 "Atlanta zooms 20% on robust Q1 earnings")
Atlanta is locked in upper circuit of 20% at Rs 60.10 on the BSE after the company reported net profit of Rs 28 crore for the quarter ended June 30, 2016 (Q1FY17), on the back of strong operational performance.
The company engaged in construction & development of infrastructure business had posted net loss of Rs 7.69 crore in the same quarter year ago. It had profit of Rs 13 crore in previous quarter.
Total income from operations during the quarter stood at Rs 64 crore against Rs 83 crore in previous quarter and Rs 7 crore in a year ago quarter.
Till 02:53 pm, a combined 2.18 million shares changed hands and there were pending buy orders for 312,818 shares on the BSE and NSE. The stock is currently trading nears to its 52-week high of Rs 60.50 on the BSE touched on July 20, 2016.
The company engaged in construction & development of infrastructure business had posted net loss of Rs 7.69 crore in the same quarter year ago. It had profit of Rs 13 crore in previous quarter.
Total income from operations during the quarter stood at Rs 64 crore against Rs 83 crore in previous quarter and Rs 7 crore in a year ago quarter.
Till 02:53 pm, a combined 2.18 million shares changed hands and there were pending buy orders for 312,818 shares on the BSE and NSE. The stock is currently trading nears to its 52-week high of Rs 60.50 on the BSE touched on July 20, 2016.
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