Atul Auto is currently trading at Rs 119.40, up by 0.70 points or 0.59% from its previous closing of Rs 118.70 on the BSE.
The scrip opened at Rs 117.05 and has touched a high and low of Rs 120.00 and Rs 116.55 respectively.
The BSE group 'T' stock of face value Rs 10 has touched a 52 week high of Rs 131.85 on 21-Apr-2011 and a 52 week low of Rs 76.64 on 18-Aug-2011.
Last one week high and low of the scrip stood at Rs. 120.00 and Rs. 113.00 respectively. The current market cap of the company is Rs. 86.82 crore.
The promoters holding in the company stood at 59.30% while Non-Institutions held 40.70% stake in the company.
Atul Auto has reported results for the second quarter ended September 30, 2011.
The company’s net profit for the quarter under review has surged by 73% at Rs 5.06 crore as compared to Rs 2.92 crore for the corresponding quarter of the previous year. The company’s sales increased by 54% in the second quarter of 2011-12 at Rs 82.65 crore against Rs 53.71 crore for the corresponding period in the last fiscal.
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.
