Atul Auto falls despite reporting 56% rise in February sales
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Atul Auto is currently trading at Rs. 347.00, down by 7.05 points or 1.99% from its previous closing of Rs. 354.05 on the BSE.
The scrip opened at Rs. 358.45 and has touched a high and low of Rs. 358.45 and Rs. 345.85 respectively. So far 17568 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 397.70 on 17-Feb-2023 and a 52 week low of Rs. 145.10 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 369.10 and Rs. 340.00 respectively. The current market cap of the company is Rs. 765.60 crore.
The promoters holding in the company stood at 52.70%, while Institutions and Non-Institutions held 1.36% and 45.94% respectively.
Atul Auto has reported sales of 2,125 units, with a rise of 55.68% for the month of February 2023 as compared to 1,365 units sold in February 2022. The company’s total sales for April-February 2023 period stood at 22,395 units, reporting 53.49% growth as compared to 14,591 units sold in the same period last 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
