Skip to main content

Posts

Showing posts from September 16, 2017

Diwali Dhamaka Pick , Stock with 100% Jump in Profits

Atlas Cycles (Haryana) Ltd., previously known as Atlas Cycle Industries (ACIL) started with the manufacture of bicycle saddles in 1951, and produced its first bicycle in 1952. From a modest beginning of 120 cycles per day, the company has come a long way to become Indias second-largest cycle manufacturer. It has units at Sonepat, Sahibabad, Rasoi and Gurgaon, all in Haryana. Its combined manufacturing capacity stands at a hefty 3.1 million cycles per annum. It emerged as the largest exporter of bicycles from India. New export markets like Myanmar and South Africa were explored in 1994-95. It has been exporting components, bicycles and mopeds, besides tapping the fitness equipment market overseas. Its ISO-9002 certification is expected to boost exports. Must Watch Video Products: 1. Tough Roadster Models 2. Elegant Ladies bikes 3. Rugged Mountain Bikes 4. Children's Bikes Awards 2014 –Atlas, Sahibabad bagged 1st prize at All India Industrial Exhibition, H