Buy Or Sell Opportunity • Jul 09
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to ₹491. The fair value is estimated to be ₹395, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 70%. Announcement • Jun 10
Atul Auto Limited Announces Appointment of Piyush Mistry as Head – Human Resource, Er and Admin and Senior Management Personnel Effective June 8, 2026 Atul Auto Limited had appointed Mr. Piyush Mistry as Head – Human Resource, ER and Admin of the Company with effect from June 08, 2026. Mr. Piyush Mistry, Head - (Human Resource, ER and Admin) of the Company has been designated as a `Senior Management Personnel' (SMP) of the Company who joined with effect from June 08, 2026. Mr. Piyush R. Mistry is a seasoned Human Resources professional having more than 24 years of diversified experience in Human Resource Management across engineering and manufacturing industries, including auto ancillary, auto components, textile machinery, aluminium die casting and engineering services. He was previously associated with Inspiron Engineering Pvt. Ltd., Ahmedabad, as Senior Manager – HR since July 2016, where he is responsible for strategic HR management, talent acquisition, industrial relations, statutory compliance, HRIS, performance management, employee engagement, payroll administration, audits, health & safety compliance and overall HR operations for manufacturing units. Academically, he holds a Diploma in Labour Laws & Practice (D.L.P.), LL.B., P.G.D. (I.R.P.M.), B.Com. and D.C.A. qualifications from reputed institutions in Gujarat. New Risk • May 28
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. 
