Rico Auto Industries' Stock Gains 7.21% and Outperforms Sensex on February 29th, 2024
Rico Auto Industries, a smallcap company in the auto ancillary industry, saw a 7.21% increase in its stock on February 29th, 2024. According to MarketsMojo, the current recommendation for the company is 'Hold' based on its positive performance and outperformance of the broader market. The stock is also trading higher than its moving averages, indicating a positive trend.
Rico Auto Industries, a smallcap company in the auto ancillary industry, saw a positive trend on February 29th, 2024 as its stock gained 7.21%. This outperformance was reflected in the stock's intraday high of Rs 101.4, which was 6.68% higher than the previous day's closing price.
According to MarketsMOJO, a leading stock analysis platform, the current recommendation for Rico Auto Industries is 'Hold'. This is based on the stock's recent performance and market trends.
In terms of moving averages, Rico Auto Industries is trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a positive trend for the company's stock.
On a broader scale, Rico Auto Industries has also outperformed the Sensex, India's benchmark stock index, in both short and long term performance. On the day of February 29th, the stock's performance was 7.84% compared to Sensex's 0.12%. In the past month, Rico Auto Industries has gained 2.00% while Sensex has only gained 0.63%.
Overall, Rico Auto Industries has shown a positive trend in its recent performance and is currently recommended as a 'Hold' by MarketsMOJO. The company's stock has also outperformed the broader market, making it a potential investment opportunity for investors in the auto ancillary industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
