India, Oct. 24 -- Banco Products has a long history of offering radiators, heat exchangers, engine gaskets and thermal-management systems for automotive and industrial uses. Under the marque of its international subsidiary, NRF Holding B.V., the company has built up a significant European automotive aftermarket business, complementing its existing position in the Indian automotive industry.

With a market capitalisation of Rs.7985.77 crore, shares of Banco Products (India) Limited closed at Rs.558.30 apiece, declining 4.09% from the previous closing price of Rs.582.10. The stock trades at a consolidated price-to-earnings (P/E) ratio of 16.15 times, compared with its standalone P/E of 19.23 times. It is also trading approximately 35.5% be...