Impact of the GST hike on Delta Corp Ltd.
Elite
The gaming industry has taken an unforeseen turn! An unexpected statement regarding the 28% GST rate on gaming, stole the show at the 50th GST conference. In this article, we will dive into the consequences of this move and will also discover how this unexpected turn of events will impact the industry players, including one unfortunate company whose shares dropped significantly right after the news.
Yes, it was Delta Corp who witnessed a misfortune and tasted the bitterness of a 23% share crash!📉 The news of the GST increase has seemed to hit them like a punch in their belly.
You are missing out on so much.
To continue reading, Subscribe.
You can have unlimited access to all the Elite Articles. Log in to check if your Finology account is ready for Elite.
By Subscribing to Finology One, you can unlock more superpowers -
Up to 3 premium articles every week- 15+ Stock recommendations with Recipe.
- 45+ premium courses with Quest.
- Valuation Calculators and more tools with Ticker.
You get all of these in one, with One.
How was this article?
Like, comment or share.
6
