Sept proved to be yet another month of poor sales growth- just 4% Yoy growth in Sept.
1st half of this financial year saw just 6% growth.
http://corporates.bseindia.com/xml-data/corpfiling/AttachHis/4C724C3B_1DEC_4B1E_927C_AD2AC7BA6E1C_122226.pdf
Management, on the other hand, remains confident of recovery in the 2nd half.
http://www.moneycontrol.com/news/business/sales10-mom-expect-better-h2fy15-results-atul-auto_3367341.html
While some Players like TVS are growing fast in 3W even in current markets, it would be interesting to see how Atul performs in 2nd half & next year!
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