Delta Corp Results Sep 2019

Delta Corp Limited – an Indian gaming and hospitality company which owns and operates many casinos and hotels in India and the only NSE/BSE listed company engaged in casino gaming.

Overall a muted results for Delta Corp in Sep 2019 quarter with standalone pat down 29% but consolidated pat up 29%.

Operating profit was down 25% in standalone basis and up 4% in consolidated basis. PBDT down 42% and up 4% respectively. EPS down 29% in standalone and up 22% in consolidated basis.

1 year chart

Delta Corp stock still in a bearish mode under 200 dma but showing a positive trend for past few weeks.

weekly chart

In weekly chart also Delta Corp stock in a consolidation mode with both Macd and ADX still not showing any big positive or negative trend.