Equity Analyst, LightStream Research

Chacko Jacob

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/8223" target="_blank" data-smartkarma-citation="entities:8223:1">Rico Auto Industries Ltd (RAI IN)</a> is an Indian auto component manufacturer producing aluminium and ferrous castings for 2Ws &amp; 4Ws in India and globally. Rico Auto caters to notable companies like BMW, AUDI, Hero MotoCorp and Renault from their fourteen plants located strategically next its OEM customers. Events in the auto industry and new undertakings by the company lead us to take a positive view on the stock.</p><ul><li>Capacity expansion by major customers to see an increase in Rico's own capacity utilisation.</li><li>Rico launches value-added aftermarket products to expand margins.</li><li>Company partners with a Singapore firm to manufacture coaches/cars used in rapid transport systems.</li></ul>

Rico Auto Industries Ltd (RAI IN) is an Indian auto component manufacturer producing aluminium and ferrous castings for 2Ws &amp; 4Ws in India and globally. Rico Auto caters to notable companies like BMW, AUDI, Hero MotoCorp and Renault from their fourteen plants located strategically next its OEM customers. Events in the auto industry and new undertakings by the company lead us to take a positive view on the stock.Capacity expansion by major customers to see an increase in Rico's own capacity utilisation.Rico launches value-added aftermarket products to expand margins.Company partners with a Singapore firm to manufacture coaches/cars used in rapid transport systems.

Entry Into Auto Aftermarket And JV to Produce Rolling-Stock Transform Rico Auto