Synopsis:
The infrastructure and real estate firm saw its stock surge nearly 20% after securing a ₹2,485 crore EPC road project. Despite a recent quarterly loss, its diverse portfolio, government collaborations, and ongoing projects highlight strong growth potential and sector presence.
The share of the infrastructure company hit the 20 percent upper circuit in the morning session after the company entered into an agreement with IRCON International Limited (IRCON) worth Rs 2,485 crore.
With a market capitalization of Rs 380.12 crore, the shares of Atlantaa Ltd were trading at Rs 46.64 per share, increasing around 19.99 percent as compared to the previous closing price of Rs 38.87 apiece.
Significant Agreement
The shares of Atlantaa Ltd have seen positive movement after signing a significant agreement with IRCON International for the construction of the Bhandara–Gadchiroli Access Controlled Expressway in Maharashtra. The project, under EPC Mode (Package BG-03), spans 34.786 km from Sarandi Bk, Bhandara, to Kinhi, Bramhapuri, Chandrapur, and has been awarded by the Maharashtra State Road Development Corporation (MSRDC). The agreement, valued at Rs 2,485 crore.
Additionally, the agreement between the company and IRCON is based on IRCON being declared L-1 for the project by MSRDC, following proper tender procedures. The contract is entered in anticipation of the project award, with the company committing to provide further updates once MSRDC officially grants the project, ensuring transparency and compliance with regulatory requirements.
Financial & Operational Highlights
The company’s Q1FY26 performance weakened, with revenue falling 5.6 percent to Rs 14.54 crore from Rs 15.41 crore a year ago. Profitability declined sharply, turning a Rs 13.29 crore profit into a Rs 1.71 crore loss, reflecting operational or cost pressures affecting earnings despite a relatively modest revenue decline.
Also Read: Auto stock jumps 7% after company’s sales volume increases by 47.6% in September 2025
The company has a diverse project portfolio spanning infrastructure and real estate. In infrastructure, key projects include Ropar Tollways, Udaipur Bypass, Nagpur Kondhali Toll Plaza, Mumbra Bypass Toll, and the Dahej SEZ. In real estate, it has developed Shrikant Chambers, Olympic Lifestyles, Atlanta Enclave, and ABT Apartments, reflecting a balance between large-scale transport and residential developments.
Atlanta Limited partners with key Indian government agencies, including MSRDC, Airports Authority of India, and NHAI, highlighting its strong role in national infrastructure. Its collaborations span road, rail, industrial, and defence sectors, showcasing a commitment to India’s development journey and reputation as a trusted partner for both state and central authorities in major growth projects.
Atlantaa Limited is an infrastructure development company engaged in EPC contracts, Public-Private Partnerships, real estate, and the construction of roads, highways, and bridges. The company operates on a foundation of integrity, transparency, and accountability, ensuring fair and ethical practices in all its dealings with various stakeholders.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
