Vijay Kedia’s Stock Climbs Over 8%, Wealth Increases by Rs 1,74,58,73,325.3 in a Single Day
Atul Auto shares surged over 8 per cent, boosting Vijay Kedia’s wealth by Rs 174.58 crore as strong export and ICE segment growth drive investor optimism.
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The latest monthly and year-to-date (YTD) sales data paint a compelling picture of Atul Auto Ltd benefiting from strong export demand and resilient internal combustion engine (ICE) performance. This appears to have driven its share price up by over 8 per cent in a single day.
As a result, Vijay Kedia and Kedia Securities, who together own 20.91 per cent of the company, grew their wealth by roughly Rs 174.58 crore in a single day. The gain was driven by the stock price rising by Rs 30.90 per share, impacting their total holding of 58,02,017 shares.
Adding to this, the numbers suggest a business firing on multiple cylinders. Total sales for March 2026 (including exports) rose 14.05 per cent year-on-year, while YTD growth stood at a robust 13.02 per cent. This acceleration is particularly notable given the relatively muted domestic environment. While domestic sales for the month grew just 0.38 per cent, nearly flat compared to the previous year, the combined domestic and export figure surged into double digits.
Another key highlight is the continued strength of the ICE segment. Traditionally viewed as a mature or even declining category amid the global transition to electric vehicles (EVs), ICE sales have instead delivered impressive growth - particularly in exports, where YTD volumes rose over 20 per cent.
In contrast, the EV segment continues to underperform. Both domestic and overall YTD figures show a decline of around 8-9 per cent, with monthly numbers also failing to show meaningful traction.
About Atul Auto Ltd
Atul Auto Ltd operates in the three-wheeler segment of the automotive industry, manufacturing a complete range of vehicles under the Atul brand. Its offerings span goods and passenger segments, including petrol, diesel, LPG, and electric variants, along with spare parts and allied products.
Atul Auto Ltd Share Price Performance
Atul Auto Ltd shares closed at Rs 413.10, up Rs 30.90, marking a gain of 8.08 per cent on the trading day. The stock opened at Rs 402, touched a high of Rs 420.20, a low of Rs 396, and ultimately settled near the upper end of the range, reflecting strong Intraday momentum.
Despite today’s rally, the year-to-date (YTD) performance remains negative at -13.08 per cent, and the one-year performance shows a decline of -18.46 per cent, indicating that the stock is still recovering from earlier weakness.
Disclaimer: The article is for informational purposes only and not investment advice.
