Banco Products (India) is currently trading at Rs. 93.25, up by 0.25 points or 0.27% from its previous closing of Rs. 93.00 on the BSE.The scrip opened at Rs. 93.20 and has touched a high and low of Rs. 93.50 and Rs. 93.20 respectively. The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 198.80 on 24-Dec-2018 and a 52 week low of Rs. 91.00 on 27-Aug-2019.Last one week high and low of the scrip stood at Rs. 97.00 and Rs. 92.20 respectively. The current market cap of the company is Rs. 666.91 crore.The promoters holding in the company stood at 67.88%, while Institutions and Non-Institutions held 4.58% and 27.54% respectively.Banco Products (India) has received in-principle approval to identify / analyses various restructuring options available with the Company (Being Sale / transfer / disposal of assets of subsidiaries / material subsidiary of the Company or disposal of investment in material subsidiary of the Company) which shall be in the interest of the Company and its stakeholders. The Board of Directors of the Company at its meeting held on December 07, 2019 has approved the same.Banco Products (India) is engaged in the manufacture of high quality engine cooling components and engine sealing gaskets to the automotive.

The revenue for the June 2018 quarter is pegged at Rs. 1790.90 millions, about 21.03% up against Rs. 1479.70 millions recorded during the year-ago period.The Net proft of the company remain more or less same to Rs. 161.80  millions from Rs. 217.50 millions ,decline by -25.61%.The Operating Profit of the company witnessed a decrease to 304.00 millions from 305.30 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 1790.90 1479.70 21.03 1790.90 1479.70 21.03 6306.70 5573.60 13.15 Other Income 27.50 130.20 -78.88 27.50 130.20 -78.88 706.80 612.10 15.47 PBIDT 304.00 305.30 -0.43 304.00 305.30 -0.43 1642.50 1543.00 6.45 Interest 1.50 0.90 66.67 1.50 0.90 66.67 3.70 4.00 -7.50 PBDT 302.50 304.40 -0.62 302.50 304.40 -0.62 1638.80 1539.00 6.48 Depreciation 42.10 42.20 -0.24 42.10 42.20 -0.24 167.10 173.50 -3.69 PBT 260.40 262.20 -0.69 260.40 262.20 -0.69 1471.70 1365.50 7.78 TAX 98.60 44.70 120.58 98.60 44.70 120.58 274.40 269.40 1.86 Deferred Tax 17.60 -9.80 -279.59 17.60 -9.80 -279.59 -10.10 -17.60 -42.61 PAT 161.80 217.50 -25.61 161.80 217.50 -25.61 1197.30 1096.10 9.23 Equity 143.00 143.00 0.00 143.00 143.00 0.00 143.00 143.00 0.00 PBIDTM(%) 16.97 20.63 -17.73 16.97 20.63 -17.73 26.04 27.68 -5.93

The Exchange has sought clarification from Banco Products (India) with respect to news article appearing in Sandesh on August 8, 2016 titled ‘IT raid at Banco Products at 3 Directors (Promoters) place.’ The article mentions that there were certain facts uncovered at the time of IT raid at one of the plants of the company.The above information is a part of company’s filings submitted to BSE.

Banco Products (India) has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Banco Products (India) has informed that the Company has fixed February 12, 2016 as the Record Date for the purpose Payment of Interim Dividend for the Financial Year ending on March 31, 2016.The above information is a part of company’s filings submitted to BSE.

Banco Products (India) has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2015, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Banco Products (India) has informed about disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.

Banco Products (India) has informed about the Financial Results & a copy of the Limited Review Report for the period ended September 30, 2015.The above information is a part of company’s filings submitted to BSE.

Banco Products (India) has informed about the details of voting results at the 54th Annual General Meeting of the Company held on August 08, 2015, under Clause 35A.The above information is a part of company’s filings submitted to BSE.

Banco Products (India) is currently trading at Rs. 116.80, up by 4.95 points or 4.43% from its previous closing of Rs. 111.85 on the BSE.The scrip opened at Rs. 111.00 and has touched a high and low of Rs. 119.70 and Rs. 111.00 respectively. So far 54,000 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.00 on 21-Nov-2014 and a 52 week low of Rs. 88.60 on 16-Jun-2015.Last one week high and low of the scrip stood at Rs. 119.70 and Rs. 105.20 respectively. The current market cap of the company is Rs. 835.00 crore.The promoters holding in the company stood at 67.88% while Institutions and Non-Institutions held 7.68% and 24.44% respectively.Banco Products (India) has commenced the commercial production of Radiators with effect from July 25, 2015 at its Zaheerabad Unit located at Zaheerabad, Medak district, Telangana (AP).Banco Products (India) is engaged in manufacturing and selling engine cooling products and sealing gaskets. The company is a manufacturer and supplier of original equipment (OE) for commercial vehicles, passenger vehicles and industrial products.

Banco Products (India) has informed that the commercial production of Radiators has started with effect from July 25, 2015 at its Zaheerabad Unit located at Plot No. 29 & 30, Buchinelly, I.P. Buchinelly, Mahindra Vendor Park, Zaheerabad 502228, Dist. Medak, Telangana (AP).The above information is a part of company’s filings submitted to BSE.

Banco Products (India) has informed that the Register of Members & Share Transfer Books of the Company will remain closed from July 29, 2015 to August 08, 2015 for the purpose of Payment of Dividend & 54th Annual General Meeting (AGM) of the Company to be held on August 08, 2015.The above information is a part of company’s filings submitted to BSE.