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)