Rico Auto Industries is currently trading at Rs. 95.65, up by 0.85 points or 0.90% from its previous closing of Rs. 94.80 on the BSE.
The scrip opened at Rs. 95.00 and has touched a high and low of Rs. 98.00 and Rs. 93.75 respectively. So far 223128 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 110.90 on 24-Oct-2017 and a 52 week low of Rs. 43.75 on 23-Jun-2017.
Last one week high and low of the scrip stood at Rs. 98.00 and Rs. 88.00 respectively. The current market cap of the company is Rs. 1278.44 crore.
The promoters holding in the company stood at 50.10%, while Institutions and Non-Institutions held 9.59% and 40.31% respectively.
Rico Auto Industries has signed the Joint Venture Agreement (JVA) with Ultra Fairwood, Singapore on December 12, 2017, to manufacture PODs (Autonomous Electric Vehicles to be run on dedicated track) for PRT (Personal Rapid Transport), GRT (Group Rapid Transport) or any variant thereof. The shareholding in the JV Company will be in ration of 50:50.
Rico Auto Industries is engaged in the manufacturing of clutch and crank case. The company is engaged in the manufacturing and sale of auto components for two wheelers and four wheelers.
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