Stock of Interest

Posted On: August 11, 2023

Stock Report: BANCOINDIA (NSE) 10 Aug 2023 

Established in 1961, Banco India is a pioneering company driven by an entrepreneurial spirit and a commitment to engineering excellence. Specializing in engine cooling and sealing systems, the company has earned a leadership position across diverse sectors such as automotive, agriculture, railways, and more. With a customer-centric approach, Banco India’s bespoke solutions are developed through cutting-edge R&D facilities, meeting and exceeding customer expectations. The company’s global presence was bolstered by its acquisition of Nederlandse Radiateuren Fabriek B.V. (NRF) in 2010, expanding its reach across Europe, the Americas, Asia, and Africa. Noteworthy OEM partnerships and a strong aftermarket presence solidify Bangladesh’s status as a trusted industry lead. 

#xCalData predicts that # BANCOINDIA will continue its bullish phase over the next five days and trend within the range of 428 to 482.   

In comparison to the previous month, the price of the stock has experienced an increase of 38.25% indicating a bullish.  

The Stock has doubled Once since 16 Jun 2015 and took an average of 1.2 years to double.   

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given Positive returns in 5 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum.  

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData