India's Delta Corp sees best day in 8 months, unit files for IPO

Delta

17/06/2022 10:06

** Casino operator Delta Corp  DELT.NS  rises as much as 12%
in biggest the daily pct gain since Oct. 12
    ** Unit Deltatech Gaming files for IPO of up to 5.5 bln
rupees ($70.45 million) on Thursday  urn:newsml:reuters.com:*:nFWN2Y308B
    ** IPO consists of fresh issue of shares worth 3 bln rupees
and an offer for sale of shares worth 2.5 bln rupees
    ** Separately, co said on Friday that area for co's resort
in Goa in western India notified as "investment promotion area"
by govt
    ** More than 35.6 mln shares traded as of 0840 GMT, 7 times
the 30-day avg
    ** Stock last up 10.8% to 181.5 rupees


($1 = 78.0725 Indian rupees)

 ((tanvi.mehta@thomsonreuters.com; https://twitter.com/TanviMehta710;))