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Atlantaa hits 5% upper circuit after securing ₹500 Cr project in Mumbai

News by Aliceblue News Desk

16 Dec 2025

Atlantaa hits 5% upper circuit after securing ₹500 Cr project in Mumbai

Introduction

Leading real estate developer executed a redevelopment agreement for Borivali (East) residential premises, covering 4,496 sq.m., offering 1.75 lakh sq.ft. saleable area, with estimated GDV of ₹500 crore.

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Also Read: KEC International jumps 5% after bagging ₹1,150 crore orders in T&D and civil businesses

Share price movement of Atlantaa

On December 16, 2025, Atlantaa Limited opened at ₹41.80, up 0.77% from its previous close of ₹41.48. The stock reached a high of ₹43.55 (4.99%) and a low of ₹41.80 (0.00%). By 2:48 PM, it traded at ₹43.55, a 4.99% increase, with a market cap of ₹354.93 crore.

Atlantaa Secures Borivali Redevelopment Project Deal

Atlantaa Limited executed a Development Agreement with Highway Milton Co-operative Housing Society for redevelopment of residential premises in Borivali (East), Mumbai. The project spans 4,496 sq. meters of land.

The redevelopment will deliver approximately 1.75 lakh sq. ft. of saleable carpet area. The project has a projected Gross Development Value of ₹500 crore. It is located along the Western Express Highway.

The project offers metro connectivity and premium residential positioning. It aligns with Atlantaa Limited’s focus on strategic redevelopment, modern lifestyle features, and sustainable planning in Mumbai’s western suburbs.

Stock performance of Atlantaa for Period of 1 week, 6 months, and 1 year

Atlantaa Limited delivered a 1.48% return over the past week, it gained 16.2% in the past six months. The stock fell 25.3% over the past year.

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Also Read: SEPC jumps 14% after securing ₹3,300 crore mining consortium project

Shareholding pattern of Atlantaa

ParticularsSep 2025Jun 2025Mar 2025
Promoter74.70%74.70%74.70%
FII0.00%0.00%0.00%
DII0%0%0%
Public25.30%25.30%25.30%

About Atlantaa

Atlantaa Limited (NSE: ATLANTAA) is a 48-year-old infrastructure and real estate company delivering urban projects, EPC works, and residential developments, focused on innovation, quality, and community-oriented, future-ready developments in Mumbai.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Atlantaa Limited share price going up today?

A: Atlantaa Limited share price is rising after executing a Development Agreement for Borivali (East) redevelopment covering 4,496 sq. meters of land.

Q: What does Atlantaa Limited specialize in?

A: Atlantaa Limited specializes in infrastructure and real estate development, delivering urban projects, EPC works, and residential developments across Mumbai Metropolitan Region.

Q: What is the 52-week high and low of Atlantaa Limited stock?

A: The 52-week high of Atlantaa Limited stock is ₹73.17, and the 52-week low is ₹27.50.

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