India Nivesh maintains buy on Delta Corp, target price Rs 268

India Nivesh has maintained its buy rating on Delta Corp with a target price of Rs 268. The brokerage said Delta Corp's revenues remained flat in the third quarter on account of degrowth in the hospitality segment. Further the increased supply due to increased competition is impacting the visitors to Delta's Deltin Casinos. Shares of Delta Corp closed at Rs 198, down 0.8%.