Key stats
Market capitalization
9.283BINR
Dividends yield (FY)
0.58%
Price to earnings Ratio (TTM)
26.16
Basic EPS (TTM)
2.62INR
About RICO AUTO INDUSTRIES LTD
ISIN
INE209B01025
Sector
Producer Manufacturing
Industry
Auto Parts: OEM
Website
ricoauto.in
CEO
Arvind Kapur
Headquarters
Gurugram
Employees
4.214K
Founded
1984
Rico Auto Industries Ltd. engages in the manufacturing and sale of auto components for two wheelers and four wheelers. Its products includes oil pump assembly, fuel system parts, center housings, back plates, oil pan, front cover, main bearing caps, and brake discs. The company was founded in 1984 and is headquartered in Gurugram, India.
Rico Auto Weekly TFThe stock is at important juncture.
It's trying to cross 4 years strong horizontal TL.
Already trading above the rising channel of 8 months.
A strong close above it can give 15 to 20% gain.
Bullish structure on daily, weekly and monthly TF.
Possibility of retest of breakout is also there .
Inverse Head and Shoulders Breakout at RICOAUTO Inverse Head and Shoulders #Breakout at #RICOAUTO (Rico Auto Industries Ltd) Weekly Chart. Its #Outperformed #Nifty
BSE: 520008 / NSE : RICOAUTO
What Is the Inverse Head and Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and s
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