Support and Resistance Levels
Past performance
About Rico Auto Industries Ltd Rico Auto Industries (RAI), established in 1983, is a prominent manufacturer of auto components for two-wheelers and four-wheelers, specializing in high-precision aluminum and ferrous parts. RAI's comprehensive services encompass design, development, casting, machining, and assembly, catering to Original Equipment Manufacturers (OEMs) globally. The company has expanded its operations over the years through strategic acquisitions, joint ventures, and new plant developments in locations such as Chennai, Haridwar, and Bangalore.
RAI has undergone several mergers and restructuring, including the amalgamation of Rico Softech Ltd and Uttarakhand Automotives Limited. The company also divested from non-core businesses and joint ventures, such as the sale of its Agro division and shares in KRP Auto Industries. As part of its growth strategy, RAI has formed subsidiaries like Rico Investments Limited and acquired a majority stake in Rico Friction Technologies Limited. The company is poised for further expansion, aiming to enhance its production capabilities and market reach.