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Atul Auto rides high on reporting 7% growth in sales in November

Atul Auto is currently trading at Rs. 257.50, up by 9.20 points or 3.71% from its previous closing of Rs. 248.30 on the BSE.

The scrip opened at Rs. 253.85 and has touched a high and low of Rs. 262.40 and Rs. 245.00 respectively. So far 10226 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 372.40 on 01-Apr-2019 and a 52 week low of Rs. 198.00 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 262.40 and Rs. 220.00 respectively. The current market cap of the company is Rs. 565.04 crore.

The promoters holding in the company stood at 52.70%, while Institutions and Non-Institutions held 18.62% and 28.69% respectively.

Atul Auto has reported sale of 4,297 units, with a rise of 7.34% for the month of November 2019 as compared to 4,003 units sold in November 2018. Total sales from April to November (2019-20) stood at 32,241 units as against 33,435 units sold during the same period of 2018-19.

Atul Auto is a leading manufacturer of 3-Wheeled Commercial Vehicles in the state of Gujarat, presently engaged in the manufacturing of Three Wheelers like 6-seater Auto Rickshaws, Pick-Up Vans and Chassis of Passenger Vehicles.

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