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Atul Auto Signs MoU Worth INR4.91 Billion for Electric Three-Wheelers; Shares Jump 7%

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.

Financial News · Live Terminal

Atul Auto Signs MoU Worth INR4.91 Billion for Electric Three-Wheelers; Shares Jump 7%

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Atul Auto Signs MoU Worth INR4.91 Billion for Electric Three-Wheelers; Shares Jump 7%

CSC Financial's Unit Issues 2 Billion Yuan Bonds Due 2029

Correction: Rox Resources Identifies High-Grade Gold Mineralization at Western Australia Project

Zero2IPO Invests 5 Million Yuan in Wealth Management Product

Hindustan Construction Company JV Bags New Order Worth INR29.2 Billion

Investigator Silver Focused On Progressing South Australia Silver Project Toward Development Decision, Shares Fall 4%

Birla Corrects Coal Mine Data; Says 9.44 MT Represents Reserves, Not Capacity

Ever Grand Financial in Talks to Acquire Business in China

Miniso Controlling Shareholder to Increase Holdings

MGX Resources Reports Lower March Quarter Iron Ore Sales; Shares Rise 3%

Cuscal to Complete Paymark Acquisition in May

Shanghai MicroPort Completes Stock Conversion

Jiangsu Financial Leasing Q1 Profit up 6.5%; Shares Fall 5%

Weimob Cancels Issue of 172.1 Million Shares

Adani Energy Solutions' Consolidated Profit Grows in Fiscal Q4

Haohua Chemical Science & Technology Expects Up to 73% Rise in Q1 Profit

CSBC Corp Taiwan to Partially Halt Work Following Fatal Accident

Jiangsu Financial Leasing's 2025 Profit Up 10%; Shares Down 5%

Firebird Metals to Receive AU$2 Million from Australian Government to Develop Manganese Concentrate Processing Demonstration-Scale Facility, Shares Fall 8%

Alchip Technologies Buys Machinery Worth NT$671 Million from TSMC; Shares Rally 5%