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Atul Auto surges on reporting 6.90% sales growth in October 2015

02 Nov 2015 Evaluate

Atul Auto is currently trading at Rs. 498.60, up by 10.30 points or 2.11% from its previous closing of Rs. 488.30 on the BSE.

The scrip opened at Rs. 500.00 and has touched a high and low of Rs. 511.60 and Rs. 490.40 respectively. So far 32788 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. 330.00 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 511.60 and Rs. 467.80 respectively. The current market cap of the company is Rs. 1087.72 crore.

The promoters holding in the company stood at 52.70% while Institutions and Non-Institutions held 16.34% and 30.96% respectively.

Atul Auto has reported 6.90% growth in sales for the month of October 2015 at 4,599 units as compared to 4,302 units sold in October 2014. The company’s total sales from April to October this year rose by 6.46% and stood at 25,362 units as compared to 23,823 units in the same period last year.

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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