Hot Pursuit     03-Feb-17
Rico Auto declines after uninspiring Q3 numbers
Rico Auto Industries tumbled 5.06% to Rs 59.10 at 15:15 IST on BSE after consolidated net profit rose 4.33% to Rs 9.14 crore on 2.93% decline in total income from operations to Rs 251.17 crore in Q3 December 2016 over Q3 December 2015.
The result was announced during market hours today, 3 February 2017.

Meanwhile, the S&P BSE Sensex was up 15.52 points or 0.05% at 28,242.13.

On the BSE, 2.43 lakh shares were traded on the counter so far as against the average daily volumes of 1.09 lakh shares in the past one quarter. The stock had hit a high of Rs 62.90 and a low of Rs 57.55 so far during the day.

The stock had hit a 52-week high of Rs 75.25 on 3 November 2016 and a 52-week low of Rs 27.70 on 29 February 2016. The stock had outperformed the market over the past one month till 2 February 2017, advancing 13.59% compared with the Sensex's 6.13% rise. The scrip had, however, underperformed the market over the past one quarter, declining 13.36% as against the Sensex's 2.54% rise.

The small-cap company has equity capital of Rs 13.53 crore. Face value per share is Rs 1.

Rico Auto Industries is an engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive original equipment manufacturers (OEMs) across the globe.

Previous News
  Rico Auto Industries AGM scheduled
 ( Corporate News - 27-Aug-24   16:28 )
  Rico Auto Industries fixes record date for dividend
 ( Market Beat - Reports 22-Aug-24   16:08 )
  Rico Auto Industries consolidated net profit rises 0.35% in the June 2024 quarter
 ( Results - Announcements 13-Aug-24   13:48 )
  Rico Auto Industries announces board meeting date
 ( Corporate News - 03-Aug-24   16:52 )
  Rico Auto Industries consolidated net profit declines 40.15% in the March 2024 quarter
 ( Results - Announcements 24-May-24   16:23 )
  Board of Rico Auto Industries recommends Final Dividend
 ( Corporate News - 24-May-24   15:57 )
  Rico Auto Industries to discuss results
 ( Corporate News - 18-May-24   15:40 )
  Rico Auto Industries consolidated net profit rises 6.58% in the December 2023 quarter
 ( Results - Announcements 07-Feb-24   15:44 )
  Rico Auto Industries to convene board meeting
 ( Corporate News - 31-Jan-24   12:30 )
  Rico Auto soars after signing tech-transfer agreement with DRDO
 ( Hot Pursuit - 20-Jan-24   09:42 )
  Rico Auto Industries consolidated net profit declines 15.52% in the September 2023 quarter
 ( Results - Announcements 11-Nov-23   07:44 )
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