Rico Auto Industries began the day with strong momentum, with the stock climbing more than 5% in early trade and extending its impressive two-day rally to nearly 18%. The sharp up-move has pushed the stock to fresh 52-week highs, signalling growing investor interest and strong buying support.
The stock opened at ₹110.35 and quickly gathered pace, touching an intraday high of ₹117.58 by 9:27 AM. This level also marks its new 52-week high, more than double its 52-week low of ₹54. The early surge was accompanied by heavy volumes as well, with more than 50 lakh shares changing hands within the first hour of trade.
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