NRF enters into turbocharges

NRF is a leading supplier of engine cooling and air conditioning parts for the automotive aftermarket. The total offer exists of more than 13,000 references, which is rapidly growing. As an addition to the existing product portfolio NRF enters into turbochargers. For this purpose NRF performed an asset deal with Alanko, a German based supplier of turbochargers.

NRF is proud to announce that it performed an asset deal with Alanko, a German based supplier of turbochargers. This deal follows the decision of NRF to add turbocharges to its existing product portfolio. NRF is constantly expanding the product portfolio to serve its clients in the best possible way. This asset deal gives NRF a strong start in the turbocharger business. As part of the deal NRF also acquired the name Alanko. NRF will employ the current management team of Alanko to secure knowledge ofAlanko on turbochargers.

Shares of Banco Products (I) Limited was last trading in BSE at Rs. 367.55 as compared to the previous close of Rs. 366.85. The total number of shares traded during the day was 7487 in over 471 trades.

The stock hit an intraday high of Rs. 371.50 and intraday low of 363.75. The net turnover during the day was Rs. 2757702.00.

Source : Equity Bulls

Keywords

BancoProductsIndia INE213C01025 NRF Turbocharges