Delta Corp Surges 10% on Real Estate Demerger News
Delta Corp shares surged 10% after the company announced the demerger of its hospitality and real estate businesses.
Delta CorpReal Estate DemergerZee MediaKec InternationalGillette IndiaReal Estate NewsSep 25, 2024
The demerger is expected to be completed within the next 12-18 months, subject to regulatory approvals. The company's board of directors has approved the demerger plan, which will result in the creation of a new entity that will house the hospitality and real estate businesses.
Delta Corp's gaming and hospitality business has been performing well, with the company reporting a significant increase in revenue in the last quarter. The demerger is expected to unlock value for shareholders and provide a clearer focus on the company's core business.
Meanwhile, Zee Media shares were also in the news after the company reported a significant increase in revenue and profit in the last quarter. The company's TV news business has been performing well, driven by increased advertising revenue.
KEC International shares were also in focus after the company announced the completion of a significant transmission line project in the Middle East. The company's infrastructure business has been performing well, driven by increased demand for power transmission and distribution projects.
Gillette India shares were in the news after the company reported a significant increase in revenue and profit in the last quarter. The company's personal care business has been performing well, driven by increased demand for grooming products.
Easy Trip Planners shares were also in focus after the company reported a significant increase in revenue and profit in the last quarter. The company's travel business has been performing well, driven by increased demand for online travel bookings.
The Indian stock market has been performing well in recent times, driven by increased investor sentiment and a strong economic growth outlook. The market is expected to continue its upward trend in the coming months, driven by strong corporate earnings and a stable economic environment.
Information Delta Corp is a leading Indian gaming and hospitality company that operates casinos and hotels in Goa and other parts of the country. The company has a significant presence in the gaming and hospitality industry and has been expanding its operations in recent times.
Delta Corp is a leading Indian gaming and hospitality company that operates casinos and hotels in Goa and other parts of the country. The company has a significant presence in the gaming and hospitality industry and has been expanding its operations in recent times.
KEC International is a leading Indian infrastructure company that provides engineering, procurement, and construction services for power transmission and distribution projects. The company has a significant presence in the infrastructure industry and has been expanding its operations in recent times.
Gillette India is a leading Indian personal care company that provides a range of grooming products. The company has a significant presence in the personal care industry and has been expanding its operations in recent times.
Easy Trip Planners is a leading Indian travel company that provides online travel bookings and other travel-related services. The company has a significant presence in the travel industry and has been expanding its operations in recent times.
Zee Media is a leading Indian media company that operates TV news channels and other media businesses. The company has a significant presence in the media industry and has been expanding its operations in recent times.
Frequently Asked Questions
What is the reason behind Delta Corp's demerger plan?
The demerger plan is aimed at focusing on the company's core business of gaming and hospitality.
What is the expected timeline for the demerger?
The demerger is expected to be completed within the next 12-18 months, subject to regulatory approvals.
How has Zee Media's TV news business been performing?
Zee Media's TV news business has been performing well, driven by increased advertising revenue.
What is the status of KEC International's transmission line project in the Middle East?
The project has been completed, and the company has announced its completion.
How has Gillette India's personal care business been performing?
Gillette India's personal care business has been performing well, driven by increased demand for grooming products.
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