Only one stock – Delta Corp – has been restricted for trading under the futures and options (F&O) segment by the National Stock Exchange (NSE) on Wednesday, April 12, 2023. NSE updates the list of securities in the F&O limit for trading daily.
Shares of Delta Corp will be available for Business in the cash market.
marketOn Tuesday, Delta Corp’s wide position limits (MWPL) stood at 118.3 per cent, while the open interest stood at 18.5 million. According to Trendline data, it was up 18.1 per cent from the previous session.
The F&O contracts of any counter enter the restriction period when the Open Interest (OI) on it crosses 95 per cent of the MWPL. The restriction on this is withdrawn by the stock exchange only when the OI falls below 80 per cent.
Delta Corp Earnings, Dividends
Delta Corp Ltd. posted a consolidated net profit of Rs. 51 crore for the March 2023 quarter, a growth of 6 per cent over Rs. 48 crore in the same period a year ago.
However, on a sequential basis, the company’s net profit fell by nearly 40 per cent compared to last year. 85 crore in the last December quarter.
Revenue from operations increased by 4 percent 227 crore for the period under review. stood on 218 crore in the corresponding quarter of the previous year. Quarter-on-quarter revenue declined by 17 percent compared to 273 crore in the third quarter.
Delta Corp’s board has declared a dividend of Rs. 1.25 per equity share of face value of Rs 1, a dividend of 125 per cent.
The company said the dividend will be paid within 30 days from the date of approval in the ensuing annual general meeting.
Delta Corp shares were trading up by 0.79 per cent. 190.50 on Wednesday to Rs.
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