Atul Auto is expecting double-digit growth for FY15. Even for FY16 the company is confident of double digit growth on back of new three-wheeler launch in both petrol and CNG versions in Q2 of FY16. The company anticipates a good response for this new launch from both the domestic as well as international market.
The company has procured a land near Ahmedabad in the state of Gujarat which will have capacity of production of 60,000 three-wheelers and the cost of this new facility would be around Rs 150 crore. The company is also looking to enter new export markets for the petrol three-wheeler.
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.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 9775.00 |
| TVS Motor Company | 3636.05 |
| Hero MotoCorp | 4850.80 |
| Eicher Motors | 7300.00 |
| Ather Energy | 1126.75 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: