Atlanta gains 4% as JV bags Rs 118-cr order

Atlanta has moved up over 4% at Rs 76.15 after its joint venture (JV) Atlanta-ARSS bagged a contract amounting to Rs 117.71 crore.

The said order is for execution of widening and reconstruction of Manawar-Mangod (Bandheri) road & Sardarpur-Rajgarh-Bagh road, package No 4 under MPSRP-III from Madhya Pradesh Road Development Corporation (MPRDC).

The stock opened at Rs 73.50 and touched a high of Rs 76.45 on the NSE. A total of 510,217 shares have changed hands on the counter till 1112 hours.