Atul, incorporated in the year 1975, is a Mid Cap company (having a market cap of Rs 21448.24 Crore) operating in Chemicals sector.
Atul key Products/Revenue Segments include Dyes & Pigments, Sale of services, Export Incentives and Scrap for the year ending 31-Mar-2023.
Financials For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 1190.22 Crore, down -2.39 % from last quarter Total Income of Rs 1219.36 Crore and down -21.32 % from last year same quarter Total Income of Rs 1512.79 Crore. Company has reported net profit after tax of Rs 100.09 Crore in latest quarter.
Investment Rationale
Weekly chart “multiple resistance” breakout at 7100,along with huge volumes.