Aaj Ke 2000: BUY Delta Corp shares - Why Market Guru Anil Singhvi recommended this stock - Check price target
Delta Corp was incorporated in 1990 as a textiles and real estate consultancy company and has evolved into a diversified segments like Casino gaming, Online gaming, Hospitality and Real estate.
Zee Business Managing Editor Anil Singhvi on Friday recommended Delta Corp in 'Aaj Ke 2000' programme aired on the channel. He said that the mid-cap stock is a good buy and can yield a return of20 per cent from the current level. Explaining why he picked Delta Corp, the Market Guru said that the company's fundamentals are strong and that the stock could yield a good return in short term and long term.
He suggested buying Delta Corp at the current price (NSE: DELTACORP Rs 218) in delivery and staying invested till December-January. The target for those buying in delivery, he said, will be Rs 250-255 by December-January.
He also gave three targets for Delta Corp share price - Rs 224, Rs 230 and Rs 238 while the Stop Loss at Rs Rs 205
He said that in the last 6 years from September to December, Delta Corp has never yielded a negative return.
Delta Corp share price has delivered a return of 24 per cent in the last one year.
Delta Corp was incorporated in 1990 as a textiles and real estate consultancy company and has evolved into a diversified segments like Casino gaming, Online gaming, Hospitality and Real estate. It is the only listed company engaged in the casino (live, electronic and online) gaming industry in India, according to its website.
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