Our research has come up with a small cap pick in Atlanta Infra. The stock after hitting a high of 103 levels is trending towards Rs.75/-Company Background
Atlanta Ltd is an India-based company engaged in the business of contracting activities like construction and development of infrastructure. The Company has a diversified and de-risked work portfolio and enjoys an early mover advantage with over three decades of presence in Engineering, Procurement, Construction (EPC) & Realty and over a decade plus presence in executing Public Private Partnership (PPP) Infrastructure Development Projects and Contract mining of limestone and coal.
Our Recommendation :
The scrip has given a decent return of 86% it had a low of Rs.56 and peaked out at Rs.103 almost doubling from the bottom. It has corrected 20% during the last 1 month. Investors with a short term perspective should buy around 75 levels and exit around 105.
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Raghav
Equity Advisor
Smart Investor
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