ATUL AUTO LTD.
NSE : ATULAUTOBSE : 531795ISIN
CODE : INE951D01028Industry : Automobile Two & Three WheelersHouse
: Private
BSE572.0010.35 (+1.84 % )
PREV CLOSE (Rs.) 561.65
OPEN PRICE (Rs.) 569.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 23527
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE572.50 12 (+2.14 % )
PREV CLOSE(Rs.) 560.50
OPEN PRICE (Rs.) 568.80
BID PRICE (QTY) 572.50 (161 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 125871
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 02-Apr-2024 | Atul Auto reports marginal fall in March sales | <p style="text-align: justify;">Atul Auto has reported sales of 3,128 units, with a fall of 0.82% for the month of March 2024 as compared to 3,154 units sold in March 2023. The company has sold 26,039 units in April 2023 to March 2024 as against 25,549 units in April 2022 to March 2023, showing a rise of 1.92%.</p><p style="text-align: justify;">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. </p><div style="text-align: justify;"><br></div> |
| 01-Apr-2024 | Atul Auto informs about monthly update | <div>Atul Auto has informed that the vehicle sales performance figures of the Company for the month of March 2024 is enclosed.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 02-Feb-2024 | Hero MotoCorp, Mahanagar Gas and Maruti Suzuki India to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Hero MotoCorp </span>has sold 433,598 lakh units in January 2024. This translates into a robust 22% growth over the corresponding month (January 2023), when it had sold 356,690 units. Domestic sales grew 20 per cent to 4,20,934 units in the previous month as against 3,49,437 units in FY23. In the overall sales, motorcycle sales increased 21 per cent to 3,02,056 vehicles compared to 3,33,638 units in January 2023.</p><p style="text-align: justify;"><span style="font-weight: bold;">Mahanagar Gas</span> has acquired 100% equity shares of Unison Enviro (UEPL) on February 01, 2024 through purchase of shares from its existing shareholders at a cash consideration of Rs 562.09 crore. Accordingly, UEPL has become Wholly-Owned Subsidiary of the Company with effect from February 01, 2024. </p><p style="text-align: justify;"><span style="font-weight: bold;">Maruti Suzuki India </span>has reported a 15.55 per cent rise in total sales at 199,364 units in January 2024, as compared to 172,535 units in the same month a year ago. Total domestic sales (PV+LCV+OEM), were at 175,443 units in January 2024 as against 155,142 units in the year-ago period, up 13.09 per cent. Overall domestic passenger vehicle (PV) sales stood at 166,802 units in January 2024 as compared to 147,348 units in January 2023, a growth of 13.20 per cent. Sales of entry-level mini cars, comprising the Alto and S-Presso, were lower at 15,849 units as compared to 25,446 units in the same month last year. </p><p style="text-align: justify;"><span style="font-weight: bold;">Escorts Kubota's </span>Construction Equipment Segment has sold 525 machines in January 2024, registering a growth of 16.2% as against 452 machines sold in January 2023. With continued steady progress on ongoing projects, the company expects the construction equipment industry's current growth momentum to persist. </p><p style="text-align: justify;"><span style="font-weight: bold;">Lupin </span>has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Dronedarone Tablets USP, 400 mg, to market a generic equivalent of Multaq Tablets, 400 mg of Sanofi-Aventis U.S. LLC. The product will be manufactured at Lupin's Goa facility in India.</p><p style="text-align: justify;"><span style="font-weight: bold;">Atul Auto </span>has reported sales of 2,313 units, with a rise of 4.90% for the month of January 2024 as compared to 2,205 units sold in January 2023. The company has sold 20,611 units in April to January 2024 as against 20,270 units in April to January 2023, showing a rise of 1.68%.</p><p style="text-align: justify;"><span style="font-weight: bold;">Dabur India</span> has received approval for an investment of Rs 135 crore for setting up greenfield facility in south India. The unit will manufacture a range of Dabur's Ayurvedic Healthcare, personal care and home care products like Dabur Honey, Dabur Red Paste, and Odonil air fresheners. The board of Directors of the company at their meeting held on January 31, 2024 has approved the same. </p> |
| 01-Feb-2024 | Atul Auto reports 5% rise in January sales | <p style="text-align: justify;">Atul Auto has reported sales of 2,313 units, with a rise of 4.90% for the month of January 2024 as compared to 2,205 units sold in January 2023. The company has sold 20,611 units in April to January 2024 as against 20,270 units in April to January 2023, showing a rise of 1.68%.</p><p style="text-align: justify;">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. </p><div style="text-align: justify;"><br></div> |
| 31-Jan-2024 | Atul Auto informs about outcome of board meeting | <div style="text-align: justify;">Atul Auto has informed that the Board of Directors of the company at its meeting held today Wednesday, January 31, 2024 decided as under: Considered and approved Standalone and Consolidated Unaudited Financial Results for the quarter and nine months ended on December 31, 2023 and Re-appointed Hardik Hudda & Associates (Membership No. A39621, CP No. 14697) Practicing Company Secretaries, Ahmedabad as Secretarial Auditors to conduct the secretarial audit of the Company for FY 2023-24. Brief Profile of Hardik Hudda & Associates is attached. In this respect, the company has enclosed the following documents: Standalone and Consolidated Unaudited Financial Results for the quarter and nine months ended on December 31, 2023; Limited Review Report of the Statutory Auditors of the Company - Maharishi & Co. on the above Result. The meeting of Board of Directors commenced at 12:20 IST and ended at 13:50 IST.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 11-Jan-2024 | Maruti Suzuki India, Ahasolar Technologies and Prestige Estates Projects to see some action today | <p style="text-align: justify;"><span style="font-weight: bold;">Maruti Suzuki India</span> has inked Non biding Memorandum of Understanding with the State of Gujarat for construction of a new automobile production plant. This new plant in Gujarat is aimed to start operation in FY2028-29. In the future, the annual production capacity is expected to become 1 million units with total investment amount of Rs 350 billion (excluding land acquisition cost). The details of location and the models to be produced will be shared in due course. </p><p style="text-align: justify;"><span style="font-weight: bold;">Ahasolar Technologies </span>has received a work order for Professional Services for development of Educational and Training content from Ernst and Young LLP. The service is priced at around Rs 60 lakh. Earlier, the company had received a Work Order for Consultancy Services for PMC Services & Site Supervision Services from Hindustan Petroleum Corporation (HPCL).</p><p style="text-align: justify;"><span style="font-weight: bold;">Prestige Estates Projects </span>has reported more than two-fold jump in sale bookings to Rs 5,326.1 crore for the third quarter of this fiscal (Q3 FY24) driven by strong demand for residential properties. During the quarter, Prestige Estates sold 5.46 million square feet area with an average realisation of Rs 9,762 per square feet (for apartments /villas).</p><p style="text-align: justify;"><span style="font-weight: bold;">Kalyani Steels </span>has been declared as Successful Bidder for Acquisition of Assets of Kamineni Steel & Power India (In Liquidation), pursuant to the invitation for Sale of Assets through e-auction platform, under Insolvency and Bankruptcy Code, 2016. The cash consideration of Rs 450 crore to be paid for acquisition of assets on or before April 7, 2024. The acquisition of assets is to be completed on or before May 7, 2024. </p><p style="text-align: justify;"><span style="font-weight: bold;">MAS Financial Services</span>' consolidated Assets Under Management (AUM) crossed the milestone of Rs 10,000 crore during the quarter Q3FY24 and stood at around Rs 10,225 crore as on December 31, 2023, registering a strong growth of 27% YoY. The company continues to have adequate liquidity of around Rs 800 crore as on December 31, 2023.</p><p style="text-align: justify;"><span style="font-weight: bold;">Atul's </span>wholly-owned subsidiary -- Atul Products has received required approval / licences and commenced commercial operations of 300 tpd caustic and 50 MW power plant situated at Atul site.</p><p style="text-align: justify;"><span style="font-weight: bold;">Ashapuri Gold Ornament </span>has received orders for supply of Antique Gold Jewellery. The size of the orders is around Rs 41 crore. Further, the orders are expected to be executed within two months.</p> |
| 09-Jan-2024 | Atul Auto informs about certificate | <p style="text-align: justify;">Atul Auto has informed that based on the confirmation received from Link Intime India, Registrar and Share Transfer Agent (RTA) (SEBI Registration No. : INR000004058) of the Company, it has certified for the quarter ended December 31, 2023 that the securities received for dematerialization have been immediately mutilated and cancelled after due verification and the name of the depository has been substituted in its records as the registered owner within the prescribed timelines from receipt of certificate of security and the details are furnished to the stock exchange and depositories. Further, it has certified that the securities which were dematerialized are listed on the Stock Exchange(s) where the earlier issued securities are listed.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 01-Jan-2024 | Atul Auto reports 16% rise in December sales | <p style="text-align: justify;">Atul Auto has reported sales of 2,503 units, with a rise of 16.36% for the month of December 2023 as compared to 2,151 units sold in December 2022. The company has sold 18,298 units in April to December 2023 as against 18,065 units in April to December 2022, showing a rise of 1.29%.</p><p style="text-align: justify;">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.</p> |
| 01-Dec-2023 | Atul Auto reports marginal rise in November sales | <p style="text-align: justify;">Atul Auto has reported sales of 2,270 units, with a rise of 0.75% for the month of November 2023 as compared to 2,253 units sold in November 2022. However, the company has sold 15,795 units in April to November 2023 as against 15,914 units in April to November 2022, showing a fall of 0.75%.</p><p style="text-align: justify;">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.</p> |
| 01-Dec-2023 | Atul Auto rides high on reporting rise in November sales | <p style="text-align: justify;">Atul Auto is currently trading at Rs. 616.20, up by 0.80 points or 0.13% from its previous closing of Rs. 615.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 619.50 and has touched a high and low of Rs. 619.50 and Rs. 603.00 respectively. So far 10752 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 692.90 on 07-Nov-2023 and a 52 week low of Rs. 239.80 on 26-Dec-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 633.85 and Rs. 603.00 respectively. The current market cap of the company is Rs. 1708.23 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 42.73%, while Institutions and Non-Institutions held 0.86% and 56.41% respectively.</p><p style="text-align: justify;">Atul Auto has reported sales of 2,270 units, with a rise of 0.75% for the month of November 2023 as compared to 2,253 units sold in November 2022. However, the company has sold 15,795 units in April to November 2023 as against 15,914 units in April to November 2022, showing a fall of 0.75%.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
