Announced Tue, 18 Aug · 17:59 IST
Atlanta Electricals receives Rs 193.92 crore LOI from APTRANSCO
ATLANTAELE · price
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Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹1771.00
prior close
₹1809.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.9-2.8-2.9-4.6+4.6————————
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AI summary
Atlanta Electricals has received a Letter of Intent from APTRANSCO (Transmission Corporation of Andhra Pradesh) for Rs 193.92 crore, including GST. The order covers design, manufacture, testing and supply of 12 units of 160 MVA, 220/132 kV Auto Transformers. Management called it a significant addition to the order book and said it strengthens the company's presence in the power transmission segment.
Likely market impact
Substantial government order adds to order book visibility and reinforces positioning in the power transmission equipment segment.