Company Profile

ATUL AUTO LTD.

NSE : ATULAUTOBSE : 531795ISIN CODE : INE951D01028Industry : Automobile Two & Three WheelersHouse : Private
BSE210.55-0.35 (-0.17 % )
PREV CLOSE (Rs.) 210.90
OPEN PRICE (Rs.) 213.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 9795
TODAY'S LOW / HIGH (Rs.)209.40 213.95
52 WK LOW / HIGH (Rs.)162.6 270
NSE210.10 -0.35 (-0.17 % )
PREV CLOSE(Rs.) 210.45
OPEN PRICE (Rs.) 211.80
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 74281
TODAY'S LOW / HIGH(Rs.) 209.05 212.65
52 WK LOW / HIGH (Rs.)164.2 268.25

Company News

Date Heading Details
02-Dec-2021 Atul Auto informs about monthly business updates <p align="justify">Atul Auto has informed about the vehicle sales performance of the Company for the month of November 2021 as enclosed.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p>
01-Dec-2021 Atul Auto reports 16% fall in sales in November <p align="justify">Atul Auto has reported sale of 1,344 units, with a fall of 16.05% for the month of November 2021 as compared to 1,601 units sold in November 2020. Total sales from April to November (2021-2022) stood at 9,816 units as against 9,574 units sold during the same period of 2020-21.&nbsp; <br></p><p 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.<br></p>
20-Nov-2021 Atul Auto informs about newspaper publication <p align="justify">Atul Auto has informed that pursuant to Regulation 30, 33 and 47 read with Part A (12) of Schedule III of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 and in continuation to letter dated November 13, 2021 with regard to outcome of board meeting held on November 13, 2021 and submission of unaudited standalone and consolidated financial results for the quarter and half year ended on September 30, 2021 with limited review report, the Company enclosed an extract of the financial results published in The Financial Express (English and Gujarati Edition) for the information of members.</p><p align="justify">The above information is a part of company's filings submitted to BSE. </p>
01-Nov-2021 Atul Auto reports 7% fall in sales in October <p align="justify">Atul Auto has reported sale of 2,141 units, with a fall of 7.36% for the month of October 2021 as compared to 2,311 units sold in October 2020. Total sales from April to October (2021-2022) stood at 8,472 units as against 7,973 units sold during the same period of 2020-21.<br></p><p 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.<br></p>
30-Sep-2021 Commencement Of Commercial Production At Bhayla (Dist. Ahmedabad) Plant In terms of regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of the Schedule III to the SEBI Listing Regulations, 2015, we hereby inform that the commercial production at Bhayla (Ta. Bavla, Dist. Ahmedabad) Plant of the Company for manufacturing three wheeler automobiles has been commenced on September 27, 2021.
29-Sep-2021 Atul Auto commences commercial production at Bhayla plant <p align="justify">Atul Auto has commenced commercial production at Bhayla (Ta. Bavla, Dist. Ahmedabad) Plant of the company for manufacturing three wheeler automobiles on September 27, 2021.<br></p><p 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.<br></p>
29-Sep-2021 Atul Auto moves up on commencing commercial production at Bhayla plant <p align="justify">Atul Auto is currently trading at Rs. 221.10, up by 1.80 points or 0.82% from its previous closing of Rs. 219.30 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 223.70 and has touched a high and low of Rs. 225.00 and Rs. 220.75 respectively. So far 33729 shares were traded on the counter.<br></p><p align="justify">The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 237.00 on 13-Jul-2021 and a 52 week low of Rs. 151.25 on 05-Nov-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 225.60 and Rs. 194.30 respectively. The current market cap of the company is Rs. 489.55 crore.<br></p><p align="justify">The promoters holding in the company stood at 52.70%, while Institutions and Non-Institutions held 2.40% and 44.90% respectively.<br></p><p align="justify">Atul Auto has commenced commercial production at Bhayla (Ta. Bavla, Dist. Ahmedabad) Plant of the company for manufacturing three wheeler automobiles on September 27, 2021.<br></p><p 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. <br></p>
03-Sep-2021 Atul Auto completes acquisition of 70% stake in Khushbu Auto Finance <p align="justify">Atul Auto has completed the acquisition of 70% equity share capital of Khushbu Auto Finance (KAFL) whereby making it Wholly Owned Subsidiary on September 01, 2021. Before the acquisition, the company was holding 1,18,20,000 (30%) equity shares of KAFL. The company has now acquired remaining 2,75,80,000 (70%) equity shares of KAFL. After this acquisition, 100% shares are held by the company.</p><p align="justify">The acquisition is made with an object to ensure the desired finance support to the retail customers of vehicles of the company. With 100% control over KAFL, it will become a captive finance company. The sufficient availability of finance to the retail customers would give positive effect in sales of vehicles of the company.</p><p 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.<br></p>
03-Sep-2021 Atul Auto moves up on completing acquisition of 70% stake in Khushbu Auto Finance <p align="justify">Atul Auto is currently trading at Rs. 200.20, up by 1.50 points or 0.75% from its previous closing of Rs. 198.70 on the BSE.</p><p align="justify">The scrip opened at Rs. 199.10 and has touched a high and low of Rs. 203.80 and Rs. 199.10 respectively. So far 7118 shares were traded on the counter.</p><p align="justify">The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 237.00 on 13-Jul-2021 and a 52 week low of Rs. 151.25 on 05-Nov-2020.</p><p align="justify">Last one week high and low of the scrip stood at Rs. 206.85 and Rs. 196.05 respectively. The current market cap of the company is Rs. 440.29 crore.</p><p align="justify">The promoters holding in the company stood at 52.70%, while Institutions and Non-Institutions held 2.40% and 44.90% respectively.</p><p align="justify">Atul Auto has completed the acquisition of 70% equity share capital of Khushbu Auto Finance (KAFL) whereby making it Wholly Owned Subsidiary on September 01, 2021. Before the acquisition, the company was holding 1,18,20,000 (30%) equity shares of KAFL. The company has now acquired remaining 2,75,80,000 (70%) equity shares of KAFL. After this acquisition, 100% shares are held by the company.</p><p align="justify">The acquisition is made with an object to ensure the desired finance support to the retail customers of vehicles of the company. With 100% control over KAFL, it will become a captive finance company. The sufficient availability of finance to the retail customers would give positive effect in sales of vehicles of the company.</p><p 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><p align="justify"><br></p>
03-Sep-2021 Bharti Airtel, Infosys and Tata Power to see some action today <p align="justify"><strong>Bharti Airtel</strong> has successfully conducted India's first cloud gaming session in a 5G environment. The demonstration was conducted in Manesar (Gurgaon) as part of the ongoing 5G trials using spectrum allotted by the Department of Telecom (Government of India). For the 5G cloud gaming demonstration, the company partnered with two of India's leading gamers - Mortal (Naman Mathur) and Mamba (Salman Ahmad).</p><p align="justify"><strong>Infosys</strong> has launched Infosys Springboard to accelerate progress on its ESG goal to expand digital reskilling initiatives to 10 million plus people by 2025. As part of Infosys CSR, Infosys Springboard provides a curriculum-rich virtual platform that delivers corporate-grade learning experiences, on any device, with closer educator-learner collaboration for students from Class 6 to lifelong learners.</p><p align="justify"><strong>Tata Power Company's</strong> wholly owned subsidiary -- TP Saurya (TPSL) has received Letter of Award (LoA) from Rewa Ultra Mega Solar (RUMSL) to build 330 MW (Unit-1 :160 MW + Unit-2:170 MW) of solar project in Neemuch Solar Park of Madhya Pradesh (MP). This project has been awarded through Tariff-based competitive bidding followed bye Reverse auction. </p><p align="justify"><strong>Atul Auto</strong> has completed the acquisition of 70% equity share capital of Khushbu Auto Finance (KAFL) whereby making it Wholly Owned Subsidiary on September 01, 2021. Before the acquisition, the company was holding 30% equity share capital of KAFL. The acquisition is made with an object to ensure the desired finance support to the retail customers of vehicles of the Company. With 100% control over KAFL, it will become a captive finance company. </p><p align="justify"><strong>Ahluwalia Contracts</strong> has secured new order aggregating to Rs 229 crore approximately for Construction of affordable housing project at New Town - Kolkata (WB) awarded from West Bengal Housing Infrastructure Development Corporation (WBHIDL) The total order inflow during the FY 2021-22 stands at Rs 229 crore.</p><p align="justify"><strong>Vakrangee</strong> has renewed its agreement with the Indian Bank to provide BC banking and end to end Financial Inclusion (FI) services for ‘Pan India' at Vakrangee Kendra outlets. Vakrangee has emerged as one of the leading Financial Inclusion player with more than 13,000 Banking BC points and 4th Largest ATM operator in Rural India with more than 5,400+ ATMs.</p><p align="justify"><strong>VLS Finance</strong> has acquired one lakh equity shares of Rs 10 each of VLS Securities, a subsidiary of the company, from VLS Capital, a constituent of Promoter Group of the Company on September 01, 2021, for an outlay of about Rs 4.93 crore. The said acquisition was at arm's length with the aforesaid related party, since the consideration was arrived at on the basis of Independent Valuer's report. Besides, it is not a material transaction as per applicable regulations and materiality policy of the Company.<br></p>