Auto ancillary stock jumps after expanding production capacity with new factory in PolandAuto ancillary stock jumps after expanding production capacity with new factory in Poland

Introduction:

Leading auto ancillary company is expanding its production capacity with a new 11,900m² factory in Poland. This facility enhances efficiency, supports growing demand, and incorporates sustainable initiatives like solar panels for improved energy efficiency and environmental responsibility.

Also Read: Auto ancillary stock jumps after it acquires Karna Intertech for ₹50 Mil

Share price movement of Banco Products (India):

On April 2, 2025, Banco Products (India) Ltd opened at ₹345.00, up 1.80% from its previous close of ₹344.45. The stock reached a high of ₹351.05 (1.86%) and a low of ₹337.70. By 12:42 PM, it traded at ₹350.65, reflecting a 1.80% increase, with a market cap of ₹5,015.60 crore.

NRF Expands Production with New 11,900m² Factory in Poland:

NRF, a wholly owned subsidiary of Banco Products (India) Limited, is set to open a new 11,900m² production facility in Panattoni Park Gdańsk West II, Poland. This expansion aims to meet growing customer demand and enhance efficiency.

The facility will house an aluminum production unit, office space, and warehouse operations. Designed with sustainability in mind, it features solar panels to reduce carbon footprint, promoting energy efficiency while providing a modern work environment for employees.

Stock performance of Banco Products (India) for Period of 1 week, 6 months, and 1 year:

Banco Products (India) Ltd delivered a -0.33% return over the past week, declining by 7.78% in the past six months. The stock gained 13.9% over the past year.

Also Read: Hotel stock jumps after opening new 117 room hotel in Chinchwad, Pune

Shareholding pattern of Banco Products (India):

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	67.90%	67.90%	67.90%
FII	3.80%	3.10%	3.20%
DII	0.20%	0.20%	0.10%
Public	28.20%	28.90%	28.80%

About Banco Products (India):

Banco Products (India) Ltd (NSE: BANCOINDIA) manufactures and supplies engine cooling modules and systems for automotive and industrial applications. Established in 1961, it is led by promoter Mehul K. Patel, who has over 40 years of industry experience.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.