Atul Auto gained 1.01% to Rs 418.90 at 11:20 IST on BSE, with the stock extending previous session's gains after reporting strong sales in January 2018.
Meanwhile, the S&P BSE Sensex was down 534.39 points or 1.49% at 35,372.27. The S&P BSE Small-Cap declined 730.58 points or 3.9% at 17,986.82, underperforming the Sensex.
More than usual volumes were witnessed on the counter. On the BSE, 11,703 shares were traded on the counter so far as against the average daily volumes of 6,781 shares in the past one quarter. The stock had hit a high of Rs 433.15 and a low of Rs 415 so far during the day. The stock had hit a 52-week high of Rs 511.90 on 18 September 2017 and a 52-week low of Rs 389.85 on 30 June 2017.
The small-cap company has equity capital of Rs 10.97 crore. Face value per share is Rs 5.
The stock had risen 1.69% to Rs 414.70 yesterday, 1 February 2018, after the announcement of sales figures during market hours yesterday, 1 February 2018. Atul Auto reported 70.29% jump in sales to 4,000 units in January 2018 over January 2017.
Atul Auto will announce its Q3 results on 10 February 2018. Atul Auto's net profit rose 23.5% to Rs 16.97 crore on 11.4% rise in net sales to Rs 158.90 crore in Q2 September 2017 over Q2 September 2016.
Atul Auto manufactures three wheeler auto vehicles.
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