Rico Auto Industries Ltd. News and Updates

Name: Latest research reports of Rico Auto Industries Ltd. authored by Sharekhan and published by - Trendlyne research reports.
Item: Rico Auto Industries Ltd.
Rating: 5
Author: Sharekhan

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Rico Auto Industries Ltd.

11 Dec 2018

98.65

2.54%

Rico Auto

Buy: Rico Auto Industries Ltd.

Sharekhan

visibility; Strong growth in the aftermarket space to further bolster growth: Rico Auto Industries (RAI) has a robust order book (valued at Rs. 4,800 crore) currently, which is executable over the next five to seven years. The size of the order book is substantial (FY2018 turnover was about Rs. 1,200 crore). As per management, RAI has also received new business (new orders in the order book...

Rico Auto Industries Ltd. is trading above all available SMAs

Rico Auto Industries Ltd.

10 Dec 2018

98.65

2.54%

Greenply Industries, Rico Auto

Top Picks: Rico Auto Industries Ltd.

BOB Capital Markets Ltd.

We attended the Greenply Industries (GIL) analyst meet. Following are the key takeaways: (1) GIL expects to see continued double-digit volume growth in its plywood business for the next few years, with operating margins maintained at 11-11.5%. (2) MDF prices have begun to stabilise with the company seeing no major correction since Oct'18. Management expects its MDF sale volumes to increase by ~15% in FY19 to 0.21mn cbm and further to 0.32mn cbm in...

Rico Auto Industries Ltd. has gained 31.24% in the last 3 Months

Rico Auto Industries Ltd.

13 Nov 2018

98.65

2.54%

Rico Auto Industries Ltd | Q2FY19 Result Update

Buy: Rico Auto Industries Ltd.

Target

Edelweiss

Rico Auto Industries Ltd (Rico) reported revenue of INR 361 cr in Q2FY19, registering a strong growth of 20% y-o-y.

Rico Auto Industries Ltd. has gained 55.65% in the last 6 Months

Rico Auto Industries Ltd.

13 Aug 2018

98.65

2.54%

Rico Auto Industries (85.7): Buy

Business Line

Yoganand D Investors with a short-term perspective can buy the stock of Rico Auto Industries at current levels. The stock jumped 5.4 per cent accomp

Rico Auto Industries Ltd. has gained 42.37% in the last 1 Month

Rico Auto Industries Ltd.

13 Aug 2018

98.65

2.54%

Rico Auto Industries Ltd | Q1FY19 Result Update

Buy: Rico Auto Industries Ltd.

Edelweiss

Rico Auto Industries Ltd (Rico) reported revenue of INR 349 cr in Q1FY19, registering a strong growth of 28% y-o-y.

Rico Auto Industries Ltd. has gained 55.65% in the last 6 Months

Rico Auto Industries Ltd.

05 Jul 2018

98.65

2.54%

Management Visit Note of Rico Auto Industries

Mgmt Note: Rico Auto Industries Ltd.

IDBI Capital

We attended the analyst meet of Rico Auto Industries (RICO). RICO is one of the leading engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive OEMs across the globe. Its top 6 clients HMCL/BMW/RNA/PSA/MSIL and Cummins contribute ~33%/16%/16%/10%/9% and 8% respectively for FY18 revenue. Rico's integrated services include design, development, tooling, casting, machining and assembly across commodities. Company's revenue contribution from Engine/Transmission/Chassis...

Rico Auto Industries Ltd. has gained 42.37% in the last 1 Month

Rico Auto Industries Ltd.

29 May 2018

98.65

2.54%

Rico Auto Industries Ltd | Q4FY18 Result Update

Buy: Rico Auto Industries Ltd.

Edelweiss

Rico Auto Industries Ltd (RAIL) is a key manufacturer of ferrous and aluminium casting and machining components used in the automotive space.

Rico Auto Industries Ltd. has gained 55.65% in the last 6 Months

Rico Auto Industries Ltd.

08 May 2018

98.65

2.54%

Rico Auto Industries Ltd | Long Term Recommendation

Buy: Rico Auto Industries Ltd.

Edelweiss

Rico Auto Industries Ltd (RAIL) is a key manufacturer of ferrous and aluminum casting and machining components used in the automotive...

Rico Auto Industries Ltd. has gained 42.37% in the last 1 Month

Rico Auto Industries Ltd.

13 Dec 2017

98.65

2.54%

Rico Auto signs joint venture pact with Singapore-based Ultra Fairwood

Business Line

Rico Auto Industries has signed a 50:50 joint venture agreement with Ultra Fairwood PTE Ltd, Singapore, to manufacture PODs (autonomous electric vehicles to be run on dedicated tracks) for personal...

Rico Auto Industries Ltd. has gained 31.24% in the last 3 Months

Rico Auto Industries Ltd.

23 Aug 2017

98.65

2.54%

RICO AUTO INDUSTRIES..

Buy: Rico Auto Industries Ltd.

Rudra Shares and Stock Brokers Ltd

Strong Clientele Base:Company is a well established auto component Tier 1 supplier to both the 2 wheeler, 4 wheeler and industrial segments. Notable large OEM customers include Bajaj Auto, Hero Motor, Yamaha, Honda, Suzuki, TVS, Tata Motors, GM, Renault, Nissan, Ford, Jaguar, Volvo, Caterpillar, Perkins, Tata Cummins, Magna, Honeywell, Continental and Jatco. Company expects strong relationship with OEMs offers a big opportunity for RAIL to expand its product offerings and increase content per vehicle. RAIL has won a new Differential Housing Business order from GKN and BMW. Also ramp up in exports to Jatco and Renault is...

Rico Auto Industries Ltd. has gained 55.65% in the last 6 Months

Is Rico Auto Industries Ltd. worth buying?

185 Votes:

Buy 84.86%

Sell 8.11%

Hold 7.03%