2 stories mentioning NSE:ATULAUTOUpdated 129d ago
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Three-wheeler manufacturer Atul Auto's (NSE:ATULAUTO, BOM:531795) total sales jumped 74% to 3,001 units in April from 1,725 units sold a year ago, according to a Friday filing to the Indian stock exchanges.Of the total, domestic sales grew sharply year-on-year to 2,478 units in April from 1,427 units.
Three-wheeler manufacturer Atul Auto (NSE:ATULAUTO, BOM:531795) has signed a memorandum of understanding worth 4.91 billion Indian rupees with electric battery manufacturer Exponent Energy, according to a Friday filing to the Indian stock exchanges.The agreement entails the manufacturing and supply of 15,000 electric three-wheelers integrated with Exponent's fast-charging battery system and powertrain over three years, extendable by an additional six months.Each of these three-wheelers will be priced at around 327,000 rupees.The company's shares surged over 7% in recent trade.
