Rico Auto Industries' Stock Price Reaches All-Time High, Outperforms Sector by 2.78%

Rico Auto Industries, a smallcap company in the auto ancillary industry, has been making headlines in the stock market recently. On March 4th, the company's stock price reached an all-time high of Rs. 133.65, outperforming the sector by 2.78%. This marks the fourth consecutive day of gains for the stock, with a total increase of 40.61% in this period.

The stock opened with a gap up of 2.85% today and has been trading at this price since then. This is a significant achievement for the company, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend in the stock's performance.

In the past year, Rico Auto Industries has shown an impressive growth of 78.22%, while the Sensex has only grown by 23.57%. This showcases the company's strong performance and potential for future growth.

MarketsMOJO has given a 'Hold' call for the stock, indicating that it is a good investment option for now. However, it is important to note that this is not a recommendation and should not be taken as financial advice.

Rico Auto Industries is a leading player in the auto ancillary industry, catering to the needs of major automobile manufacturers. With its recent surge in stock price and strong performance, the company is definitely one to watch out for in the market.