Atul Auto News and Updates

Name: Latest research reports of Atul Auto Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Atul Auto Ltd.
Rating: 5
Author: HDFC Securities

Keep track of all breaking news on Atul Auto from all sources in a single place.

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Atul Auto Ltd.

12 Sep 2017

476.90

0.81%

Greaves Cotton, Atul Auto to develop BS-VI power train solutions

Business Line

Engineering major Greaves Cotton and three-wheeler manufacturer Atul Auto today entered into an agreement to jointly develop power train solutions to meet BS VI norms. Under the agreement, the...

Atul Auto Ltd.'s price crossed above 30Day SMA today

Atul Auto Ltd.

16 Aug 2017

476.90

0.81%

Atul Auto (1QFY18): Gearing up. Maintain BUY

Buy: Atul Auto Ltd.

HDFC Securities

We value AAL at Rs 528 (17x FY19E earnings). Maintain BUY. Atul Autos (AAL) 1Q EBITDA at Rs 121mn (+46% YoY, +17% QoQ) was in line with estimates. EBITDA margin expanded to 10.4% (+148bps YoY, 49bps QoQ). Net revenue at Rs 1.16bn (+25% YoY, 12% QoQ) was led by 18% increase in volumes and 6% net ASP. APAT came in at Rs 78mn (+62% YoY, +26% QoQ).

Atul Auto Ltd. is trading below its 50 day SMA of 483.9

Atul Auto Ltd.

12 Jun 2017

476.90

0.81%

Atul Auto Ltd: Soft Performance Reported in FY17; Launch of ... (Jun 12, 2017)

Hold: Atul Auto Ltd.

Recommendation Target

Karvy

Soft Performance Reported in FY17; Launch of Electric 3Ws to Support the Growth Agenda: Revenue from operations for Atul Auto Ltd for Q4FY17 have declined to Rs. 1041 Mn Vs Rs. 1348 Mn in Q3FY17, marking a decline of 22.8% QoQ. The company was able to sell 8,385 vehicles in Q4FY17 compared to 10,521 vehicles in Q4FY16. PAT margin for the debt free, cash rich company for FY17 was recorded at 7.8% marking a drop of 109bps YoY.

Atul Auto Ltd.'s price crossed above 30Day SMA today

Atul Auto Ltd.

16 May 2017

476.90

0.81%

Atul Auto (4QFY17): Rural uptick holds the key. Maintain BUY

Buy: Atul Auto Ltd.

Target

HDFC Securities

ATUL Autos (AAL) 4Q EBITDA at Rs 103mn (-41% YoY, -45% QoQ), was in line with estimates. The EBITDA margin dropped 347bps to 9.9%. Net revenue at Rs 1.04bn (-20% YoY, -23% QoQ) was led by a 20% drop in volumes.

Atul Auto Ltd. is trading below its 50 day SMA of 483.9

Atul Auto Ltd.

27 Mar 2017

476.90

0.81%

Pick of the Week - Atul Auto Ltd.

Buy: Atul Auto Ltd.

Target

HDFC Securities

Buy Atul Auto between Rs. 453-415 for the target of Rs. 545.

Atul Auto Ltd. is trading below its 50 day SMA of 483.9

Atul Auto Ltd.

22 Feb 2017

476.90

0.81%

Atul Auto Ltd: Growth Trajectory Interrupted by Demonetisati... (Feb 22, 2017)

Hold: Atul Auto Ltd.

Karvy

Growth Trajectory Interrupted by Demonetisation in Q3FY17; Electric 3W and Global Markets Hold Key for Future: Revenue from operations for Atul Auto Ltd for Q3FY17 has declined to Rs. 1348Mn Vs Rs. 1517 Mn in Q3FY16. The lacklustre performance can be ascribed to theadverse impact of demonetisation on the market demand. The company was able to sell 11,043 vehicles in Q3FY17 compared to 12,609 vehicles in Q3FY16. PAT marginfor the debt free, cash rich company for 9MFY17 was recorded at 8.4% marking a drop of 72bps YoY.

Atul Auto Ltd. is trading below its 50 day SMA of 483.9

Atul Auto Ltd.

06 Feb 2017

476.90

0.81%

Atul Auto (3QFY17): Negatives priced in. Maintain BUY

Buy: Atul Auto Ltd.

Target

HDFC Securities

Atul Autos (AAL) 3QFY17 EBITDA at Rs 189mn (-25% YoY, -14% QoQ), was higher, owing to a lower-than-expected dip in gross margins. Net revenues at Rs 1.3bn (-12% YoY, -6% QoQ) were in line with estimates. APAT at Rs 122mn (-29% YoY, -54% QoQ) was higher, owing to an increase in other income.

Atul Auto Ltd. is trading below its 50 day SMA of 483.9

Is Atul Auto Ltd. worth buying?

173 Votes:

Buy 78.61%

Sell 8.67%

Hold 12.72%

31.24% Fall from 52W High

Atul Auto News and Updates

Keep track of all breaking news on Atul Auto from all sources in a single place.