Banco Products (India) Ltd Share Price (BANCOINDIA)

Banco Products India Ltd has been in the automotive industry for over four decades providing the industry with high quality engine cooling components and engine sealing gaskets. It provides 12000 varieties of gaskets and radiators that have various applications among different industries, from automobiles to oil engines. With four state of the art manufacturing plants in Baroda, Vadodara, and Mumbai, the company supplies to original equipment manufacturers such as Telco, Ashok Leyland, Mahindra, Premier Automobiles, Hindustan Motors, Maruti Udyog, and exports to the US, UK, Australia, and Germany. Established in 1961, Banco Products India Ltd has increased its radiator capacity from 80000 Nos to 762000 Nos, and has obtained TS 16949 certification. It has also acquired NEDERLANDSE RADIATEURN FABRIEK B.V. in 2010 in the Netherlands and Wholly Owned Subsidiary in 2011, with Lake Minerals Mauritius as its main investment in the same year. It has won various awards in 2013 such as Best Supplier Award and Excellent ACE Support Award, as well as commenced production of Radiators at its manufacturing facilities in 2012, and started a manufacturing unit in Rudrapur that same year.

Share Price: ₹610.25 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹4,443.81Cr as of today
Revenue: ₹565.44Cr as on December 2023 (Q4 23)
Net Profit: ₹68.32Cr as on December 2023 (Q4 23)
Listing date: 04 Oct, 1995
Chairperson Name: Mehul K Patel