Delta Corp shares gain 10% after board approves demerger of hospitality and real estate business – Mint

Delta Corp’s shares saw a significant increase of 10% following the approval of the demerger of its hospitality and real estate business by the board. The company’s decision to separate these two segments has garnered positive attention from investors, resulting in a boost in the stock price. This move is expected to streamline operations and create more focused strategies for each business division. Overall, the market response to Delta Corp’s demerger decision has been favorable, reflecting confidence in the company’s future prospects.