Bosch share price: Bosch shares drop 0.3% as Sensex rises

Shares of Ltd. traded 0.3 per cent lower in Thursday’s session at 01:07PM (IST). The stock opened at Rs 15550.0 and has touched an intraday high and low of Rs 16001.7 and Rs 15550.0, respectively, during the session so far.

The stock quoted a 52-week high of Rs 16900.0 and a 52-week low of 10329.1. About 1,283 shares changed hands on the counter so far.

Benchmark Nifty50 was up 74.5 points at 15709.85, while the BSE Sensex traded 246.54 points higher at 52188.18 at the time of writing of this report.

In the Nifty pack, 33 stocks traded the day in the green, while 16 were in the red.

Key Financials

For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 3332.99 crore, up 6.11 per cent from the previous quarter’s Rs 3140.96 crore and up 40.2 per cent from the year-ago quarter. The company reported net profit of Rs 483.15 crore for the latest quarter.


Promoter Holdings

Promoters held 70.54 per cent stake in the company as of 31-Mar-2021, while FIIs held 4.33 per cent and MFs 3.13 per cent.

Technicals

On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 13810.51 on June 10, while the 50-DMA was at Rs 14372.01. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.

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