SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Atul Auto lines up 200-cr investment for LCV foray

13 Jun 2011 Evaluate

Atul Auto plans to invest around Rs. 200 crore on a foray into the light commercial vehicle (LCV) segment and the products are likely to hit the road by December next year. The auto major has already started scouting for land near Ahmedabad.

The company is looking for around 100 acres of land near Ahmedabad to set up a facility to manufacture LCVs. The investment will be generated through internal accruals and debt. Initially, the company plans to manufacture around 24,000 units of 600-1,000 tonne light commercial vehicles annually. Its four-wheeler products will hit the road by December, 2012. The company is now scouting for technology. crackcrack

Atul Auto Share Price

466.30 0.20 (0.04%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9777.15
Hero MotoCorp 5229.25
TVS Motor 3743.60
Eicher Motors 7189.40
Ather Energy 850.65
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×