Banco Products Faces Significant Volatility Amid Broader Market Challenges

Feb 10 2025 09:45 AM IST
share
Share Via
Banco Products (India) Ltd, a midcap auto ancillary firm, faced significant trading volatility, opening with a notable loss and reaching an intraday low. The stock has underperformed its sector recently, with a marked decline over the past month, while broader market indices have remained stable.
Banco Products (India) Ltd, a midcap player in the auto ancillary sector, has experienced significant volatility in today's trading session. The stock opened with a notable loss of 9.95%, reflecting broader market challenges. Throughout the day, it reached an intraday low of Rs 382.1, marking a decline of 17.09%.

In terms of performance metrics, Banco Products has underperformed its sector by 16.04% today, continuing a downward trend with a total decline of 17.61% over the past two days. Over the last month, the stock has seen a decrease of 20.36%, contrasting sharply with the Sensex, which has remained relatively stable with a slight gain of 0.07%.

When examining moving averages, the stock is currently positioned higher than its 200-day moving average but falls below the 5-day, 20-day, 50-day, and 100-day moving averages. This trend indicates a challenging market position for Banco Products (India) Ltd as it navigates recent performance hurdles.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News