SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Atul Auto to invest Rs 200 crore for foray into LCV segment

13 Jun 2011 Evaluate

Atul Auto, a dominant player in the three-wheeler market is planning to invest about Rs 200 crore on a foray into the light commercial vehicle (LCV) segment. The products are likely to hit the road by December 2012. The company will generate the said investment through internal accruals and debt. Initially, the company plans to manufacture around 24,000 units of 600-1,000 tonne light commercial vehicles annually.

The company is now actively looking for a foreign partner for technology collaboration. The company will finalize a suitable partner within two months.

Recently, the company had announced that it is planning to foray into the agriculture machines business. In this regard, the company is in talk with Gujarat-based company for the acquisition and it is expected to be completed by end-June this year.

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.

Atul Auto Share Price

475.35 2.50 (0.53%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9551.40
Hero MotoCorp 5032.95
TVS Motor 3500.45
Eicher Motors 7088.25
Ather Energy 898.80
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:

×