The company has been picked as one of the suppliers by Convergence Energy Services

Atul Auto shares rise after ace investor Vijay Kedia raises holding

Atul Auto is trading at an all-time high, which demonstrates the strong upward momentum of the stock. After testing the neckline of a Rounding Bottom pattern, the stock experienced an upward bounce. The breakout occurred on October 10, 2022.

Hot Stocks | Atul Auto, Action Construction Equipment, KPIT Technologies can give at least 15% return in short term, here’s why

Emkay Global Financial is bullish on Atul Auto has recommended buy rating on the stock with a target price of Rs 385 in its research report dated February 05, 2023.

Buy Atul Auto; target of Rs 385: Emkay Global Financial

Atul Auto reports consolidated net profit of Rs 3.85 crore in the December 2022 quarter

ICICI Direct recommended hold rating on Atul Auto with a target price of Rs 360 in its research report dated January 20, 2023.

Hold Atul Auto; target of Rs 360: ICICI Direct

Atul Greentech, a subsidiary of Atul Auto, on January 11, 2023 announced its foray into the electric space with the unveiling of two electric three wheelers

Atul Auto hits 3-year high on foray into EV space; zooms 29% in one week

Atul Greentech Private Limited, a subsidiary of Atul Auto Limited announced its foray into the electric space with the unveiling of two electric three wheelers

Atul Auto’s subsidiary could prove to be India’s Tesla in 3Ws: Vijay Kedia

Atul Auto Director Vijay Kedia said: “With our new electric additions, we aim to be technology leaders and provide intelligent, data-driven last-mile connectivity. Our advanced processes and infrastructure is the backbone of our business and empowers us to create and deliver world-class products.”

Atul Auto forays into EV space, launches two electric three-wheelers

The auto maker said its subsidiary, Atul Greentech, has unveiled two electric three-wheeler models, Atul Mobili & Atul Energie, at the Auto Expo 2023 in New Delhi.

Atul Auto subsidiary introduces electric 3-wheelers at Auto Expo 2023

Emkay Global Financial is bullish on Atul Auto has recommended buy rating on the stock with a target price of Rs 320 in its research report dated November 13, 2022.

Buy Atul Auto; target of Rs 320: Emkay Global Financial

Atul Auto reports consolidated net loss of Rs 0.12 crore in the September 2022 quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Atul Auto Limited is a manufacturer of three-wheeled commercial vehicles in the state of Gujarat. The Company is a three-wheeler manufacturer of auto rickshaws, pick-up vans and chassis of passenger vehicles.

Atul Auto Ltd