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Atlanta zooms on securing LoA worth Rs 252 crore from NHIDCL

19 Jan 2016 Evaluate

Atlanta is currently trading at Rs 32.85, up by 2.05 points or 6.66% from its previous closing of Rs 30.80 on the BSE.

The scrip opened at Rs 30.50 and has touched a high and low of Rs 34.30 and Rs 30.30 respectively. So far 35397 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs 2 has touched a 52 week high of Rs 103.70 on 05-Feb-2015 and a 52 week low of Rs 25.45 on 11-Dec-2015.

Last one week high and low of the scrip stood at Rs 41.70 and Rs 30.50 respectively. The current market cap of the company is Rs 250.61 crore.

The promoters holding in the company stood at 74.06% while Institutions and Non-Institutions held 3.25% and 22.68% respectively.

Atlanta has secured the Letter of Award (LoA) worth Rs 252 crore from National Highways & Infrastructure Development Corporation (NHIDCL). The LoA includes setting up of Four Laning of End of Moran Bypass (Km 561.700) to Bogibeel Junction (Km 580.778) of NII-37 in the State of Assam under SARDP-NE Package (ii). The project involves construction period of 910 days.

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.

Peers
Company Name CMP
Larsen & Toubro 3813.80
Kalpataru Projects 1390.50
NCC 134.80
Rail Vikas Nigam 197.00
KEC International 398.65
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