The three IT majors are scheduled to report Q3 earnings on Wednesday.
The broader markets were quiet today with the BSE MidCap and SmallCap indices ending little changed
Delta Corp will be in focus ahead of its Q3 earnings, the stock is also in F&O ban. HCC may come under pressure owing to debt default.
The stock hit a low of Rs 252.65 in early morning trades on the BSE
Under the current circumstances, the market participants have become cautious and are seeking opportunities in the safe bets
These five small-cap stocks can rally up to 40 per cent in the medium-term, indicate charts
In Q2, Delta Corp reported consolidated net loss of Rs 22.57 crore as against Rs 28.93 crore in Q1FY22 and Rs 54.91 crore in Q2FY21
Delta Corp shares hit an over three-year high of Rs 287.70 after they rallied 9 per cent on the NSE in intra-day trade on Friday
CARE upgraded long term credit rating for Tata Steel to AA+ from AA and the outlook to Stable from Negative
Ace investor Rakesh Jhunjhunwala (4.31 per cent) and his wife Rekha Jhunjhunwala (3.19 per cent) collectively held a 7.5 per cent stake in Delta Corp at the end of December quarter
With Friday's move, 15,200 - 15,400 has become a sturdy wall for Nifty and it would really be a daunting task surpassing this in the absence of any major trigger
A combined 11.77 million shares had changed hands on the NSE and BSE till the time of writing of this report
Thus far in CY20, 20 companies have announced buyback of their shares, of which, 14 firms have proposed to buyback from open market route
Although a confirm breakout is yet to take shape, still the Delta Corp counter is exhibiting upside on the charts as volumes spike
Smaller Cap World Fund Inc, yesterday, sold 1.59 million equity shares of Delta Corp at a price of Rs 144 per share.
The stock was up 8% to Rs 245 on the BSE in intra-day trade on back of heavy volumes after the company reported 11% YoY growth in its consolidated net profit at Rs 481 million in Q2FY19.
The stock rallied 5% to Rs 178 on BSE in early morning trade in otherwise weak market
The company is a concept play on expansion of the casino and gaming industry in India
The stock was up 7% at Rs 165, appreciating 73% from its recent low of Rs 95.40 on December 26, 2016
The stock dipped 5% to Rs 129 on the BSE in intra-day trade.