Banco Products is currently trading at Rs. 59.90, up by 0.90 points or 1.53% from its previous closing of Rs. 59.00 on the BSE.
The scrip opened at Rs. 58.50 and has touched a high and low of Rs. 60.50 and Rs. 58.00 respectively. So far 1729 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 84.00 on 29-Jul-2011 and a 52 week low of Rs. 58.15 on 27-Jul-2012.
Last one week high and low of the scrip stood at Rs. 65.15 and Rs. 58.00 respectively. The current market cap of the company is Rs. 428.40 crore.
The promoters holding in the company stood at 67.88% while Institutions and Non-Institutions held 7.34% and 24.77% respectively.
Banco Products (India) has started the commercial production of radiators from its manufacturing facilities located at the company’s export oriented unit (EOU) at Synefra Special Economic Zone in Vadodara. The company has started the production with effect from July 20, 2012.
Banco Products (India) has been a dedicated supplier of high quality engine cooling components and engine sealing gaskets to the automotive industry for over four decades. It offers complete line of radiators, intercoolers, oil-coolers and all types of engine gaskets.