Shares of Atul Auto ended 0.52 per cent up at Rs 459.95 apiece on BSE
The e-rickshaw market size in India is estimated at 100,000 units, typically priced in the range of Rs 70,000-80,000 per unit
The stock dipped 8% to Rs 484 after the company's sales more than halved at 1,242 units in month of April 2016.