Atul Auto is currently trading at Rs. 412.00, up by 6.40 points or 1.58 % from its previous closing of Rs. 405.60 on the BSE.
The scrip opened at Rs. 410.40 and has touched a high and low of Rs. 424.90 and Rs. 408.80 respectively. So far 25462 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 722.00 on 19-Jan-2015 and a 52 week low of Rs. 329.85 on 17-Oct-2014.
Last one week high and low of the scrip stood at Rs. 434.30 and Rs. 370.50 respectively. The current market cap of the company is Rs. 908.45 crore.
The promoters holding in the company stood at 52.70 % while Institutions and Non-Institutions held 16.39 % and 30.91 % respectively.
Atul Auto (AAL), a Rajkot-based leading manufacturer of 3-Wheeler commercial and passenger vehicles, has entered into an agreement with Federal Bank for dealer financing arrangement. Under this arrangement, the bank will finance 100% of the invoice amount with NIL margin to registered dealers of AAL for purchases made from the company. This tie-up is aimed at benefiting all the 200-plus dealers of AAL spread across India.
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.
