Atul Auto Surges 27% in Two Days on GST Cut for Three-Wheelers
Shares of Atul Auto surged nearly 27% over two sessions after GST 2.0 reduced tax on three-wheelers from 28% to 18%. The Vijay Kedia-backed company is expected to see stronger rural and urban demand for last-mile mobility solutions. Analysts believe the GST cut aligns with government efforts to boost affordable transport and small business productivity. The rally highlights how targeted tax reforms can quickly influence stock momentum in niche segments. Long-term impact depends on sustained demand and input cost trends.
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28 days ago
Atul Auto Surges 27% in Two Days on GST Cut for Three-Wheelers
Shares of Atul Auto surged nearly 27% over two sessions after GST 2.0 reduced tax on three-wheelers from 28% to 18%. The Vijay Kedia-backed company is expected to see stronger rural and urban demand for last-mile mobility solutions. Analysts believe the GST cut aligns with government efforts to boost affordable transport and small business productivity. The rally highlights how targeted tax reforms can quickly influence stock momentum in niche segments. Long-term impact depends on sustained demand and input cost trends.
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Atul Auto Surges 27% in Two Days on GST Cut for Three-Wheelers
28 days ago
1 min read
80 words
Atul Auto rallies after GST cut on three-wheelers; demand outlook improves.
Shares of Atul Auto surged nearly 27% over two sessions after GST 2.0 reduced tax on three-wheelers from 28% to 18%. The Vijay Kedia-backed company is expected to see stronger rural and urban demand for last-mile mobility solutions. Analysts believe the GST cut aligns with government efforts to boost affordable transport and small business productivity. The rally highlights how targeted tax reforms can quickly influence stock momentum in niche segments. Long-term impact depends on sustained demand and input cost trends.
Shares of Atul Auto surged nearly 27% over two sessions after GST 2.0 reduced tax on three-wheelers from 28% to 18%. The Vijay Kedia-backed company is expected to see stronger rural and urban demand for last-mile mobility solutions. Analysts believe the GST cut aligns with government efforts to boost affordable transport and small business productivity. The rally highlights how targeted tax reforms can quickly influence stock momentum in niche segments. Long-term impact depends on sustained demand and input cost trends.