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Atul Auto shares: Why three-wheeler stock gained 29% in four sessions

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. ....

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