Rico Auto Industries Ltd - ROCE to grow + Auto Cycle revival?

Stock Opportunities Untested - but worth a good look
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Some additional points from last concall

  1. Contribution from PV (48%) + CV (11%) + Exports (7%) and rest 2W

  2. 15% of sales in 2W is towards electric - so growth visibility there. New plant for Suzuki also expected to contribute with electric for PV

  3. Management mentioned that current capacity can do revenues up to 3000 Cr

Discl : Invested

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