RICO AUTO INDUSTRY LTD had announced dividend Rs 0.30 per share

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Company Review:

Rico Auto Industries Limited (RICO) is an integrated Auto Component Manufacturer present in the value chain from ‘Design to Delivery’. RICO manufactures and supplies Aluminum and Ferrous Machined Components and Assemblies to Original Equipment Manufacturers (OEMs) and Tier-1 customers across the globe.

The ability to retain old customers as well as add new ones, has led to a healthy order book for the Company. We also remain focused on our automation drive as well as on LEAN transition. The aftermarket business remains one of our focus areas with the launch of wheels, braking system, clutch assembly and other
components. We are also focusing on products such as Turbo Manifolds, Structural parts, EV power train parts as also Continuously Variable Transmission (CVT) for two-wheeler.

symbol: RICOAUTOIndustry:AUTO ANCILLARIES
Market cap: 40,044.36Face value:1
P/E Ratio: 8.30Sector Index P/E :143.74
Earning Per Share: 3.7dividend:0.30

Shareholders Pattern:

Corporate Action:

EQ of Rico Auto industries Annual general meeting on 24 oct 2020 has announced dividend Rs 0.30 per share EX date was 4-Nov-2020 and Book Closure Start Date is 6-Nov-2020 to 12-nov-2020.

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