Delta Corp CMP 171:
Delta Corp is fundamentally average share. Recently big bull RJ continuously selling their share around 165-180 per share. Due to this share is continuously selling pressure. Although Hdfc Mutual fund has also bought the shares.
Delta Corp Ltd is the largest gaming company in India and they are the only listed company in the casino gaming with 2000+ live gaming positions. They have managed to capture 55% of market.
Diversified company revenue from Casino, online gaming and hospitality sector as well.
Those who bought at upper level share is near their support level now although 250 was good exit point.
The good thing is that debt free company and risk associated with this business is highly dependent upon govt regulation. So trade it accordingly
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Disclaimer - This video is only for educational purpose. We are not trying to recommend any stock or any trading strategy. The creator & his team is not responsible for any losses occurred. Please consult your financial planner or expert. Please do your own analysis and take informed decisions.
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