Attempting a Comeback...: Atul Auto Ltd has reported its operating revenues of Rs. 1,435 mn in Q2FY17 Vs Rs. 1,429 mn in Q2FY16 and Rs. 930 mn in Q1FY17. The company has sold 11761vehicles in Q2FY17 as against 11925 vehicles in Q2FY16 and 7606 vehicles in Q1FY17. We lower down our revenue estimates from earlier estimates and expect the company to register volume growth of 6.0% in FY17E to sell 46,527 vehiclesand around 10.0% volume growth in FY18E to sell 51,179 vehicles.