Rico Auto Industries' Stock Performance Shows Volatility and Underperformance

Aug 05 2024 09:32 AM IST
share
Share Via
Rico Auto Industries, a smallcap company in the auto ancillary industry, has been in the news for its recent stock performance. According to MarketsMojo, the stock has been given a 'Sell' call and has shown a consecutive fall of -9.43% in the past three days. It has also underperformed compared to the Sensex in both 1 day and 1 month periods. Investors should closely monitor the stock's performance before making any investment decisions.

Rico Auto Industries, a smallcap company in the auto ancillary industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with a loss of -6.09% on the day of opening. This is in line with the performance of the sector as a whole.

The stock has been on a downward trend for the past three days, with a consecutive fall of -9.43% in that period. It opened today with a gap down of -6.09%, touching an intraday low of Rs 121.15. The stock has also shown high volatility today, with an intraday volatility of 19.11%.

In terms of moving averages, the stock is currently higher than its 200 day moving average, but lower than its 5 day, 20 day, 50 day, and 100 day moving averages. This indicates a mixed trend for the stock in the short term.

Compared to the performance of the Sensex, Rico Auto Industries has underperformed in both the 1 day and 1 month periods, with returns of -5.39% and -8.30% respectively, while the Sensex has shown losses of -2.08% and -0.87%.

Overall, the stock of Rico Auto Industries has been on a downward trend and has shown high volatility in the short term. Investors may want to keep an eye on the stock's performance and consider their options carefully before making any investment decisions.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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