Atul Limited zooms on robust Q3 results. The stock is up by 8.63% at Rs.120.85 at 2:30 PM on Monday. The stock had hit an intraday high of Rs.133 and a low of Rs.115.
The company had reported 23.69% increase in sales and increase of 130.5% in net profit compared to the previous year. Whereas, the sales was higher by 19.13% and net profit higher by whopping 309.66% compared to the previous quarter.
The company´s EPS for 9 months works out to Rs.29.9 and the stock is trading at a meagre PE of 4.