Atul Auto is in the Auto – 2 & 3 Wheelers sector. The current market capitalisation stands at Rs 795.02 crore.
It is a 10 face value stock with EPS of 21 and profit earning ratio of about 23. It is currently trading near all time high of 739. It has not seen back on itself in its life. It is trading at good strength with stong view as it is going to split on Sept 15, 2014. Splitting of a stock is seen as an attempt to increase the liquidity of the stock. So it has a long run to go now.
The positive sides of ATUL AUTO are
– Virtually debt free.
– Has good consistent profit growth of 129.29% over 5 years