
The rally came as the company reported a 17.5% year-on-year increase in domestic sales for March, driven by strong demand for its internal combustion engine (IC) three-wheelers.
According to the company’s filing, Atul Auto sold 3,391 three-wheelers in the domestic market in March 2025, compared to 2,886 units a year earlier.
The growth was led by a 34.26% increase in IC engine three-wheeler sales, which rose to 2,708 units from 2,017 in March 2024. However, electric three-wheeler (L3) sales declined 42.94% year-on-year to 473 units, while electric L5 sales surged 425% to 210 units.
Including exports, total sales stood at 3,693 units, marking an 18.06% increase over March 2024. For the full fiscal year 2024-25, Atul Auto’s total sales, including exports, reached 34,012 units, reflecting a 30.62% rise from the previous fiscal.
Also read: March Auto Sales: M&M sells record tractors in FY25, expects momentum to continue in Q1 FY26
Despite a 14.77% decline over the last three months, the stock has surged 190.95% over the past three years, highlighting its long-term strength.
The stock opened 2.72% higher and hit an intraday high of ₹511.15, reflecting a 15.8%% rise from its previous close of ₹441.40 on the BSE today. Over the past week, Atul Auto’s stock has gained 6.31%, outperforming the Sensex, which declined 2.28% in the same period.
First Published: Apr 1, 2025 1:50 PM IST
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