Bosch share price: Bosch stock price down 0.23 per cent as Sensex slides

Shares of Ltd. fell 0.23 per cent to Rs 15884.25 at 12:47PM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 1,740 shares with a turnover of Rs 2.74 crore till 12:47PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 97.14, while the price-to-book value ratio stood at 3.0.

Return on equity (ROE) was at 4.91 per cent, according to exchange data. The stock hit an intraday high of Rs 15999.0 and a low of Rs 15583.15 during the session and quoted a 52-week high price of Rs 16900.0 and a 52-week low of Rs 10329.1.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.84.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 13827.66 on June 14, while the 50-DMA was at Rs 14448.41. 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 below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 66.81. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2021, promoters held 70.54 per cent stake in the company, while foreign institutional investors held 4.33 per cent and domestic institutional investors had 16.19 per cent.

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