Bosch share price: Bosch shares down 0.94% as Nifty drops

NEW DELHI: Shares of Ltd. traded 0.94 per cent down in Tuesday’s trade at 12:04PM (IST). Around 991 shares changed hands on the counter.

The stock opened at Rs 15400.0 and touched an intraday high and low of Rs 15400.0 and Rs 15112.7, respectively, in the session so far. The stock of Bosch Ltd. quoted a 52-week high of Rs 16900.0 and a 52-week low of Rs 9850.0.

As per BSE, the total market cap of the Bosch Ltd. stood at Rs 44635.67 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 3332.99 crore for the quarter ended 31-Mar-2021, up 6.11 per cent from previous quarter’s Rs 3140.96 crore and up 40.2 per cent from the year-ago quarter’s Rs 2377.28 crore.

The net profit for latest quarter stood at Rs 483.15 crore, up 497.14 per cent from the corresponding quarter last year.

Shareholding pattern

As of 31-Mar-2021, domestic institutional investors held 3.13 per cent stake in the firm, while foreign institutional investors held 4.33 per cent and the promoters 2.78 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 92.61 and a price-to-book ratio of 3.0. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Bosch Ltd. belongs to the Auto Ancl – Engine Parts industry.

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