Buy Atul Auto, target price Rs 300: Emkay Global

Emkay Global has buy call on Atul Auto with a target price of Rs 300. The current market price of Atul Auto Ltd. is Rs 221.75.

Time period given by analyst is one year when Atul Auto Ltd. price can reach defined target.

Atul Auto Ltd., incorporated in the year 1986, is a Small Cap company (having a market cap of Rs 486.81 Crore) operating in Auto sector.


Atul Auto Ltd. key Products/Revenue Segments include Automobile - 3 Wheelers, Spare Parts & Others, Other Operating Revenue, Commission, Export Incentives and Scrap for the year ending 31-Mar-2020.

Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 32.43 Crore, down -64.58 % from last quarter Total Income of Rs 91.56 Crore and up 20.69 % from last year same quarter Total Income of Rs 26.87 Crore.

Promoter/FII Holdings
Promoters held 52.7 per cent stake in the company as of June 30, 2020, while FIIs held 0 per cent, DIIs 15.2 per cent and public and others 32.1 per cent.