The company made the announcement during market hours today, 2 March 2015.

Meanwhile, the BSE Sensex was down 49.40 points, or 0.17%, to 29,312.10.

On BSE, so far 66,387 shares were traded in the counter, compared with an average volume of 88,249 shares in the past one quarter.

The stock hit a high of Rs 615 and a low of Rs 562 so far during the day. The stock hit a record high of Rs 722 on 19 January 2015. The stock hit a 52-week low of Rs 140 on 28 February 2014.

The stock had underperformed the market over the past one month till 28 February 2015, falling 8.27% compared with 0.67% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 8.01% as against Sensex's 2.33% rise.

The mid-cap three-wheel auto manufacturer has an equity capital of Rs 10.97 crore. Face value per share is Rs 5.

Atul Auto's net profit rose 17.1% to Rs 11.31 crore on 13% rise in total income to Rs 140.11 crore in Q3 December 2014 over Q3 December 2013.