Atlantaa, a small-cap inventory with a market capitalization of ₹450 crore, hit one other 20% higher circuit on Friday, October 3, climbing to a brand new 1-year excessive of ₹55.65 apiece. This marked a three-day successful streak and the second day of 20% higher circuit, leading to a cumulative acquire of 44%.
The rally on this multibagger small-cap was triggered after the corporate entered into an settlement with IRCON Worldwide for a subcontract associated to the development of the Bhandara–Gadchiroli Entry Managed Expressway in Maharashtra.
The challenge, awarded by the Maharashtra State Street Improvement Company (MSRDC), is on EPC Mode – PACKAGE BG-03, masking 34.786 km from km 34+750 Sarandi Bk, Tq. Lakhandur, Dist. Bhandara to km 69+536 Kinhi, Tq. Bramhapuri, Dist. Chandrapur.
In a regulatory submitting on September 30, the corporate mentioned the subcontract is valued at ₹2,485 crore. The order is over 5 occasions of its market capitalization and 36.45 occasions its FY25 consolidated income of ₹68 crore. This sharp distinction explains the sturdy investor curiosity and the inventory’s latest surge.
Latest rally drives 740% acquire in 5 years
The latest run-up has lifted the inventory 99% in simply six months, 290% in two years, and a powerful 743% over the previous 5 years. It has additionally contributed to a 104% restoration from its 52-week low. After a troublesome section between Could and August 2025, the inventory regained momentum in September, delivering a 29.22% acquire, its second-biggest month-to-month efficiency thus far this yr.
In September final yr, the inventory touched a 52-week excessive of ₹65.71 apiece. At present ranges, it stays down 15.30% from that peak.
Though it has staged a robust rebound from latest lows, the inventory remains to be buying and selling at a steep 81% low cost to its all-time excessive of ₹289.20, recorded in 2007.
Again in 2018, the inventory misplaced greater than 80% of its worth. Nevertheless, it recouped a part of these losses within the following years, delivering multibagger returns. The yr 2021 stood out with a 115.61% acquire, whereas in CY24 the inventory closed with one other huge surge of 101.40%.
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