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Delta Corp Shares Dive 5% on Weak Q3, GST Disputes | Stock Market News

Delta Corp Shares Dive 5% on Weak Q3, GST Disputes | Stock Market News

Wed, Jan 10, 2024

Delta Corp reports a 59% drop in profit and 15% fall in revenue for Q3 FY24. Gaming income declines, GST notices for alleged ₹23 billion payments add pressure. Stock price takes a hit.

Delta Corp plunges over 5% after net profit tanks 59% in Q3

Delta Corp plunges over 5% after net profit tanks 59% in Q3

Wed, Jan 10, 2024

Delta Corp Q3 result 2024: The company, which is also a casino operator, said the GST demand worth over Rs 23,200 crore is arbitrary and contrary to the provisions of the law, and hence it has not made any provisions for the same.

Delta Corp Q3 result: Online gaming firm's net profit decline 59% to Rs 34 crore

Delta Corp Q3 result: Online gaming firm's net profit decline 59% to Rs 34 crore

Wed, Jan 10, 2024

Delta Corp Q3 results, Delta Corp quarterly results: Online gaming firm Delta Corp reported a 59 per cent year-on-year decline in its consolidated net profit for the quarter ended December 2023 at Rs 34.48 crore. The income from operations stood at Rs 181.54 crore, 18 per cent lower than the year-ago period.

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Nazara Tech and Delta Corp slip as Supreme Court set to hear Online Gaming Federation's appeal against GST

Nazara Tech and Delta Corp slip as Supreme Court set to hear Online Gaming Federation's appeal against GST

Mon, Jan 08, 2024

Nazara Tech was down by 0.48 per cent, or Rs 4.10, at Rs 846.05 at 10:02 am on Monday. Delta Corp, on the other hand, was lower by 1.35 per cent, or Rs 2.05, at Rs 150.20 in morning deals on Monday.

Delta Corp soars over 8%; here's what's driving the spike in casino operator's shares

Delta Corp soars over 8%; here's what's driving the spike in casino operator's shares

Fri, Dec 01, 2023

Delta Corp share price NSE: In a separate development, Delta Corp announced investors of Rs 99 crore in real estate company Peninsula Land, signalling the casino operator's foray into the realty space.

Delta Corp shares zoomed 10% in fag-end of the session; here is why

Delta Corp shares zoomed 10% in fag-end of the session; here is why

Thu, Nov 30, 2023

Besides casinos, Delta Corp through its online gaming subsidiary Deltatech Gaming runs online real money games like poker, rummy, cricket etc.

Delta Corp Shares Rally, Bombay High Court restraints ₹16,195 crore tax notice

Delta Corp Shares Rally, Bombay High Court restraints ₹16,195 crore tax notice

Wed, Oct 25, 2023

Delta Corp gets relief from Bombay High Court. Notice issued to DGGI for reply from High Court. Instructions not to take action till 5th February

Two entities offload Delta Corp shares worth Rs 56 crore

Two entities offload Delta Corp shares worth Rs 56 crore

Mon, Oct 16, 2023

Two entities -- Bofa Securities Europe and Societe Generale -- on Monday offloaded shares of Delta Corp Ltd for Rs 56 crore through open market transactions. Following the sale, shares of Delta Corp tumbled 8.18 per cent to close at Rs 128.55 apiece on the NSE.

Delta Corp, Federal Bank and Sunteck Realty among 10 stocks that were in action on October 16

Delta Corp, Federal Bank and Sunteck Realty among 10 stocks that were in action on October 16

Mon, Oct 16, 2023

Shares of the realty major logged a fresh 52-week high of Rs 485.95 after the company’s strong Q2 and H1FY24 business update.

Delta Corp Hit with Another Blow - ₹6400 GST Notice | What's Next for Delta Corp? | Q2FY24 Analysis

Delta Corp Hit with Another Blow - ₹6400 GST Notice | What's Next for Delta Corp? | Q2FY24 Analysis

Mon, Oct 16, 2023

Another blow to DeltaCorp - GST notice of around ₹ 6400, notice after notice to Delta Corp. What will happen to Delta Corp? What kind of management commentary will be after Q2 results, know in this video

Delta Corp Share Hits 10% Lower Circuit--What Should Investors Do?

Delta Corp Share Hits 10% Lower Circuit--What Should Investors Do?

Mon, Oct 16, 2023

Shares of Delta Corp nosedived 10% on the BSE on October 16 and hit a new 52-week low of Rs 126 apiece. The stock crashed after the casino chain said it had received another notice from the GST authorities to pay up an additional Rs 6,385 crore as the tax shortfall due from its subsidiary company, Deltatech Gaming.

Delta Corp hits 10% lower circuit; here is why

Delta Corp hits 10% lower circuit; here is why

Mon, Oct 16, 2023

Shares of Delta Corp nosedived 10 per cent on the BSE on Monday (October 16) and hit a new 52-week low of Rs 126 apiece.

Casino chain Delta Corp gets another Rs 6,385 crore GST notice

Casino chain Delta Corp gets another Rs 6,385 crore GST notice

Sat, Oct 14, 2023

Delta Corp's total tax liability has now gone up to Rs 23,206 crore. The amount is more than 6 times the company's market capitalisation of Rs 3,749 crore.

Delta Corp shares jump after casino operator reports steady Q2 results

Delta Corp shares jump after casino operator reports steady Q2 results

Thu, Oct 12, 2023

Delta Corp Q2 results 2023: After market hours on Wednesday, Delta Corp reported revenue of Rs 271 crore for the July-September period as against Rs 270 crore for the corresponding quarter a year ago.

Ashish Kacholia exits Delta Corp; stock falls nearly 6%

Ashish Kacholia exits Delta Corp; stock falls nearly 6%

Tue, Sep 26, 2023

Ashish Ramchandra Kacholia sold 15 lakh shares, or a 0.56 per cent stake, at Rs 144.65 apiece through a bulk deal. The total deal size was worth Rs 21.69 crore. This move came after the stock lost over 17 per cent in Monday's trading session.

Delta Corp Shares Hit Lower Limit After Receiving Massive GST Notice

Delta Corp Shares Hit Lower Limit After Receiving Massive GST Notice

Mon, Sep 25, 2023

Shares of Delta Corp, the gaming and hospitality company, crashed 15% to hit their lower circuit limit of Rs 149 apiece on the BSE in the opening deals on September 25. The stock tumbled following the company receiving a goods and services tax (GST) notice of Rs 16,822 crore.

Delta Corp Hit with ₹16,822 Cr GST Notice: What's Behind the Tax Bombshell?

Delta Corp Hit with ₹16,822 Cr GST Notice: What's Behind the Tax Bombshell?

Mon, Sep 25, 2023

Why did Delta Corporation get a notice of ₹16,822 crore? Why did Delta Corporation get a tax notice? How big an impact on Delta Corporation?

Delta Corp shares crash 18% as the firm receives Rs 16,822 crore GST notice

Delta Corp shares crash 18% as the firm receives Rs 16,822 crore GST notice

Mon, Sep 25, 2023

Delta Corp share price: The stock tumbled following the company receiving a goods and services tax (GST) notice of Rs 16,822 crore.

Delta Corp asked to pay Rs 11,139 crore for payment of shortfall tax under GST

Delta Corp asked to pay Rs 11,139 crore for payment of shortfall tax under GST

Fri, Sep 22, 2023

Delta Corp received an intimation for payment of shortfall tax under Section 74(5) of the CGST Act, 2017 and Goa SGST Act, 2017 from the Directorate General of GST Intelligence, Hyderabad, on Friday.

Impact of 28% GST on Business: Insights from Delta Corp's Group CFO Hardik Dhebar

Impact of 28% GST on Business: Insights from Delta Corp's Group CFO Hardik Dhebar

Wed, Jul 26, 2023

28% GST will have a big impact on business… Customer base in Goa is on the rise: Hardik Dhebar, Group CFO, Delta Corp

Delta Corp share price tanks over 27% in one day

Delta Corp share price tanks over 27% in one day

Wed, Jul 12, 2023

Big blow to the onlinegaming sector! Delta Corp broken by 28% GST How much IMPACT to DeltaCorp's online gaming? If you have DeltaCorp in your portfolio then definitely watch this video of Anil Singhvi

Delta Corp, Nazara Tech: Online gaming, casino stocks crash; should you stay away?

Delta Corp, Nazara Tech: Online gaming, casino stocks crash; should you stay away?

Wed, Jul 12, 2023

Stocks in focus: Nazara Tech shares sank as much as 14.3 per cent to Rs 605 on the BSE. However, the stock recovered later but was still trading nearly 4 per cent lower at Rs 680.30 on the BSE.

Share Market HIGHLIGHTS: Nifty 50 and Sensex finished a volatile session barely in the green on Thursday, a day after TCS reported a muted set of Q4 results

Share Market HIGHLIGHTS: Nifty 50 firm above 17,800, Sensex takes rally to 2,817 pts in nine days; Infosys falls 3% ahead of Q4 results

Thu, Apr 13, 2023

Share Market HIGHLIGHTS: Indian equity benchmarks Nifty 50 and Sensex staged a fag-end recovery amid volatile trade ahead of the weekly expiry of derivative (F&O) contracts on Thursday. Gains in financial shares were offset by losses in IT heavyweights such as TCS and Infosys, as the Indian share market headed into a long weekend on account of the Dr Baba Saheb Ambedkar Jayanti on April 14. Investors keenly awaited the Infosys Q4 results due later on Thursday, a day after Tata group IT major TCS kicked off the earnings season by reporting a muted set of quarterly numbers. minute-by-minute updates of all the action in the Indian share market on April 13, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.

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