Banco Products (India)

contracts with three US-based auto wholes

Posted by : rrvora
Price when posted : BSE: Rs 29.55 ( 0.68 % ), NSE: Rs. 29.10 ( 1.04 % )

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Banco signs contracts with 3 US cos in Jul-Sep
Mon Sep 29, 2008 12:16pm
MUMBAI (Reuters) - Auto parts maker Banco Products India Ltd has finalised contracts with three US-based auto wholesalers in the July-September quarter, marking its entry into the U.S. market, Chairman Vimal K Patel said.The company expects sales of around $1.5 million from the U.S. market in FY09 after these contracts, he told Reuters.Banco's total sales is expected to grow by 25 percent on year driven by exports and contribution from the domestic industrial segment in FY09, Patel added.

from in.com
rrv
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Mutual Fund buying Banco product

Posted by : pints!
Price when posted : BSE: Rs 32.40 ( 7.46 % ), NSE: Rs. 32.10 ( 7.36 % )

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economictimes today suggested a buy on this scrip , should yield a return of 20-30 % in short term....

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Mutual Fund buying Banco product

Posted by : rrvora

In past two month Mutual Funds HDFC Childrens Gift Fund - Savings Plan & HDFC Multiple Yield Fund - Plan 2005 (G) 70,000
have accumalated 105,000 shares of Banco Products
Showing trust in this company.

Mutual Fund buying Banco product

Posted by : rrvora
Price when posted : BSE: Rs 32.00 ( 6.14 % ), NSE: Rs. 32.00 ( 7.02 % )

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In past two month Mutual Funds HDFC Childrens Gift Fund - Savings Plan & HDFC Multiple Yield Fund - Plan 2005 (G) 70,000
have accumalated 105,000 shares of Banco Products
Showing trust in this company.



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Best buy & may appriciate 100% in 2 year

Posted by : rrvora
Price when posted : BSE: Rs 32.50 ( 7.79 % ), NSE: Rs. 32.80 ( 9.70 % )

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Refer to day ET Investors Guid page 2 of Economic Times.Et intelligence group have recominded this share & hence price gone up by about 7% to day. Investment in this company seems to be very safe & risk free. Long term investor accumalate this stock.
Very good track records of Bonus,Dividend. Good management. If u see the past history company has given many bonus issue
rrvora ...