Atul Auto's Uttaranchal facility commences production in full swing

Atul Auto Ltd has announced about the following:

The Company's plant at Uttaranchal has commenced in full swing in this quarter and the benefits will accrue fully in subsequent quarters. The Company's product in North zone is well accepted.

The Company is also coming out with several variants of its vehicles such as CNG / LPG and Rear Engine vehicle in immediate future. This will enhance the product profile of the Company and will held in garnering larger market share.

The Company's subsidiary Khushbu Auto Finance Ltd engaged in financing the vehicles manufactured by the Company has clocked gross receipt of Rs 371 lakhs compared to Rs 282 lakhs.

Source : Equity Bulls

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