The smallcap stock has given multibagger returns of 110% over the last 12 months versus Nifty50 which has given just over 4% returns during this period according to Trendlyne data.
Hot stocks today: Benchmark indices started on a positive note today but later turned negative after logging a fall in the previous session. Tata Motors, Titan Company, Adani Ports, Indigo Paints among hot stocks on April 20, 2023.
Shares of Atul Auto hit a fresh 52-week high today amid a rally in the broader market. Strong sales in March led to a rise in the stock of the three wheeler maker in the last four sessions. It has zoomed 29.49% percent in last four sessions. Atul Auto logged a 114.56 percent rise in March sales to 3,154 units on April 1 from 1,470 units in the year-ago period. For the fiscal 2022-23, sales climbed 59 percent to 25,549 vehicles from 16,061 units in the previous year.
Atul Auto stock rose 5.95 per cent to Rs 211 against the previous close of Rs 199.15 on BSE. The stock opened with a gain of 2.96 per cent at Rs 205.05 amid a rally in the broader market.