Banco Products (India) Ltd shares witnessed a sharp rally of over 11% in Tuesday’s trade, reflecting renewed investor optimism. The stock surged to an intraday high of ₹822.50 on the NSE, compared to a low of ₹716.55 earlier in the session.

At 12:39 PM, trading volumes stood at 59.81 lakh shares, indicating robust participation from market participants. The stock opened at ₹736.80, well above its previous close of ₹733.25.

With today’s rally, Banco Products is inching closer to its 52-week high of ₹879.80, while its 52-week low remains at ₹297.50.

Banco Products shares were up 11.80% at ₹819.80 apiece around 12.40 pm. It has rallied 59.76% this year, so far.

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TOPICS: Banco Products (India)