Atul Auto November auto sales decline 14%

India Infoline News Service | Mumbai | December 01, 2016 15:52 IST

The company’s total sales for the April-November 2016 stood at 27,854 units, declined by 5% as compared to 29,367 units in the same period last year.

Atul Auto
Atul Auto has reported a sale of 3,450 units, showing a fall of 14% for the month of November 2016 as compared to 4,005 units sold in November 2015.

The company’s total sales for the April-November 2016 stood at 27,854 units, declined by 5% as compared to 29,367 units in the same period last year.

Stock Commentary:

Atul Auto Ltd is currently trading at Rs 440, down by Rs 6.4 or 1.43% from its previous closing of Rs 446.4 on the BSE.

The scrip opened at Rs 451 and has touched a high and low of Rs 451 and Rs 435 respectively. So far 27149 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 979.54 crore.

The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 581 on 06-Jan-2016 and a 52 week low of Rs 392 on 10-Aug-2016. Last one week high and low of the scrip stood at Rs 453.6 and Rs 431.05 respectively.

The promoters holding in the company stood at 52.7 % while Institutions and Non-Institutions held 15.32 % and 31.98 % respectively.

The stock is currently trading below its 200 DMA.

***Note: This is a NSE Chart

 

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