Atul Auto falls after reporting muted sales growth in June

Atul Auto fell 1.24% to Rs 489 at 14:15 IST on BSE after the company reported 0.27% rise in total sales to 3,339 units in June 2016 over June 2015.

The announcement was made during market hours today, 1 July 2016.

Meanwhile, the S&P BSE Sensex was up 190.23 points or 0.7% to 27,189.95.

On BSE, so far 6,782 shares were traded in the counter, compared with an average volume of 5,302 shares in the past one quarter. The stock hit a high of Rs 501.20 and a low of Rs 487 so far during the day. The stock hit a 52-week high of Rs 581 on 6 January 2016. The stock hit a 52-week low of Rs 370.50 on 28 August 2015. The stock had underperformed the market over the past 30 days till 30 June 2016, gaining 0.43% compared with Sensex's 1.07% gains. The stock also underperformed the market in past one quarter, falling 5.01% as against Sensex's 6.85% rise.

The small-cap company has an equity capital of Rs 10.97 crore. Face value per share is Rs 5.

Atul Auto's net profit rose 25.72% to Rs 10.85 crore on 6.01% rise in net sales to Rs 129.07 crore in Q4 March 2016 over Q4 March 2015.

Atul Auto manufactures three wheeler auto vehicles.

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