Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Grameen eStore partners with Tata Motors, Renault India, Mahindra & Mahindra, Ashok Leyland, Royal Enfield, Tafe Tractors, and Atul Auto

Grameen eStore targets to sell 3,000 vehicles worth over ₹200 crore

Atul Auto gained 1.42% to Rs 171 after the company’s total sales surged 151.1% to 1,818 units in June 2022 as against 724 units in June 2021.

Atul Auto rises as June total sales jumps 151% YoY

France-based global automotive supplier Valeo, electric three-wheeler manufacturer Atul Greentech and swappable battery service provider Honda Honda Powerpack Energy have signed a memorandum of understanding (MoU) for electrification of three-wheelers, the company announced on Tuesday.

Atul Auto arm | Honda : Valeo, Atul Auto arm & Honda join hands for three-wheelers electrification in India

Aarti Industries, Atul Auto, BEML, Gail India, General Insurance, Glenmark Pharma, Godrej Industries, JSW Steel, Jindal Steel, Lemon Tree, PB Fintech, Oil India, Jubilant Industries, Nykaa, and Ruchi Soya are some of the companies that will announce their earnings today

Stocks to Watch: BPCL, Hindalco, Piramal Enterprises, Tata Power, Nykaa

The stock closed 12 per cent higher at Rs 206.45 against the previous close of Rs 184.05 on BSE.

Here’s why Atul Auto shares zoomed over 16% today

Atul Auto’s subsidiary Atul Greentech (AGPL) would launch the e-vehicle after successful completion of field trials.

Atul Auto surges 16% after tie-up with Valeo, Honda Power Pack Energy India

Buzzing stocks: HCL Tech, Nykaa, Infosys, Dr Reddy’s, PNC Infratech, Tata Communications, Crisil, Nestle, Cyient, Rallis, RBL Bank, Alphalogic, Atul Auto, Everest Kanto, Fino Payments and Suryoday SFB

Stocks that will see action today

The vehicle with a swapping battery will include Valeo’s integrated compact electric powertrain system.

Atul Auto zooms~12% on partnership with Valeo and Honda Power Pack Energy India for EV

ICICI Direct is bullish on Atul Auto recommended buy rating on the stock with a target price of Rs 210 in its research report dated April 05, 2022.

Buy Atul Auto; target of Rs 210: ICICI Direct

Atul Auto Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 376.87 Crore) operating in Auto sector.

Buy Atul Auto, target price Rs 305: Emkay Global

Atul Auto Standalone December 2021 Net Sales at Rs 93.77 crore, down 7.81% Y-o-Y

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

Atul Auto Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Grameen eStore targets to sell 3,000 vehicles worth over ₹200 crore

Atul Auto rises as June total sales jumps 151% YoY

Atul Auto arm | Honda : Valeo, Atul Auto arm & Honda join hands for three-wheelers electrification in India

Stocks to Watch: BPCL, Hindalco, Piramal Enterprises, Tata Power, Nykaa

Here’s why Atul Auto shares zoomed over 16% today

Atul Auto surges 16% after tie-up with Valeo, Honda Power Pack Energy India

Stocks that will see action today

Atul Auto Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Grameen eStore targets to sell 3,000 vehicles worth over ₹200 crore

Atul Auto rises as June total sales jumps 151% YoY

Atul Auto arm | Honda : Valeo, Atul Auto arm & Honda join hands for three-wheelers electrification in India

Stocks to Watch: BPCL, Hindalco, Piramal Enterprises, Tata Power, Nykaa

Here’s why Atul Auto shares zoomed over 16% today

Atul Auto surges 16% after tie-up with Valeo, Honda Power Pack Energy India

Stocks that will see action today

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock