Since Delta is already paying a 28% tax on its casino business, it will have little effect on that front. Its online gaming business will be hit. Nazara says the move will apply only to the skill-based real money gaming segment, and it contributes only around 5% to overall revenues
ICICIdirect.com is bearish on OnMobile Global and has recommended sell rating on the stock with a target price of Rs 26 in its July 9, 2013 research report.
Mehta Equities has come out with its report on stock ideas for 2012-13.
Unicon Investment is bullish on OnMobile Global and has recommended buy rating on the stock with a target of Rs 94 in its January 17, 2012 research report.
GEPL Capital has come out with its report on top trading picks OnMobile Ltd & IDFC. According to the research firm one can buy OnMobile Global with a stop loss of Rs 62 for a target of Rs 96 and buy IDFC at current market price as well as on decline with a stop loss of Rs 93 for a target of Rs 113.
ICICIdirect.com is bullish on OnMobile Global and has recommended buy rating on the stock with a target of Rs 83 in its August 08, 2011 research report.
IIFL is bullish on OnMobile Global and has recommended buy rating on the stock with a target of Rs 136 in its June 7, 2011 research report.
Aditya Birla Money is bearish on OnMobile Global and has recommended sell rating on the stock with a target of Rs 230 in its March 23, 2011 research report.
Asit C. Mehta is bullish on OnMobile Global (OGL) and has recommended buy rating on the stock with a target of Rs 385 in its January 31, 2011 research report.