India's Delta Corp at highest in 3 weeks on regulator's nod for unit IPO

Delta

07/10/2022 08:24

** Shares of Delta Corp  DELT.NS  rise as much as 3.22% to
227.85 rupees, their highest since Sept. 16
    ** The casino gaming co's stock rises for a fifth straight
session
    ** On Tuesday, DELT rose after its unit Deltatech Gaming Ltd
got an an approval from India's market regulator for its 5.50-
billion Indian rupees ($66.75 million) initial public offering
 urn:newsml:reuters.com:*:nL4N3150ZM
    ** More than 5.9 mln shares traded by GMT 0710, vs their
30-day avg of 5.3 mln shares
    ** Stock down 14.83% YTD, as of last close
($1 = 82.3975 Indian rupees)
 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))