Banco Products (India) Ltd
BANCOINDIA

207.00

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

206.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 202.00
We recommend ACCUMULATE on account of strong prospects in domestic business. This will be led by revival in domestic commercial vehicle (CV) industry. Further, strong customer base and focus on aftermarket business are positive triggers. The stock in trading at PE of 14x FY17E. (Target Price-Rs 213)
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50 DMA (.)
204.90
100 DMA (.)
197.70
200 DMA (.)
193.58
Weekly Range (.)
199.60
207.00
Monthly Range (.)
195.25
208.00
52 Weeks Range (.)
105.20
241.65
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