Home About Us Good News Bad News Contact Us
Company In News Learning Center Personal Finance
  News Details
Good News
Bhagwati Auto Reports Good Results
No. of Trading Holidays comes down to 11
Gems and Jewellery Exports Rise 55%
Citibank Repays USD 20 bn to US Govt
November Core Sectors Growth Impressive
Bad News
Nifty May at Discount
3G Bids will Hurt Telcos
Political Instability is a worry
Inflation may Cross double digits by March
FII Investment in December may not cross October figure
  Atul Auto spurts

Rajkot based Atul Auto is a leading manufacturer of three wheelers and has a good market share. Today the stock, after lying low for a long time, has spurted by 20 per cent. Fundamentally also the company is good, and had reported an EPS of Rs 5 in the 9- month period ended December 09.

The stock is currently locked in circuit, and at the current price of 60, it has a market cap of only Rs 35 cr, and a book value of 51.The company had paid a dividend of 5 % last year and there are good chances that this may go up. A good stock to buy at declines.