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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 9796.20
TVS Motor Company 3924.15
Hero MotoCorp 4994.90
Eicher Motors 6983.70
OLA Electric Mobilit 36.00
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