Delta Corp Limited, a prominent player in the gaming and hospitality industry, recently saw a surge in its stock price ahead of its upcoming board meeting to review the financial results for the quarter ended December 2024. The company’s stock rose by 4.27% to reach ₹114.30 on the exchange, indicating investor optimism and interest in the expected performance of Delta Corp.
The board meeting, scheduled for January 13, 2025, will see the approval of the unaudited financial results for the last quarter of 2024. This announcement has garnered attention from market participants, leading to a positive momentum in the stock’s value during morning trade. The stock opened at ₹110.80, showing a significant increase from the previous closing price of ₹109.62.
Delta Corp operates in the casino gaming and hospitality sector, and its stock performance often reflects market sentiments towards the company’s financial outlook. The intraday gain of ₹4.68 per share highlights the confidence of investors in Delta Corp’s abilities to deliver strong quarterly results.
Overall, the stock’s upward movement ahead of the board meeting underscores the market’s positive sentiment towards Delta Corp and its anticipated financial performance. Investors will be closely watching the outcome of the board meeting to gauge the company’s financial health and future prospects in the gaming and hospitality industry.