Atul Auto catches speed on reporting 34% rise in August sales
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Atul Auto is currently trading at Rs. 597.05, up by 5.00 points or 0.84% from its previous closing of Rs. 592.05 on the BSE.
The scrip opened at Rs. 599.00 and has touched a high and low of Rs. 624.75 and Rs. 579.90 respectively. So far 91417 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 627.40 on 31-Aug-2023 and a 52 week low of Rs. 179.75 on 29-Sep-2022.
Last one week high and low of the scrip stood at Rs. 627.40 and Rs. 478.25 respectively. The current market cap of the company is Rs. 1557.46 crore.
The promoters holding in the company stood at 46.46%, while Institutions and Non-Institutions held 1.19% and 52.36% respectively.
Atul Auto has reported sales of 2,610 units, with a rise of 33.85% for the month of August 2023 as compared to 1,950 units sold in August 2022. Besides, the company has sold 7,803 units in April to August 2023 as against 9,055 units in April to August 2022, showing a fall of 13.83%.
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.
