Atul Auto Ltd hit a three-year high in the afternoon trade on January 19, surging nearly 47 percent in the last month on the back of higher volumes.
Atul Auto Ltd posted better-than-expected sales numbers in December and also announced a foray into the electric vehicle segment, boosting investor sentiment.
The stock hit a high of Rs 364, a level last seen on April 1 2019, in the afternoon. At 1 pm, the stock was trading at Rs 360 on the BSE, up 5 percent from its previous close. Atul Auto has gained more than 75 percent in the last year.
On January 3, the firm reported a 28 percent rise in its sales to 2,151 units in December from 1,683 sold a year ago.