Atul Auto
edged higher on bourses on Tuesday’s intraday trade after entering into
an agreement with Greaves Cotton. The company has inked a pact with
Greaves Cotton for power train solutions, reported a leading business
daily.
The stock of Atul Auto gained 3.82% at Rs 493.90 per share on BSE attracting a total traded quantity of 0.29 lakh shares. The stock has a return on equity of 29.65% for 3 years and has been maintaining a dividend payout of 26.88%. The stock on yearly basis has given 13.82% returns and has underperformed BSE Small cap index and outperformed BSE Auto index.
Atul Auto Limited is a manufacturer of three-wheeled commercial vehicles in the state of Gujarat. The company is a three-wheeler manufacturer of auto rickshaws, pick-up vans and chassis of passenger vehicles. It offers a range of diesel and compressed natural gas.
Meanwhile, BSE Auto index gained 0.24% at 24,265 level, majorly contributed by Mahindra and Mahindra and Tata Motors..
The stock of Atul Auto gained 3.82% at Rs 493.90 per share on BSE attracting a total traded quantity of 0.29 lakh shares. The stock has a return on equity of 29.65% for 3 years and has been maintaining a dividend payout of 26.88%. The stock on yearly basis has given 13.82% returns and has underperformed BSE Small cap index and outperformed BSE Auto index.
Atul Auto Limited is a manufacturer of three-wheeled commercial vehicles in the state of Gujarat. The company is a three-wheeler manufacturer of auto rickshaws, pick-up vans and chassis of passenger vehicles. It offers a range of diesel and compressed natural gas.
Meanwhile, BSE Auto index gained 0.24% at 24,265 level, majorly contributed by Mahindra and Mahindra and Tata Motors..
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