Rico Auto Industries Sees Surge in Trading Volume and Performance Amid Sector Gains

Rico Auto Industries Ltd, a microcap player in the Auto Components & Equipments sector, has emerged as one of the most active equities today, with a total traded volume of 21,179,343 shares and a total traded value of approximately Rs 20.67 crore. The stock opened at Rs 91.80 and reached a day high of Rs 99.78, reflecting an intraday increase of 8.74%. The last traded price stands at Rs 98.20, marking a 7.65% return for the day.
Over the past five days, Rico Auto Industries has shown remarkable performance, gaining 46.73% in returns and outperforming its sector by 5.66%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Notably, the delivery volume on August 14 surged to 693,400 shares, a staggering increase of 1565.84% compared to the 5-day average delivery volume.

The Auto Ancillary sector has also seen a gain of 2.64%, while the broader market, represented by the Sensex, recorded a 1.48% return today. With a market capitalization of Rs 1,245 crore, Rico Auto Industries continues to demonstrate significant activity and performance in the market.