Atlanta surges on bagging order worth Rs 1,292 crore from NHAI

12 Jan 2017 Evaluate

Atlanta is currently trading at Rs. 80.30, up by 1.55 points or 1.97% from its previous closing of Rs. 78.75 on the BSE.

The scrip opened at Rs. 79.40 and has touched a high and low of Rs. 83.50 and Rs. 79.40 respectively. So far 288353 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 84.15 on 24-Oct-2016 and a 52 week low of Rs. 27.30 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 83.50 and Rs. 72.55 respectively. The current market cap of the company is Rs. 656.08 crore.

The promoters holding in the company stood at 70.83%, while institutions and non-institutions held 3.25% and 25.92% respectively.

Atlanta has bagged Rs 1,292 crore order from National Highways Authority of India (NHAI). The company has been declared a preferred bidder for six-laning of NH-8 in Gujarat (length 93.21 km) under NHDP Phase V (Package-VI) on hybrid annuity mode. Atlanta will form a special purpose vehicle for the implementation of the project.

Atlanta is a leading infrastructure company with proven track records of over three decades of experience in engineering, procurement, construction (EPC) and realty. It has presence in three of the country’s fastest growing segments -- infrastructure development, mining and realty.

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