Rico Auto has target of Rs 31: Betadpur

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Rico Auto has target of Rs 31: Betadpur

Rico Auto has target of Rs 31, says Satish Betadpur, MD, IIR Group, PLC.

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RELATED NEWS Rico Auto can move upto Rs 30: Anu Jain Rico Auto has resistance at Rs 30-31: Sukhani ALSO READ See previous views by Satish Betadpur See what other Experts & Brokerages are saying about Rico Auto See messages about Rico Auto Rico Auto BSE | NSE 30/05/12 Are Mutual Funds betting on Rico Auto?

Rico Auto has target of Rs 31, says Satish Betadpur , MD, IIR Group, PLC.

Betadpur told CNBC-TV18, "Rico Auto has target of Rs 31."

At 11:42 hrs the share was quoting at Rs 29.15, up Rs 1.45, or 5.23%. The company touched its 52 week high Rs 32.80 and 52 week low Rs 11.10 on 06 Jan, 2010 and 08 Apr, 2009, respectively. Currently, it is trading -11.13% below its 52-week high and 162.61% above its 52-week low. Market capitalisation stands at Rs 366.08 crore.

The company's trailing 12-month (TTM) EPS was at Rs -0.02 per share. The latest book value of the company is Rs 21.71 per share. At current value, the price-to-book value of the company was 1.34. The dividend yield of the company was 0.51%.