Delta Corp shares have been on a losing streak for six sessions now. The company recently received one tax notice for Rs 11,140 crore and another amounting to Rs 5,682 crore against three of its subsidiaries.
Hot stocks today: Benchmark indices were trading lower in early deals today (September 26). Cochin Shipyard, EKI Energy Services, Nuvama Wealth, Apar Industries, IFCI and Delta Corp are among stocks buzzing in action. Find out all about it in this Business Today Visual Story.
Shares of Delta Corp, which operates casinos in India, fell nearly 20% following a tax payment notice from the government. The notice requires the company to pay Rs 11,140 crore along with interest and penalty for the period July 2017 to March 2022.
Shares of gaming company Delta Corp Ltd fell as much as 20 per cent on Monday after the company said it received a tax shortfall notice of Rs 16,822 crore on Friday, September 22.