HomeNewsBusinessMarketsValuations not compelling for Delta Corp yet: Udayan

Valuations not compelling for Delta Corp yet: Udayan

CNBC-TV18's Udayan Mukherjee feels Delta Corp will need to sort the things out with the Goa authorities over the next few weeks, failing to do so, the stock would get de-rated very quickly.

February 02, 2011 / 13:46 IST
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Yesterday shares of Delta Corp were under pressure after the Goa government ordered to shut down two of its offshore casinos. According to the order, the casinos violated Goa Anti-Gambling Act.

At 09:39 hrs the share was quoting at Rs 67.70, down Rs 1.90, or 2.73%. It was trading with volumes of 1,515,569 shares. According to CNBC-TV18
first published: Feb 2, 2011 09:46 am

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