ATUL AUTO - MULTIBAGGER 1YR TIMEFRAME -SHORT TERM TRGT 390 Rs
ATUL Auto is leading manufacture in 3 wheeler sergment for Autos and Mini Tempos.
In 1970's where there where only Cyclericshaws they inveded to motorised Cyclerichsaw called "chhakada".
After the Success of there Chhakada's the company foryed in to 3 wheeler Auto segment with "Shakti" which was mass hit.
There entry into Commerical 3 wheelers for Mini 3 wheller trucks was also great hit.
The companues Turnover today is close to 400 crores with 20% growth year on year.
With Strong Management,good financials and visionary Planning this Company has asurred it investors of 15 to 20% growth in coming fisical
For a supprisingly zero debt company in Auto Space, Once can invest there Money in this Stock rather than FD to get returs of 20 to 30% in 1 yr time frame.
We recommend with Short-term target of 390 Rs in 1 year time frame.