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The announcement was made after market hours yesterday, 16 October 2017.
On 5 August 2017, Atlas Cycles' board had approved 2 for 1 stock split.
Meanwhile, the S&P BSE Sensex was down 57.01 points, or 0.17% at 32,576.63. The S&P BSE Small-Cap index was up 70.55 points, or 0.42% at 17,046.72, outperforming the Sensex.
On the BSE, 255 shares were traded on the counter so far as against the average daily volumes of 2,715 shares in the past one quarter. The stock had hit a high of Rs 426.80 and a low of Rs 407.50 so far during the day. The stock had hit a record high of Rs 694 on 16 January 2017 and a 52-week low of Rs 270 on 2 June 2017.
The stock had underperformed the market over the past one month till 16 October 2017, gaining 1.1% compared with the Sensex's 1.12% gains. The stock had, however, outperformed the market over the past one quarter, gaining 13.34% as against the Sensex's 1.91% rise. The scrip had, however, underperformed the market over the past one year, rising 1.87% as against the Sensex's 17.92% rise.
The small-cap company has equity capital of Rs 3.25 crore. Face value per share is Rs 10.
Atlas Cycles (Haryana)'s net profit jumped 104% to Rs 2.53 crore on 6.5% rise in net sales to Rs 179.84 crore in Q1 June 2017 over Q1 June 2016.
Atlas Cycles (Haryana) is a manufacturer of bicycles. The company manufactures components of bicycles and steel tubes.
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