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Atlanta Electricals rises after bagging Rs 285 crore order from PSTCL
Atlanta Electricals rose 4.61% to Rs 2,147 after the company received a LoA from Punjab State Transmission Corporation (PSTCL) for the supply of 23 units of 160 MVA, 220/66 kV power transformers along with NIFPES and optional spares.
Atlanta Electricals bags ₹285 cr Punjab transmission utility order for 23 power transformers
Shares of Atlanta Electricals Ltd ended at ₹2,052.40, up by ₹97.70, or 5.00%, on the BSE.
Atlanta Electricals bags Rs 190 crore order from RVPN
Atlanta Electricals has secured an order worth Rs 190 crore from Rajasthan Rajya Vidyut Prasaran Nigam (RVPN).
Atlanta Electricals wins order of Rs 190 cr
Atlanta Electricals has won a Rs 190 crore order from the Rajasthan Rajya Vidyut Prasaran Nigam (RVPN) for the supply of 53 units Power Transformers.
Stocks To Buy: Here's what is driving Motilal Oswal to project a 20% upside on this new T&D listing
At the current price, shares of Atlanta Electricals are trading at 40.8 times and 26.6 times their estimated financial year 2027 and 2028 earnings and Motilal Oswal's price target values the stock at 32 times its March 2028 estimated Earnings Per Share (EPS), which is still a 55% discount to CG Power.
Market Trading Guide: Buy BSE and Atlanta Electricals on Thursday for gains up to 13%
Nifty rose sharply for a third session, driven by auto, IT and consumer stocks. Technical indicators signal bullish momentum, with analysts projecting upside towards 24,250 and support at 23,500, alongside breakout patterns strengthening sentiment.