SP Tulsian of sptulsian.com told CNBC-TV18, "Delta Corp is in my buy list today. Its entire business has come from the core operations, which is gaming business. There is sequential growth, infact this quarter is always the best for the gaming business."
"They have exited totally from real estate business. They have sold their investments in the Kenya. In the previous quarters real estate has been a contributor to the EBIT. So even if you take the exceptional gain of about Rs 15 crore which they earned from the sale of their investments in the Kenya subsidiaries, the overall performance plus their Daman casino is due for operations may be in the next couple of months. So that will start adding to the FY15 performance. There is trading momentum which we have seen, infact it has gone up to a level of Rs 115-120. I am expecting a price of Rs 120 may be next week or 10 days," he added.
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