Latest news with #BoschLtd
Economic Times
a day ago
- Automotive
- Economic Times
Bosch shares jump 3.5% despite Rs 96 crore customs hit
Bosch shares surged nearly 3.5% following a regulatory disclosure regarding a customs order. The company faces a duty demand and penalty totaling Rs 96 crore related to import duty benefits and incorrect classification of automotive components. Despite this financial impact, strong investor interest propelled the stock, with technical indicators suggesting it may be overbought. Tired of too many ads? Remove Ads The Engine Control Unit (ECU) is to be reclassified under CTH 8708 99 00. The Oxygen NOx Sensor is to be reclassified under CTH 9031 80 00. Tired of too many ads? Remove Ads Technical overview Valuation metrics Shares of Bosch were in the spotlight on Friday, gaining nearly 3.5% to close at Rs 35,600, up from the previous close of Rs 34,405. The company currently commands a market capitalisation of approximately Rs 1,05,300 July 3, Bosch filed a regulatory disclosure under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30), informing the exchanges of a significant customs-related order it received on July 2, 2025, from the Principal Commissioner of Customs (Import), Air Cargo Complex, order involves a dispute concerning the wrongful availing of duty benefits under Notification No. 50/2017-Cus, related to the import of automotive components including Rot Speed Sensors, Knock Sensors, and Phase addition to the duty benefit issue, the order highlights the incorrect classification of key parts:The financial impact of this customs order is significant, with Bosch facing a differential duty demand of Rs 66.72 crore, along with a penalty of Rs 29.58 crore, totaling approximately Rs 96 the potential liability, the stock advanced on strong investor interest, reflecting confidence in Bosch's ability to manage the regulatory 14-day Relative Strength Index (RSI) for Bosch Ltd. stands at 74.7, above the typical overbought threshold of 70, suggesting that the stock may be overextended in the short term and could be due for a correction or Bosch is trading above all key moving averages — from the 5-day to the 200-day Simple Moving Averages (SMAs) — indicating strong upward momentum across both short- and long-term current valuation shows a Price-to-Earnings (P/E) ratio of 47.49, indicating that investors are paying about 47 times the company's earnings per Price-to-Sales (P/S) ratio stands at 4.62, showing how the market values the company's revenue. Meanwhile, the Price-to-Book (P/B) ratio of 6.93 suggests the stock is trading at nearly seven times its book value, reflecting a premium price relative to its net assets.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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Business Standard
2 days ago
- Automotive
- Business Standard
Bosch shares rally 5% to hit 6-month high; regains ₹1 trillion market cap
Bosch Limited share price: Share price of Bosch Ltd. hit a six-month high of ₹33,999, as they rallied 5 per cent on the BSE in Thursday's intra-day on expectation of improvement in demand outlook. The company regained the market capitalisation of ₹1 trillion. The stock price of the auto ancillary company is trading at its highest level since January 6, 2025. It had hit a 52-week high of ₹39,052 on October 9, 2024. The stock recovered 31 per cent from its 52-week low level of ₹25,938.20, which it had touched on April 7, 2025. At 11:49 AM; with market cap of ₹1 trillion, Bosch was trading 4.5 per cent higher at ₹33,925 on the BSE, the exchange data shows. Track LIVE Stock Market Updates Bosch outlook With India's heightened focus on infrastructure development, Bosch is well-placed to capitalize on the substantial growth opportunities. Meanwhile, according to media sources, the Indian government has approved a new mandate requiring all new two-wheelers -- scooters, motorcycles, and bikes -- to be equipped with anti-lock braking systems (ABS), regardless of engine capacity, starting January 1, 2026. This regulation extends the current requirement, which applied only to models 125cc and above, to the entire two-wheeler segment. The move aims to significantly reduce road accidents and fatalities, particularly head injuries, as two-wheelers account for a significant portion of both accidents and deaths on Indian roads. Continuing the company's aim to elevate motorcycle safety, Bosch said that the company introduced MSC - Motorcycle Stability Control for the Indian market reaching a wider group of motorcyclists. According to ICICI Securities, this will provide new opportunity for the ancillary space with annual opportunity size pegged at ₹3,000-₹6,000 crore with major beneficiaries being Bosch and Endurance Technologies among others. Bosch's the NOx sensor line at Bidadi is likely to scale up to 2.1 million sensors by 2027. The company has indicated that this production line is made in India for global requirements as well. However, the company has not applied for a PLI incentive for this product. Exports remain a high-priority business for Bosch in India. It continues to export spark plugs and injectors. With the new NOx line ramping up, the company would start exporting these sensors in due course. While there are multiple global headwinds currently, management expects exports to grow in FY26, Motilal Oswal Financial Services said in the Q4 result update. Sector outlook Government initiatives to address the consumption slowdown by improving disposable income through a reduction in income-tax rates, aggressive interest rate cuts and a favourable monsoon outlook augur well for demand recovery around the festive season quarter of Q2FY26F. Analysts at InCred Equities expect sales volume growth to improve by 240 basis points (Bps) year-on-year (Y-o-Y) to 9.5 per cent for the overall automobile sector, aided by cars & commercial vehicles (CVs), as their demand is most sensitive to interest rate cuts. The Pay Commission benefits to government employees in FY27 to aid in building up this momentum. The 2W demand momentum can be sustained, if not hindered by unfavourable policy moves. About the Bosch Group The Bosch Group is a leading supplier of software, technology and services in the areas of mobility solutions, industrial technology, consumer goods, and energy & building technology. The Group boasts its largest development centre outside of Germany in India, which offers comprehensive engineering and technology solutions.
Business Standard
09-06-2025
- Automotive
- Business Standard
Bosch Ltd spurts 0.22%, rises for fifth straight session
Bosch Ltd is quoting at Rs 31665, up 0.22% on the day as on 12:44 IST on the NSE. The stock is up 2.93% in last one year as compared to a 7.99% jump in NIFTY and a 5.05% jump in the Nifty Auto. Bosch Ltd gained for a fifth straight session today. The stock is quoting at Rs 31665, up 0.22% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 25117.25. The Sensex is at 82511.15, up 0.39%. Bosch Ltd has gained around 2.13% in last one month. Meanwhile, Nifty Auto index of which Bosch Ltd is a constituent, has gained around 1.54% in last one month and is currently quoting at 23661.3, up 0.42% on the day. The volume in the stock stood at 10594 shares today, compared to the daily average of 27058 shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 31835, up 0.27% on the day. Bosch Ltd is up 2.93% in last one year as compared to a 7.99% jump in NIFTY and a 5.05% jump in the Nifty Auto index. The PE of the stock is 46.32 based on TTM earnings ending March 25.
Business Upturn
28-05-2025
- Automotive
- Business Upturn
Bosch shares dip 3% on Q4 results
Bosch Ltd shares slipped close to 3% in early trade following the announcement of its Q4 results, despite reporting a solid revenue increase. As of 9:29 AM, the shares were trading 3.22% lower at Rs 31,440.00. The company posted a 16% year-on-year rise in revenue from operations, reaching ₹5,233 crore, driven by robust demand in the tractor and passenger vehicle segments. The Mobility business remained the key growth driver, with revenues climbing 14.9% sequentially. Meanwhile, the Beyond Mobility segment delivered more modest growth of 1.7%. Bosch's operating performance also remained strong, with EBITDA growing 16% year-on-year to ₹647 crore. Margins held steady at 13.17%, showcasing efficient cost management. However, net profit for Q4FY25 came in at ₹554 crore, down 2% compared to ₹564.4 crore in the same period last year. Bosch shares opened and peaked at ₹32,440.00 today, before dipping to a low of ₹31,200.00. The stock remains significantly below its 52-week high of ₹39,088.80 but well above the 52-week low of ₹25,921.60. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
