Bosch Stock Price: Bosch shares down 2.94% as Nifty falls

Shares of Ltd. rose 2.94 per cent to Rs 13450.0 in Monday’s trade. It hit an intraday high of Rs 13595.4 and low of Rs 13260.0, respectively, during the day.

The stock quoted a 52-week high price of Rs 16900.0 and low of Rs 9021.6.

As of 11:33AM (IST), the counter saw total traded volume of 772 shares with a traded value of Rs 1.04 crore, according to NSE.

The stock had closed at Rs 13857.9 in the previous session.

The scrip has declined -7.46 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -5.47 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 498.84 while price-to-book ratio stood at 3.0. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Auto Ancl – Engine Parts industry.

Promoter/FII Holding
Promoters held 2.78 per cent stake in the company as of 31-Mar-2021, while FII and MF ownership in the firm stood at 4.33 per cent and 3.13 per cent, respectively.

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 the previous quarter’s Rs 2580.66 crore and up 17.35 per cent from the year-ago quarter’s Rs 2676.58 crore. Its net profit for the latest quarter stood at Rs 184.25 crore, down 3.15 per cent from the same quarter a year ago.

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