Rico Auto Industries gains on the BSE
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Rico Auto Industries is currently trading at Rs. 38.75, up by 0.50 points or 1.31% from its previous closing of Rs. 38.25 on the BSE.
The scrip opened at Rs. 39.40 and has touched a high and low of Rs. 39.40 and Rs. 38.40 respectively. So far 5697 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 46.20 on 01-Mar-2021 and a 52 week low of Rs. 24.60 on 18-May-2020.
Last one week high and low of the scrip stood at Rs. 40.25 and Rs. 37.80 respectively. The current market cap of the company is Rs. 519.49 crore.
The promoters holding in the company stood at 50.32%, while Institutions and Non-Institutions held 1.03% and 48.65% respectively.
Rico Auto Industries is setting up a Covid Care Centre at its plant in Dharuhera with 25 Oxygen Supported Beds to start with, to help its employees and patients from neighboring areas requiring immediate care, till a regular hospital bed is available. The Company has plan to ramp-up the infrastructure to 100 beds in case of emergency.
The District Administration & Chief Medical Officer (CMO) are providing due support. Doctors and trained nursing/paramedic staff will be arranged with the help of CMO Rewari District. The Covid Care Centre will be under the supervision of CMO Team and ESI Doctors. The medicines will be provided by the Company. The teams are working round the clock to get the Centre operational by April 26, 2021.
Rico Auto Industries is a world-class engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive OEMs across the globe.
