Banco Products (India) Ltd
BANCOINDIA

228.80

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

230.40

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 223.00
We recommend ACCUMULATE on account of strong prospects in domestic business led by revival in CV industry. Further, strong customer base and focus on aftermarket business are positive triggers may boost bottom-line growth. The stock in trading at PE of 13x on FY18E earnings. (Target Price - Rs.238)
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50 DMA (.)
210.85
100 DMA (.)
204.62
200 DMA (.)
203.09
Weekly Range (.)
226.65
239.05
Monthly Range (.)
209.00
239.05
52 Weeks Range (.)
124.00
241.65
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