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Birla Mutual Fund buys stake in Atul Auto

24 Nov 2014 Evaluate

Birla Mutual Fund has acquired 200,000 equity shares of Atul Auto at Rs 405 per share through a bulk deal. Meanwhile, Vijay Kishanlal Kedia sold 175,000 shares of the company at Rs 405.

Recently, Kedia Securities has sold 3.21 lakh shares of Atul Auto through the open market route. The shares were sold on an average price of Rs 398.07 valuing the transaction to Rs 12.78 crore.

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.

 

Peers
Company Name CMP
Bajaj Auto 10371.00
TVS Motor Company 4280.00
Hero MotoCorp 5107.00
Eicher Motors 7250.00
OLA Electric Mobilit 35.14
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