Rico Auto Industries witnessed a sharp surge in trade today, with the stock jumping 13% and touching a fresh 52-week high of ₹114.26. As of 12:38 PM, the shares were trading 13.05% higher at Rs 111.70.
The stock opened at ₹98.82, almost unchanged from its previous close of ₹98.81, but quickly gathered pace as buying volumes picked up. By 12:37 PM, the counter had already clocked over 2.38 crore shares in volume.
During the session, the price moved between a low of ₹98.74 and its new peak of ₹114.26, reflecting strong intraday demand. With this move, Rico Auto has more than doubled from its 52-week low of ₹54.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
