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dkishore
12-03-2008, 07:24 AM
Atul Auto rides on HNI interest

Shares of Atul Auto rose roughly 9.2% to Rs 50.50, amid talk that the company has allotted shares on a preferential basis to a high net-worth investor (HNI), Vijay Kedia. He is believed to have bought 8% in the company through this route at roughly Rs 70 per share.