The return on equity (ROE) for the stock stood at 7.01 per cent. Traded volume on the counter stood at 12:04PM shares and turnover at Rs 0.35 crore around that time. The stock of Bosch Ltd. quoted a 52-week high price of Rs 16900.0 and 52-week low prices of Rs 9021.6, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 0.84.
Promotor/FII Holding
Promoters held 2.78 per cent stake in the company as of 31-Mar-2021, while FIIs held 4.33 per cent and domestic institutional investors had 3.13 per cent.
Key Financials
The company reported consolidated sales of Rs 3140.96 crore for the quarter ended 31-Dec-2020, up 21.71 per cent from previous quarter’s Rs 2580.66 crore and up 17.35 per cent from the year-ago quarter’s Rs 2676.58 crore. Net profit after tax for the latest quarter stood at Rs 184.25 crore, down 3.15 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.
It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
