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In past four trading days, BSE smallcap index has rallied 5.3 per cent, as against 3.6 per cent rise in the S&P BSE Sensex.
SML Isuzu zoomed 30 per cent, while Atul Auto rallied 28 per cent in the last two days after the companies reported a sharp surge in total monthly sales for March
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
On October 4, the company's board approved preferential issue of Rs 115 crore worth of warrants to promoters and non-promoters of the company, including investor Vijay Kishanlal Kedia.
Shares of Atul Auto continued its northward movement and surged 12 per cent to hit 52-week high of Rs 289.55 apiece in Friday's intra-day trade
The board approved issuance of up to 5.81 mn convertible warrants at Rs 198 per share to promoters and non-promoters including ace investor Vijay Kedia