Bosch share price: Bosch shares rise 1.08 per cent in Friday’s trading session

Shares of Ltd. rose 1.08 per cent to Rs 15959.9 in Friday’s trade as of 10:53AM (IST) even as the benchmark Nifty ruled at 15821.60, up 83.85 points.

The scrip had closed at Rs 15789.9 in the previous session. The stock quoted a 52-week low of Rs 10329.1 and a high of Rs 16900.0. The company quoted a market-cap of Rs 47141.01 crore on the BSE.

On BSE, 1,358 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 97.81 times its trailing 12-month EPS of Rs 163.42 per share and 3.0 times its book value. The return on equity (ROE) stood at Rs 4.91.


Key Financials

For the quarter ended 31-Mar-2021, Bosch Ltd. reported consolidated sales of Rs 3332.99 crore, up 40.2 per cent from the same quarter a year ago. The company reported 497.14 per cent YoY growth in net profit at Rs 483.15 crore for the latest quarter.

Technical indicators

The relative strength index (RSI) of the stock stood at Friday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.

Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.

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