Nov 3, 2014

Rico Auto: Value and Growth Stock

The buzz about Auto components is not fizzling out. So, which one to buy if we are not having in our portfolio? Rico Auto has debt burden and because of that it is quoting at low PE. But news is coming from many source that it will sell its stake in FCC RICO Limited to its Japanese partner. After that it will be very good company. It is already a quality company in it work.

CMP: Rs. 46.00.