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ATUL AUTO Gains 6%; BSE AUTO Index Up 0.4%
Tue, 25 Jun 9:33

ATUL AUTO Gains 6%; BSE AUTO Index Up 0.4%Image source: phive2015/www.istockphoto.com

ATUL AUTO share price has zoomed 6% and is presently trading at Rs 572.0.

Meanwhile, the BSE AUTO index is at 57,706.3 (up 0.4%).

Among the top gainers in the BSE AUTO index today are Cummins India (up 2.6%) and Ashok Leyland (up 1.6%).

TUBE INVESTMENTS OF INDIA (down 2.2%) and Eicher Motor (down 0.2%) are among the top losers today.

Over the last one year, ATUL AUTO has moved up from Rs 351.8 to Rs 572.0, registering a gain of Rs 220.3 (up 62.6%).

On the other hand, the BSE AUTO index has moved up from 34,139.4 to 57,706.3, registering a gain of 69.0% during the last 12 months.

The top gainers among the BSE AUTO index stocks during this same period were Cummins India (up 123.4%), Motherson Sumi (up 121.6%) and M&M (up 112.2%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 77,532.2 (up 0.2%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 0.9%) and HDFC Bank (up 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 23,578.6 (up 0.2%). HDFC Bank and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,532.2, registering a gain of 14,009.0 points (up 22.1%).

ATUL AUTO Financial Update...

ATUL AUTO net profit grew 46.1% YoY to Rs 49 million for the quarter ended March 2024, compared to a profit of Rs 33 million a year ago. Net sales rose 6.6% to Rs 1,601 million during the period as against Rs 1,503 million in January-March 2023.

For the year ended March 2023, ATUL AUTO reported 112.3% increase in net profit to Rs 31 million compared to net loss of Rs 255 million during FY22. Revenue of the company grew 62.7% to Rs 5,131 million during FY23.

The current Price to earnings ratio of ATUL AUTO, based on rolling 12 month earnings, stands at 224.5.


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