Zee Business Managing Editor Anil Singhvi on Friday recommended BUY for Delta Corp share in a special edition 'Aaj Ke 2000' aired on Zee Business. He said that the upcoming quarter will be good for the company. He said that the mid-cap stock is a good buy and bookings are full in this quarter with a 12 per cent increase in the price.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Explaining why he picked Delta Corp, Singhvi 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 213) and keeping the positional target at Rs 240.

BUY Delta Fut

Short Term Target - 218/223/230

STOP LOSS - 207

Market expert and one of the panelists Himanshu said that the technical chart setup of Delta Corp is very good. There is a momentum breakout above Rs 210-212. He recommended BUY Delta Corp for a short-term target of Rs 225 with a Stop Loss of Rs 209 and a positional target of Rs 240 with a Stop Loss of Rs 205.  

Earlier, the Market Guru had said that in the last 6 years from September to December, Delta Corp has never yielded a negative return.

Delta Corp was incorporated in 1990 as a textiles and real estate consultancy company and has evolved into 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.