Atul Auto Jumps After Signing EV MoU With Exponent Energy

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Stock Surges on MoU News

Atul Auto shares jumped sharply after its EV subsidiary Atul Greentech signed a strategic MoU with Exponent Energy to integrate 15-minute rapid-charging technology into its electric three-wheeler lineup.

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Exponent Energy's Fast-Charging Edge

Exponent Energy offers 15-minute 0–100% rapid charging via its e^pump network, with retrofitted vehicles delivering 0–30 km/h acceleration in under 4.5 seconds and a real-world range of 140–150 km per charge.

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LPG Crisis Accelerates EV Push

The ongoing LPG and gas shortage in April 2026 has accelerated a structural shift in India's last-mile connectivity, as drivers pivot toward electric three-wheelers to hedge against fuel volatility and long refuelling queues.

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Atul Auto's EV Momentum

Atul Auto consolidated its EV division into the parent company in January 2026 to foster sales synergy and balance sheet clarity. Q3 FY26 consolidated revenue rose 18.4% YoY to ₹230.86 crore, with net profit nearly doubling to ₹15.35 crore.

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Vijay Kedia-Backed Growth Story

Veteran investor Vijay Kedia holds an 18.20% stake in Atul Auto. The stock has surged significantly in recent months, supported by EV partnerships, a recovering domestic sales trend, and growing last-mile electrification demand across India.

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With Our Subscription Plans

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Atul Auto Jumps After Signing EV MoU With Exponent Energy

Stock Surges on MoU News Atul Auto shares jumped sharply after its EV subsidiary Atul Greentech signed a strategic MoU with Exponent Energy to integrate 15-minute rapid-charging technology into its electric three-wheeler lineup.

Exponent Energy's Fast-Charging Edge Exponent Energy offers 15-minute 0–100% rapid charging via its e^pump network, with retrofitted vehicles delivering 0–30 km/h acceleration in under 4.5 seconds and a real-world range of 140–150 km per charge.

LPG Crisis Accelerates EV Push The ongoing LPG and gas shortage in April 2026 has accelerated a structural shift in India's last-mile connectivity, as drivers pivot toward electric three-wheelers to hedge against fuel volatility and long refuelling queues.

Atul Auto's EV Momentum Atul Auto consolidated its EV division into the parent company in January 2026 to foster sales synergy and balance sheet clarity. Q3 FY26 consolidated revenue rose 18.4% YoY to ₹230.86 crore, with net profit nearly doubling to ₹15.35 crore.

Vijay Kedia-Backed Growth Story Veteran investor Vijay Kedia holds an 18.20% stake in Atul Auto. The stock has surged significantly in recent months, supported by EV partnerships, a recovering domestic sales trend, and growing last-mile electrification demand across India.