Atul Auto rides high on reporting 11% rise in July sales
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Atul Auto is currently trading at Rs. 375.60, up by 8.45 points or 2.30% from its previous closing of Rs. 367.15 on the BSE.
The scrip opened at Rs. 365.05 and has touched a high and low of Rs. 383.10 and Rs. 363.40 respectively. So far 25349 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 433.95 on 20-Apr-2023 and a 52 week low of Rs. 167.90 on 16-Aug-2022.
Last one week high and low of the scrip stood at Rs. 383.10 and Rs. 358.90 respectively. The current market cap of the company is Rs. 978.60 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 2,110 units, with a rise of 11.05% for the month of July 2023 as compared to 1,900 units sold in July 2022. Besides, the company has sold 5,193 units in April to July 2023 as against 7,105 units in April to July 2022, showing a fall of 26.91%.
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.
