 "Atlanta zooms 17% on robust June quarter results")
Atlanta has zoomed 17% to Rs 72.85 on National Stock Exchange (NSE), after reporting a five-fold jump in net profit at Rs 19 crore for the first quarter ended June 2014 (Q1), on back of strong operational income. The construction and engineering company had profit of Rs 3.85 crore in the same quarter last fiscal.
Total income from operations during the quarter under review increased by nearly three-fold at Rs 130 crore against Rs 45 crore in the corresponding quarter of previous year.
The stock opened at Rs 62.75 and touched high of Rs 74.30, also its 52-week high on NSE. The counter has seen huge trading activity with a combined 2.64 million shares changed hands on the counter so far on NSE and BSE.
Total income from operations during the quarter under review increased by nearly three-fold at Rs 130 crore against Rs 45 crore in the corresponding quarter of previous year.
The stock opened at Rs 62.75 and touched high of Rs 74.30, also its 52-week high on NSE. The counter has seen huge trading activity with a combined 2.64 million shares changed hands on the counter so far on NSE and BSE.