Rico Auto Industries Ltd updates on business expansion

Rico Auto Industries Limited has set up a separate Business Vertical for Railways. We have been awarded the approval for manufacturing Spheroidal Graphite Cast Iron (SGCI) Inserts by Research Design and Standards Organisation (RDSO), Lucknow.

We are in process of getting approval for other high-quality cast & machined components for Tracks, Wagons & Carriages.

Shares of Rico Auto Industries Limited was last trading in BSE at Rs. 120.40 as compared to the previous close of Rs. 122.10. The total number of shares traded during the day was 266538 in over 2162 trades.

The stock hit an intraday high of Rs. 123.55 and intraday low of 116.40. The net turnover during the day was Rs. 31995537.00.

Source : Equity Bulls

Keywords

RicoAutoIndustries INE209B01025 BusinessExpansion Railways