Business Standard

More legs to the rally in Delta Corp

The company is a concept play on expansion of the casino and gaming industry in India

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Sheetal Agarwal
Casino and hotel operator Delta Corp (Delta) has a host of growth catalysts in place going forward. Under-penetration of casinos in India, launch of the company's casino in Daman (Union Territory) and value unlocking from sale of land parcels are among the catalysts. The company's leadership position in the Indian gaming industry makes it well poised to benefit from growth of this market in India. In fact, ace investor Rakesh Jhunjhunwala recently stepped up his stake in the company to 10.28 per cent from 9.74 per cent earlier - an indication of his positive views on the stock. Notably, even

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