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Atul Auto catches speed on reporting 34% rise in August sales 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. 6...
Atul Auto catches speed on reporting 34% rise in August sales
Atul Auto catches speed on reporting 34% rise in August sales
Source: Accord Fintech
1/09/2023 3:39:22 PM
Atul Auto rides high on reporting 11% rise in July sales 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. 3...
Atul Auto rides high on reporting 11% rise in July sales
Atul Auto rides high on reporting 11% rise in July sales
Source: Accord Fintech
1/08/2023 12:39:07 PM
Buy Atul Auto Ltd For Target Rs.150 - Motilal Oswal Financial Services Ltd * ATLP reported in-line revenue in 4QFY23, with a 17% QoQ decline in the Life Science Chemicals segment and a flat show in the Performance & Other Chemicals segment. Gross margin came in at 45.8% in 4QFY23, while EBITDAM declined 110bp QoQ to 12.5%. * The Life Science Chemicals segment’s contribution to EBIT improved to 84% in 4QFY23 (from 82% in 3QFY23), whereas the contribution of Performance & Other Chemicals to overall EBIT fell to 15% in 4QFY23 (from 16% in 3QFY23). *...
Buy Atul Auto Ltd For Target Rs.150 - Motilal Oswal Financial Services Ltd
Buy Atul Auto Ltd For Target Rs.150 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2/05/2023 11:43:58 AM
Atul Auto falls despite reporting 56% rise in February sales 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....
Atul Auto falls despite reporting 56% rise in February sales
Atul Auto falls despite reporting 56% rise in February sales
Source: Accord Fintech
2/03/2023 3:35:54 PM
Atul Auto moves up on reporting 28% rise in January sales Atul Auto is currently trading at Rs.332.55, up by 10.20 points or 3.16% from its previous closing of Rs. 322.35 on the BSE. The scrip opened at Rs. 326.95 and has touched a high and low of Rs. 334.60 and Rs. 322.65 respectively. So far 4514 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 369.05 on 19-Jan-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. 33...
Atul Auto moves up on reporting 28% rise in January sales
Atul Auto moves up on reporting 28% rise in January sales
Source: Accord Fintech
2/02/2023 11:14:45 AM
Auto stocks gain as industry expected to grow at high single-digit levels across segments in FY24 Selected auto stocks were trading higher on the BSE, as domestic credit ratings agency ICRA in its latest report has said the domestic automotive industry has seen a healthy revival in the current fiscal, aided by a recovery in economic activities and increased mobility, and is expected to grow at high single-digit levels across segments in FY24. It stated, category-wise, passenger and commercial vehicle volumes could see a growth of 6-9 per cent and 7-10 per cent, respectively, the two-wheel...
Auto stocks gain as industry expected to grow at high single-digit levels across segments in FY24
Auto stocks gain as industry expected to grow at high single-digit levels across segments in FY24
Source: Accord Fintech
19/01/2023 3:31:10 PM
Auto stocks rides high as domestic passenger vehicle sales surge 23% in Q3 Some stocks related to the auto industry were riding high as the automobile industry body Society of Indian Automobile Manufacturers has said passenger vehicle wholesales rose 23 per cent year-on-year in the December 2022 quarter of current financial year (Q3FY23), aided by robust demand in the festive period. It stated the total passenger vehicle dispatches from the companies to dealers in the third quarter rose to 9,34,955 units compared to 7,61,124 units in the same period of the previous ...
Auto stocks rides high as domestic passenger vehicle sales surge 23% in Q3
Auto stocks rides high as domestic passenger vehicle sales surge 23% in Q3
Source: Accord Fintech
16/01/2023 3:42:47 PM
Atul Auto : Improving volumes, positive earnings after a while; maintaining a Buy - Anand Rathi Shares and Stock Brokers Improving volumes, positive earnings after a while; maintaining a Buy For Atul Auto, consistently greater off-take of three wheelers and improving retail sentiment for three wheelers were highlights of the quarter. The company returned to generating profits after almost six quarters of losses. Demand for three-wheelers is expected to improve, aided by strong replacement demand. The launch of its 3W EVs is on track and augurs well for long-term growth. Accordingly, we maintain a Buy at a hi...
Atul Auto : Improving volumes, positive earnings after a while; maintaining a Buy - Anand Rathi Shares and Stock Brokers
Atul Auto : Improving volumes, positive earnings after a while; maintaining a Buy - Anand Rathi Shares and Stock Brokers
Source: Anand Rathi Shares and Stock Brokers Ltd
17/11/2022 10:24:49 AM
Neutral Atul Auto Ltd For Target Rs.8627 - Motilal Oswal Financial Services Ltd Weak quarter led by Performance and Other Chemicals segment * ATLP reported an in line revenue, with strong growth in the Life Science Chemicals segment, which grew by 18% QoQ and 65% YoY. Gross margin declined by 140bp QoQ, with EBITDAM down 100bp QoQ to 14.8%. * Contribution from the Life Sciences segment to EBIT improved significantly to 67% in 2QFY23 (from 38% in 1QFY23), while the same for the Performance and Other Chemicals vertical fell to 34% in 2Q from 34% in 1QFY23. * Given...
Neutral Atul Auto Ltd For Target Rs.8627 - Motilal Oswal Financial Services Ltd
Neutral Atul Auto Ltd For Target Rs.8627 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
28/10/2022 12:36:57 PM
Atul Auto surges on reporting 20.15% rise in September sales Atul Auto is currently trading at Rs. 188.90, up by 0.95 points or 0.51% from its previous closing of Rs. 187.95 on the BSE. The scrip opened at Rs. 191.50 and has touched a high and low of Rs. 191.55 and Rs. 184.35 respectively. So far 5922 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 270.00 on 04-Nov-2021 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. 19...
Atul Auto surges on reporting 20.15% rise in September sales
Atul Auto surges on reporting 20.15% rise in September sales
Source: Accord Fintech
3/10/2022 11:58:57 AM
Buy Atul Auto Ltd For Target Rs.270 - Sushil Finance Result Highlights • During Q1 FY23, the company sold 5,205 vehicles as against 4,562 units sold in Q4 FY22 and 1,739 units in Q1 FY22. Further, during July, 2022, the company sold 1,900 units as against 1,305 units (+46%, YoY) in July, 2021 On standalone basis, the turnover stood at Rs.96.8 cr as against Rs.32.2 cr in Q1 FY22 and Rs.85.9 cr in Q4 FY22. The loss at the EBITDA level stood at Rs.1.2 cr as against 3.1 cr in Q4 FY22 and Rs.6.4 cr in Q1 FY22 During the quarter, the co...
Buy Atul Auto Ltd For Target Rs.270 - Sushil Finance
Buy Atul Auto Ltd For Target Rs.270 - Sushil Finance
Source: Sushil Finance Ltd
16/08/2022 3:18:39 PM
Atul Auto moves up on reporting 46% rise in July sales Atul Auto is currently trading at Rs. 178.05, up by 0.90 points or 0.51% from its previous closing of Rs. 177.15 on the BSE. The scrip opened at Rs. 174.55 and has touched a high and low of Rs. 178.05 and Rs. 174.55 respectively. So far 252 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 270.00 on 04-Nov-2021 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. 182...
Atul Auto moves up on reporting 46% rise in July sales
Atul Auto moves up on reporting 46% rise in July sales
Source: Accord Fintech
2/08/2022 10:35:18 AM
Atul Auto reports over 2-fold jump in June sales Atul Auto has reported sale of 1,818 units, with a jump of over 2-fold for the month of June 2022 as compared to 724 units sold in June 2021. The company’s total sales of April-June (YTD) stood at 5,205 units, increased by around 3-fold as compared to 1,739 units 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 ...
Atul Auto reports over 2-fold jump in June sales
Atul Auto reports over 2-fold jump in June sales
Source: Accord Fintech
1/07/2022 12:34:31 PM
Buy Atul Auto Ltd For Target Rs.350 - Sushil Finance Atul Auto Ltd. (AAL) recently announced its performance for the quarter ended March 31, 2022. The performance was below our estimates and thus, we have revised our estimates for FY23 downwards. Following are the key highlights: Result Highlights • During FY22, the company sold 16,061 vehicles as against 16,295 units sold in FY21. During the quarter, AAL sold 4,562 units as against 4,993 units in Q4 FY21 and 5,168 units in Q3 FY22. During April, 2022, the company sold 1,593 units as...
Buy Atul Auto Ltd For Target Rs.350 - Sushil Finance
Buy Atul Auto Ltd For Target Rs.350 - Sushil Finance
Source: Sushil Finance Ltd
2/06/2022 11:48:54 AM
Buy Atul Auto Ltd For Target Rs.210 - ICICI Direct Light to emerge at end of tunnel, unlock beneficiary… About the stock: Atul Auto (AAL) is a prominent 3-W manufacturer based out of Gujarat with broad-based presence across segments and fuel types. * Fourth largest 3-W player with FY21 domestic market share at 7.1% (10.3% in cargo segment and 5.1% in passenger segment) * History of healthy capital efficiency as well as positive cash flow generation Q3FY22 Results: The company posted dismal Q3FY22 results.  Revenues rose...
Buy Atul Auto Ltd For Target Rs.210 - ICICI Direct
Buy Atul Auto Ltd For Target Rs.210 - ICICI Direct
Source: ICICI Direct
16/04/2022 10:12:22 AM
Buy Atul Auto Ltd For Target Rs.210 - ICICI Direct Light to emerge at end of tunnel, unlock beneficiary… About the stock: Atul Auto (AAL) is a prominent 3-W manufacturer based out of Gujarat with broad-based presence across segments and fuel types. * Fourth largest 3-W player with FY21 domestic market share at 7.1% (10.3% in cargo segment and 5.1% in passenger segment) * History of healthy capital efficiency as well as positive cash flow generation   Q3FY22 Results: The company posted dismal Q3FY22 results. * Re...
Buy Atul Auto Ltd For Target Rs.210 - ICICI Direct
Buy Atul Auto Ltd For Target Rs.210 - ICICI Direct
Source: ICICI Direct
14/04/2022 11:35:33 AM
Buy Atul Auto Ltd For Target Rs.305 - ICICI Direct Light to emerge at end of tunnel, unlock beneficiary… About the stock: Atul Auto (AAL) is a prominent 3-W manufacturer based out of Gujarat with broad-based presence across segments and fuel types. Fourth largest 3-W player with FY21 domestic market share at 7.1% (10.3% in cargo segment and 5.1% in passenger segment) History of healthy capital efficiency as well as positive cash flow generation Q3FY22 Results: The company posted dismal Q3FY22 results. Revenues rose 14% Q...
Buy Atul Auto Ltd For Target Rs.305 - ICICI Direct
Buy Atul Auto Ltd For Target Rs.305 - ICICI Direct
Source: ICICI Direct
8/04/2022 2:55:34 PM
Buy Atul Auto Ltd For Target Rs.305 - Emkay Global Weak quarter; expect robust volume recovery ahead; maintain Buy * Atul’s Q2FY22 loss of Rs45mn came in above our estimate of Rs19mn loss due to the lag in passing on commodity inflation to customers. The company reported revenues of Rs820mn, a negative 31% CAGR compared with Q2FY20. We expect a turnaround to start from H2FY22E on higher volumes. * We see a strong rebound in 3W demand in the coming quarters in both the passenger and cargo segments, aided by the opening of education...
Buy Atul Auto Ltd For Target Rs.305 - Emkay Global
Buy Atul Auto Ltd For Target Rs.305 - Emkay Global
Source: Emkay Global Financial Services Ltd
17/11/2021 11:34:01 AM
Diwali Muhurat Pick 2021 : Atul Auto Ltd By Sushil Financial New product launches and adaptation to the modern age technologies to mark the survival in the sphere of mobility: Atul Auto Ltd. (AAL) has consistently been making required investments in R&D to match pace with the changes in the mobility space - from Diesel / Petrol to LPG / CNG to e-Rickshaw.   The complete range of product portfolio and customized offerings with a strong brand value to benefit in the long run: AAL is a key player in the Indian 3W industry, commanding...
Diwali Muhurat Pick 2021 : Atul Auto Ltd By Sushil Financial
Diwali Muhurat Pick 2021 : Atul Auto Ltd By Sushil Financial
Source: Sushil Finance Ltd
3/11/2021 4:39:13 PM
Buy Atul Auto Ltd For Target Rs. 300 - Emkay Global Weak quarter but expect volume improvement ahead; maintain Buy * The Q1FY22 loss of Rs62mn came in below our estimate of a Rs86mn loss. Losses continued due to lower scale. Atul reported revenues of Rs322mn, a negative 53% CAGR compared with Q1FY20. We expect a turnaround from Q2FY22E on higher volumes. * We see a strong rebound in 3W demand ahead in both passenger and cargo segments, aided by the easing of lockdowns, better macros and replacement demand. EV penetration is also likely t...
Buy Atul Auto Ltd For Target Rs. 300 - Emkay Global
Buy Atul Auto Ltd For Target Rs. 300 - Emkay Global
Source: Emkay Global Financial Services Ltd
10/08/2021 10:49:24 AM
Atul Auto tumbles on reporting consolidated net loss of Rs 5 crore in Q4 Atul Auto is currently trading at Rs. 185.10, down by 5.35 points or 2.81% from its previous closing of Rs. 190.45 on the BSE. The scrip opened at Rs. 186.20 and has touched a high and low of Rs. 189.00 and Rs. 182.00 respectively. So far 27678 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 218.35 on 01-Mar-2021 and a 52 week low of Rs. 151.25 on 05-Nov-2020. Last one week high and low of the scrip stood at Rs....
Atul Auto tumbles on reporting consolidated net loss of Rs 5 crore in Q4
Atul Auto tumbles on reporting consolidated net loss of Rs 5 crore in Q4
Source: Accord Fintech
28/06/2021 3:28:02 PM
Atul Auto Q4 net profit up 18.94% at Rs 169.18 cr The company reported standalone net profit of Rs 169.18 crore for the quarter ended March 31, 2021 as compared to Rs 142.24 crore in the same period last year, registering a year-on-year growth of 18.94 per cent. Net revenue of the company rose moderately by 17.01 per cent at Rs 1,078.01 crore in January-March quarter of this fiscal as against Rs 921.31 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 13.05 per cent to Rs 835.83 cro...
Atul Auto Q4 net profit up 18.94% at Rs 169.18 cr
Atul Auto Q4 net profit up 18.94% at Rs 169.18 cr
Source: Dion Global Solutions Ltd
30/04/2021 3:45:06 PM