02 Dec 2023

Atul Auto rides high on reporting rise in November sales

Atul Auto is currently trading at Rs. 616.20, up by 0.80 points or 0.13% from its previous closing of Rs. 615.40 on the BSE.

The scrip opened at Rs. 619.50 and has touched a high and low of Rs. 619.50 and Rs. 603.00 respectively. So far 10752 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 692.90 on 07-Nov-2023 and a 52 week low of Rs. 239.80 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 633.85 and Rs. 603.00 respectively. The current market cap of the company is Rs. 1708.23 crore.

The promoters holding in the company stood at 42.73%, while Institutions and Non-Institutions held 0.86% and 56.41% respectively.

Atul Auto has reported sales of 2,270 units, with a rise of 0.75% for the month of November 2023 as compared to 2,253 units sold in November 2022. However, the company has sold 15,795 units in April to November 2023 as against 15,914 units in April to November 2022, showing a fall of 0.75%.

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.