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Rico Auto Industries eyeing 15-20% growth in FY16

13 Mar 2015 Evaluate

Rico Auto Industries is eyeing to grow by 15-20% in FY16. The company had last year in December received an approval to incorporate a subsidiary as Core Investment Company as part of its financial structuring for the purpose of holding investments in the group companies and carrying out other non-banking finance company (NBFC) business.

Rico Auto Industries is a world-class engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive OEMs across the globe.

Peers
Company Name CMP
SamvardhanaMotherson 156.60
Tube Investments 2225.10
Bosch 44350.00
UNO Minda 1111.40
Bombay Burmah Trdg. 1239.00
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