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Atlanta declines on reporting 43% fall in Q1 net profit

13 Sep 2017 Evaluate

Atlanta is currently trading at Rs. 91.00, down by 2.05 points or 2.20% from its previous closing of Rs. 93.05 on the BSE.

The scrip opened at Rs. 91.00 and has touched a high and low of Rs. 92.90 and Rs. 90.20 respectively. So far 52396 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 120.50 on 16-May-2017 and a 52 week low of Rs. 53.00 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 96.25 and Rs. 90.20 respectively. The current market cap of the company is Rs. 741.65 crore.

The promoters holding in the company stood at 70.86%, while Institutions and Non-Institutions held 2.59% and 26.55% respectively.

The company has reported fall of 42.92% in its net profit at Rs 16.48 crore for first quarter ended June 30, 2017 as compared to Rs 28.87 crore for the same quarter in the previous year. Total income of the company decreased by 9.51% at Rs 54.52 crore for Q1FY18 as compared Rs 60.25 crore for the corresponding quarter previous year.

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.

Atlantaa Share Price

42.52 -0.23 (-0.54%)
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