Bosch share price: Bosch shares up 0.84% as Nifty gains

NEW DELHI: Shares of Ltd. traded 0.84 per cent up in Monday’s trade at 11:02AM (IST). Around 1,538 shares changed hands on the counter.

The scrip opened at Rs 15709.25 and touched an intraday high and low of Rs 15860.0 and Rs 15693.7, 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 10329.1.

Total market cap of the Bosch Ltd. stood at Rs 46587.12 crore at the time of writing this report.


Key Financials

The company reported consolidated net 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, DIIs held 3.13 per cent stake in the firm, while foreign institutional investors held 4.33 per cent and the promoters 70.54 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 96.66 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.

Source Link