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Morning Call: Atlanta Ltd freezes:

Atlanta which operates on three verticals: Real Estate, Construction (most of the revenues comes from here) and Coal Mining/ Limestone mining at last hit the circuits on the news that the company has completed the work of water supply for Vena project near Nagpur at an estimated cost of Rs 15.75 Cr in the schedule time of 4-5 months. The company's share price is buzzing due to coal prices which is shooting over the roof. Also the buzzz in the cement companies would keep the demand for limestone high. Besides the company is doing lot of BOT projects and from the 3 rd quarter, the revenues are expected to be high. According to some Brokers and Operators, the target this time is very high and could be above Rs.1000 by March 2008. The stock is trading very cheap considering its expected earning in the future quarters--boom time for construction companies starts post monsoon.

I am recommending another scrip to Premium Group Members now. Premium members please keep the cash ready.....

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