Small Cap Auto Ancillaries Stock Declares 400% Dividend, Stock Soars 48% In 1-Year

Small cap Auto Ancillaries sector stock, Banco Products (India) Ltd fixed February 25, 2023 as the record date for interim dividend. The stock rallied 25% in last 6-months and 141% in last 3-years. Check details below:

1. Banco Products (India) Sets Record Date For Interim Dividend

According to the BSE filing of the company, "The Board of Directors has declared an Interim Dividend of Rs.8 /- ( 400 %) per Equity Share of 2.00 each for the financial year ending 31st March, 2023. The Company has fixed 25th February, 2023, as the record date for the purpose of payment of Interim Dividend."

2. Banco Products (India) Stock Performance & Return

The last trading price of the stock is Rs 232.00 apiece with intraday decline of 0.85%. The stock's 52-week high is Rs 269.75 apiece and 52-week low is Rs 118.20 apiece, respectively.

The company has a market capitalisation of Rs 1,659.23 crore. The stock gave a return of 16% in last 1-month, 19% in last 3-months, 47% in last 1-year, and 141% in last 3-years.

3. Banco Products (India) About

Banco Products (India) Ltd is engaged in manufacturing engine cooling components and engine sealing gaskets to the automotive industry in India and elsewhere around the globe. Its products include radiators, intercoolers, oil-coolers, and engine gaskets.

Disclaimer

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