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20 Jul 2020
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Banco Products
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Geojit BNP Paribas
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587.40
|
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83.10
(606.86%)
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Pre-Bonus/
Split |
Sell
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Due to limited revenue visibility about the company for the future and lack of information and significant deviation from the expectation we decided to drop Banco Products ltd from our coverage. In addition auto companies are shifting towards manufacturing new generation vehicle. We believe Banco, which is largely depended on the combustion engine is likely to get hit on their outlook. The is evident from the company's...
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26 Jun 2019
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Banco Products
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Geojit BNP Paribas
|
587.40
|
115.00
|
119.85
(390.11%)
|
Target met |
Sell
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Banco Products ltd (BPIL) is a manufacturer of radiators and gaskets that have applications in automobiles, oil engines, compressors & locomotives. 80% of the revenue comes from the commercial vehicles (CV) Industry. Q4FY19 revenue grew by strong 27.6%, mainly due to higher contribution from the European subsidiary (Constitutes 60% of revenue) growing at 55%YoY respectively. Despite lower RM & Employee cost, EBITDA margin contracted by 740bps due to significant increase in other expenses....
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16 Apr 2019
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Banco Products
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Keynotes Financial Opiniery
|
587.40
|
192.00
|
151.30
(288.24%)
|
Pre-Bonus/
Split |
Buy
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Born of entrepreneurial spirit in 1961, Banco Products (India) ltd has today carved a niche for itself as a leader in the business of engine cooling...
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08 Aug 2018
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Banco Products
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Geojit BNP Paribas
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587.40
|
229.00
|
222.05
(164.54%)
|
Target met |
Hold
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Banco products ltd (BPIL) is a manufacturer of radiators and gaskets that have applications in automobile, oil engines, compressors & locomotives. 80% of the revenue comes from CV Industry. Revenue for the Q1FY19 grew by 24%YoY led by higher contribution from overseas subsidiaries growing at 19%YoY in the radiator sales. ...
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09 Jan 2017
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Banco Products
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HDFC Securities
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587.40
|
225.00
|
209.40
(180.52%)
|
Target met |
Buy
|
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BUY Banco Products (India) Ltd between CMP at Rs. 202 and add on dips Rs. 184-188 for the Sequential Targets of Rs. 225-245
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20 Sep 2016
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Banco Products
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Dynamic Levels
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587.40
|
270.00
|
220.00
(167.00%)
|
Pre-Bonus/
Split |
Buy
|
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Banco Products (India) Limited is company that is engaged in the business of manufacturing Gaskets and Radiators. The company also exports aftermarket radiators. Banco operates in one segment namely automobile ancillary business. The product portfolio of the company includes radiators, air coolers, Rubber Cork Gaskets, Aluminum Edge Moulded Gaskets, Steel Fiber Composite Gaskets and many more. These products are considered critical components in sealing and cooling applications of Automotive, Power,...
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09 Dec 2015
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Banco Products
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Joindre Capital Services
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587.40
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226.00
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Target met |
Buy
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Banco Products Ltd.(BPL) was founded in 1961 and manufactures Radiators and Gaskets for the Indian OEM Industry, Railways and Defence Sector. BPL is a specialist in engine cooling systems with 49 years of experience in the field. It is also one of the leading manufacturers and suppliers of original equipment for commercial vehicles, passenger vehicles and industrial products. BPL is also India's leading exporter of aftermarket radiators to the Europe, with a growing...
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