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Rico Auto Industries net sales At Rs 873.16 Crore has enhanced by 61.44 per cent

The corporation has announced optimistic outcomes for the previous 3 successive quarters

On Wednesday, the stocks of Rico Auto Industries gain 0.05 or 0.11% and trading at Rs 46.40 at 3:43 PM

Rico is a global engineering corporation supplying a broad span of huge accuracy completely machined aluminium and ferrous elements and committees to automotive OEMs across the planet.

Long Term Fundamental Strength with 3.86 per cent CAGR development in Operating Earnings through the previous 5 years

  • Poor capacity to assistance debt as the corporation has a great Debt to EBITDA probability of 3.15 times
  • The corporation has been eligible to develop a Return on Equity with an average of 6.06 per cent signifying deep profitability per share of shareholders budgets

With a development in Operating earnings of 31.57 per cent,  the corporation announced very Positive outcomes in September 2021

  • The corporation has announced optimistic outcomes for the previous 3 successive quarters
  • Net sales At Rs 873.16 Crore has enhanced by 61.44 per cent
  • PBT less at Rs 7.47 Crore has accumulate at 690.5 per cent
  • PAT(Q) At Rs 7.49 Crore has evolved at 75.1 per cent

Share of is currently prevails in a Mildly Bullish span

  • The technological tendency has enhanced from Mildly bearish on 10 January 2022 and has produced 1.28 per cent recoveries since that

With ROCE of 4.9, it retains an outstanding esteemation with a Enterprise valuation to Capital

  • The share is marketing at a deduction correlated to its standard historical estimations
  • Over the previous year, while the share has produced a rescue of 23.92 per cent, its earnings have grown by 278.2 percent, the PEG probability of the corporation is 0.1

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