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Atul Auto gains on reporting 23.43% jump in September sales

01 Oct 2013 Evaluate

Atul Auto is currently trading at Rs. 188.10, up by 7.20 points or 3.98% from its previous closing of Rs. 180.90 on the BSE.

The scrip opened at Rs. 185.50 and has touched a high and low of Rs. 190.00 and Rs. 180.55 respectively. So far 6,829 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 226.90 on 08-Feb-2013 and a 52 week low of Rs. 108.00 on 01-Oct-2012.

Last one week high and low of the scrip stood at Rs. 185.00 and Rs. 176.00 respectively. The current market cap of the company is Rs. 206 crore.

The promoters holding in the company stood at 56.62% while Institutions and Non-Institutions held 0.04% and 43.34% respectively.Atul Auto has registered 23.43% growth in its September 2013 sales. The company has sold 3,366 units in the month against 2,727 units sold in September 2012. The total sales from April- September 2014 were 17,144 vehicles, a rise of 18.90% as compared to 14,419 vehicles sold in the same period in 2012.

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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