Atul Auto hits upper circuit following December sales figures

The stock was locked in the upper circuit limit of 20% on the BSE after the company posted a strong 50 per cent growth in sales numbers for December 2018.

Shares of Atul Auto hit an upper circuit limit of 20 per cent at Rs 348 apiece on the BSE on Tuesday after the company posted a strong 50 per cent growth in sales numbers for December 2018.

The three- wheeler manufacturer sold 4,332 units in December against 2,890 units in the same month last year.

The company’s total vehicle sales during December quarter grew 39 per cent at 13,808 units, as compared to 9,922 units sold in the previous year quarter.

Total sales for the period April to December was up 21.4 per cent at 37,767 units