Vermillion Peak Master Fund, which is registered with the US Security and Exchange Commission, also picked up 1.47 percent stake during the quarter.
The company's focus on online gaming is expected to be the next big driver, given the growing internet penetration and availability of online payment options.
Motilal Oswal is bullish on Delta Corp has recommended buy rating on the stock with a target price of Rs 304 in its research report dated July 09, 2019.
Emkay maintained a buy call on the stock with a target price at Rs 365, implying 116 percent potential upside from current levels
Government is in talks with the companies to recover evaded GST
Sakshi Batra discusses the factors that led to Delta Corp's stellar performance in the last quarter of FY19.
A positive opening is likely as Nifty Futures on Singaporean Exchange were trading over 8.5 points higher. The futures traded around 11,795-odd levels.
Motilal Oswal is bullish on Delta Corp has recommended buy rating on the stock with a target price of Rs 320 in its research report dated January 10, 2019.
We recommend buying the stock at CMP for the target of Rs 280, keeping stop loss at Rs 225 on closing basis, says Vinay Rajani of HDFC Securities.
In 2014, Delta had appealed to the authorities for permission, but the plan fell through
Motilal Oswal is bullish on Delta Corp has recommended Buy rating on the stock with a target price of Rs 290 in its research report dated October 16, 2018.
Emkay Research has reiterated its Buy call on Delta Corp with a target price at Rs 380 per share, implying potential upside of 68 percent after the company's profit was ahead of expectations.