NSE: ATULAUTO - 21 Oct, 3:30 PM IST CMP 478.20 INR
Atul Auto Ltd already a multibagger stock has always been darling of investors; it has
given tremendous return to its investors. Atul Auto’s shares jumped more
than 1,000 percent during 2011 to 2016 (up to 1382 percent), now shareholders
are excited to see how fast it reaches four digit marks. Atul Auto Ltd
has the unique privilege of being called a "Potential 100 bagger
stock" in the study of Motilal Oswal's 19th Wealth Creation. Only
Seven stocks in this study were hand-picked and conferred with this title.
However there were some other stocks that have been conferred with
"Potential 100 bagger Stocks" namely DCB Bank, Tata Elxsi, Aarti
Drugs, Shilpa Medicare, Suven Lifescience and Granules India.

About Atul Auto Ltd
Atul Auto Limited is three wheeler manufacturing company situated in Rajkot, Gujarat,India. The origins of the company in the 1970s, when Jagjivanbhai Chandra trying to change the bike to make transportation to meet the needs of rural areas of Saurashtra and appropriate golf cars engines scrapped by the Maharaja of Jamnagar, resulting in its first vehicles ‘Chhakada’. The company was incorporated in 1986, and production began in 1992. Read more at https://en.wikipedia.org/wiki/Atul_Auto
Magnificent track record;
Shares of Atul auto Vs. BSE Index (SENSEX)

*CLICK IMAGE to enlarge
Numbers
to watch (As on 22/10/2016)
·
MARKET CAP (RS CR) ;
1,082.67
·
P/E; 23.90
·
BOOK VALUE (RS) ; 68.31
·
DIV (%) ; 105.00%
·
INDUSTRY P/E : 23.13
·
EPS (TTM) : 20.00
·
PRICE/BOOK : 7.00
·
DIV YIELD.(%) : 1.10%
·
FACE VALUE (RS) : 5.00
*Source: moneycontrol see latest numbers >>>
Atul Auto: Multiple triggers for growth potential;
1: Atul Auto is a Debt Fee Company.
2:
Its Promoter Holding is more than 50% and most investment funds are having
major share of Atul Auto, which indicates its multibagger potential.
Shareholding Pattern of Atul Auto Ltd
(in
%)
|
Sep-16
|
Jun-16
|
Mar-16
|
Promoter
|
52.70
|
52.70
|
52.70
|
Public
|
47.30
|
47.30
|
47.30
|
3:
Atul Auto with PE of 24 is keeping pace with Industry P/E 23 since everyone is
bullish on it so it exceeds the industry P/E ratio indicating good chances of
growing varied.
4:
Atul Auto The company management is confident to record double-digit growth in
the 2017 financial year.
5:
If you see the dividend payment patterns its consistently growing year-to-year,
signifying that the company is posting profit and is a very good sign in terms
of growth.
6.
Atul Auto’s trajectory of growth has been impressive with an ever increasing
volume.
7:
If you see the weekly charts it has been nicely consolidated and will
definitely be a good result in the future.
Experts’
advice on Atul Auto;
- Hold Atul Auto; target of Rs 505: ICICI Direct
- Accumulate Atul Auto; target of Rs 561: CD Equisearch
- Buy Atul Auto; target of Rs 537: Prabhudas Lilladher
Searches
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Missed Buses;
Our Blockbuster recommendations;
Scrips
|
Reco date
|
Reco price
|
High
since reco
|
|
16th Jan, 2016
|
53
|
143
|
168%
|
|
25th Mar, 2016
|
273
|
420
|
54%
|
|
11th Dec, 2015
|
46
|
29
|
59%
|
|
16th Jan, 2016
|
35
|
53
|
51%
|
It is already a multibagger.
ReplyDeleteDo you believe it will become 100 bagger from here i.e. each share of Atul Auto will reach the price of Rs. 47,800 in long term? Hope you will answer to my query
ReplyDeleteGood article by admin and nice question by Madhu Sudan Acharya ji.
ReplyDelete