Atul Auto strengthens on reporting 12% jump in May sales Jun-02-2014 10:58 Hrs IST

Atul Auto is currently trading at Rs. 389.95, up by 5.45 points or 1.42% from its previous closing of Rs. 384.50 on the BSE. The scrip opened at Rs. 390.00 and has touched a high and low of Rs. 390.00 and Rs. 386.25 respectively. So far 382 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 411.80 on 23-Apr-2014 and a 52 week low of Rs. 145.00 on 28-Aug-2013. Last one week high and low of the scrip stood at Rs. 400.00 and Rs. 378.65 respectively. The current market cap of the company is Rs. 427.78 crore. The promoters holding in the company stood at 55.07% while Institutions and Non-Institutions held 1.46% and 43.47% respectively. Atul Auto has registered 11.61% growth in its May 2014 sales. The company has sold 2,808 units in the month against 2,516 units sold in May 2013. Total sales from April 2014 to May 2014 were 5,211 vehicles, a rise of 9.34%, as compared to 4,766 vehicles sold in the same period a year ago. 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.