Shares of Atul Auto rallied as much as 4.77 percent to touch an intraday high of Rs 177.90 on Wednesday as the company's total sales in December increased 20.51 percent year-on-year.
Three wheeler manufacturer sold 2,844 units in December as against 2,360 units in same month of previous year. Total sales for nine months period ended December 2012 jumped 20.72 percent YoY to 23,592 units.
At 11:40 hours IST, the stock gained 3.92 percent to Rs 176.45 on the Bombay Stock Exchange. The share price surged more than 150 percent in last year and rose 56 percent in last quarter.
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Dont see mkt going anywhere now; like Bharat Forge: Dipen