SP Tulsian, sptulsian.com shares his view on Delta Corp .
Tulsian told CNBC-TV18, "I don't think that Delta Corp really is moving on expectations of better results because the results are likely to be flat on the lines which we have seen for the first two quarters because lot of trading momentum is happening in this stock and I don't think that is predictable."
He further added, "Some of these stocks are showing volatile behavior which may include Delta Corp, VIP Industries , REC, PFC. So I don think one can really take cues from expected positive results of Q3 from the company. Because their core business have been disappointing and if you see the overall PAT then probably the realty business is giving more contribution to top line and bottom line. So I won't be too comfortable with the results and today's upmove whether it can really sustain on a longer time scale I have my doubts."
