Atul Auto hits 3-year high on foray into EV space; zooms 29% in one week

Atul Greentech, a subsidiary of Atul Auto, on January 11, 2023 announced its foray into the electric space with the unveiling of two electric three wheelers

Shares of Atul Auto rallied 7 per cent to hit over three-year high of Rs 362.70 on the BSE in Thursday’s intra-day trade.

In the past one week, the stock of the commercial vehicles company has zoomed 29 per cent after it announced its foray into the electric vehicle (EV) space. It was trading at its highest level since April 2019. In comparison, the S&P BSE Sensex was down 0.18 per cent at 60,938 at 11:42 AM.

Atul Greentech Private Limited (AGPL), a subsidiary of Atul Auto, on