Rico Auto

Kunal Kamble of Bonanza recommends Mphasis, Rico Auto Industries, and Tenneco Clean Air India as top stock picks, citing bullish breakouts, strong volume support, and positive technical indicators.

A combined 34.84 million equity shares of Rico Auto changed hands on the NSE and BSE till 02:04 PM.

Rico Auto stock counter saw over 33.27 million equity shares representing 24.6 per cent of total equity of the company changed hands on the NSE and BSE in Friday's trade.

Rico Auto was trading 6 per cent higher at Rs 143.75, as against 0.5 per cent rise in the benchmark index

The daily, as well as weekly momentum indicator MACD for Nifty, is well in the buy mode

The company has laid the foundation stone for a new manufacturing plant at Pathredi, Bhiwadi (Rajasthan)