India, Feb. 2 -- A small-cap company engaged in the manufacturing and export of auto-rickshaws came into the spotlight after the company gave out its robust January sales update to the exchanges . This comes at a time when electric three-wheelers are expected to achieve nearly 50 percent market penetration by FY28, with the India electric three-wheeler market projected to grow significantly and reach $4.08 billion by 2034.

With a market cap of Rs 1,192Cr, Atul Auto Ltd saw its stock hit an intraday high of Rs 435 which is 10 percent higher than the previous close of Rs 394. The company stock has given a compounded return of 16 percent in the last five years.

News On Monday, Atul Auto Ltd announced the company's monthly sales update. Thi...