India's Banco Products rises after unit launches Poland facility

Banco Products (India)

02/04/2025 08:58

** Shares of Banco Products (India) BNCO.NS rise as much as 2.2% to 351.90 rupees

** Engine cooling systems maker says its unit NRF opened a factory in Poland; scheduled to begin operation by end of February 2026

** Adds, the new facility includes aluminium production factory, additional space for warehouse operations and future projects

** Stock rose 9.2% in March after three straight monthly decline

** Stock down 26.1% YTD

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))