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Thursday, July 28, 2016

Atul Share Price Surged by 2.54%

Atul share price saw a surge of over 2.54% while the volume went up 48%. This was caused because of the bulk deal in which IDFC Premier Equity Fund bought 183000 shares at Rs.1925 and SBI mutual fund bought 729000 shares of Atul at the same price. This further enabled the stock to jump from Rs. 1929(previous closing as recorded on 27th July) to Rs. 1960(on 28th July). As of now, Atul share price is trading at Rs. 1978 which is up by 49 points. The intraday high and low of the mentioned scrip is noted at Rs. 1994.00 and Rs. 1934.55 respectively.

Atul, incorporated in 15 September, 1947 by a legendary Indian, Mr Kasturbhai Lalbhai, dreamt to achieve large-scale employment, usher wealth in rural India and enable the country to be self-sufficient in its requirements of chemicals. The company serves customers in India and globally. The first manufacturing site of the Company – spawned over 1250 acres in Gujarat, India. The shares of Atul are listed both at National Stock Exchange and Bombay Stock Exchange.

On the other hand SBI Funds Management Pvt. Ltd. aims to bring into forefront, their expertise by thoroughly delivering value to the investors. They boast of a strong and proud lineage that roots back to the State Bank of India (SBI) - India's largest bank. SBI share price is currently trading at Rs. 297.30 (up by 0.47%). IDFC Premier is the kind of scheme that shall seek to incorporate long-term capital growth through an actively managed portfolio of predominantly equity and equity related instruments. It was launched in the year 2005.

ATUL Share Price forecast:
Dynamic Level research analyst has identified Atul as a multibagger, out of Top 500 Shares analyzed by Dynamic Research at the end of every month, for this quarter. The closest support level for the ATUL share price stands at Rs. 1880.00 while the closest resistance level stands at Rs. 2020.00. Atul share Price met its 52 week high few days back on 22nd July at Rs. 2298.80 and 52 week low of Rs 1186.00 on 25-Aug-15. ATUL has a market cap amounting to Rs. 5721.75 (Cr).For detailed information on the Atul share, visit Atul share price history.

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