Atul Auto has rallied as much as 20% to Rs 163 in opening trades after the company said its board will consider bonus issue and dividend for its equity shareholders.
Rajot-based three wheeler manufacturer Atul Auto Limited’s net profit surged by 23 per cent to Rs 3.09 crore for the third quarter ended December 2012 as against Rs 2.51 crore in the same quarter last fiscal.
Three-wheeler major, Atul Auto Limited, is targeting to achieve 40 per cent growth in sale during current financial year. Company’s sales in third quarter grew by 49 per cent, the company officials informed.
Atul Auto Limited, the leading three wheeler maker from Rajkot, has seen significant growth in its sales and net profit in the second quarter of the current financial year.
Atul Auto Limited, the three wheeler auto rickshaw major from Rajkot, is now considering changing its plan of setting up the production unit of its four wheeler light commercial vehicle (LCV) project from Ahmedabad to another place as the company is
Atul Auto has rallied 8% to Rs 108 in early noon deals in otherwise weak market, after the company fixed September 5 as the record date for its Rights issue.
The government's move to divest its stake in beleaguered Scooters India (SIL) is running into rough weather, with another possible bidder Atul Auto today saying it will pull out of the race if the process takes long.
Spiralling land prices in and around Ahmedabad seems to have delayed the expansion project of Rajkot-based three wheeler major Atul Auto Limited as the company so far has not been able to acquire land for its proposed four-wheeler light commercial vehicle
Spiralling land prices in and around Ahmedabad seems to have delayed the expansion project of Rajkot-based three wheeler major Atul Auto Limited as the company so far has not been able to acquire land for its proposed four-wheeler light commercial vehicle
Three-wheeler maker Atul Auto today said it will foray into the four-wheeler commercial vehicle segment in the future and has already started scouting for land near Ahmedabad to set up a dedicated facility for it.
Rajkot-based three-wheeler auto major, Atul Auto Limited is scouting for land outside Rajkot to set up its upcoming four-wheeler light commercial vehicle (LCV) plant.
With the Cabinet approving the sale of government's stake in the loss-making Scooters India Ltd, Rajkot-based three-wheeler maker Atul Auto today said it is keen to acquire the PSU.
Rajkot-based Atul Auto, a dominant player in the three-wheeler market, today said it is planning to foray into the agriculture machines business through acquisition of a Gujarat-based company.
Atul Auto has soared 14% at Rs 131 after the company recorded a 23% jump in total sales at 5,927 vehicles during the January - March 2011 (Q4) quarter on a q-o-q basis.
Led by Bajaj Auto Chairman Rahul Bajaj, the automobile industry has praised Finance Minister Pranab Mukherjee's decision not to raise excise duty on vehicles in the Union Budget today.
Rajkot-based three-wheeler major Atul Auto Limited has registered net profits of Rs 2.50 crore for the third quarter ended December 2010 against Rs 1.12 crore in the corresponding period last year, showing a growth of more than 120 per cent.
Rajkot-based Atul Auto Ltd and Punjab National Bank (PNB) today signed a memorandum of understanding (MoU) to provide auto financing to all products of Atul Auto Ltd across the country.
