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India Investment Partners acquires 1.45% stake in Atul Auto: Report

08 Nov 2013 Evaluate

India Investment Partners has reportedly acquired 1.6 lakh shares or 1.45% stake in Atul Auto for an average price of Rs 265, through open market route valuing the transaction at Rs 4.24 crore.

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.

Peers
Company Name CMP
Bajaj Auto 10350.00
TVS Motor Company 4200.00
Hero MotoCorp 5152.40
Eicher Motors 7210.00
OLA Electric Mobilit 33.16
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