Delta Corp Ltd
DELTACORP

136.80

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

136.35

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 131.70
We recommend ACCUMULATE as we expect revenue to grow at 26% CAGR over FY16-18E as it plans expansion in Daman and Sikkim. It is also planning to enter online gaming space by buying stake in Gaussian Networks. However, we see limited upside as stock is currently trading at P/E of 35.4x on FY18E earnings. (Target price - Rs.142)
Detailed View
50 DMA (.)
121.21
100 DMA (.)
132.79
200 DMA (.)
122.02
Weekly Range (.)
114.70
139.80
Monthly Range (.)
112.30
139.80
52 Weeks Range (.)
49.15
195.30
Detailed Chart