17 2015 | 9:38 AM IST

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