/ Bosch Declines On Reporting 50% fall in Q2 Net Profit ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 10 November 2017

Bosch is currently trading at Rs. 20571.30, down by 531.70 points or 2.52% from its previous closing of Rs. 21103.00 on the BSE.

The scrip opened at Rs. 21105.00 and has touched a high and low of Rs. 21123.50 and Rs. 19321.00 respectively. So far 816 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 25245.20 on 19-Jun-2017 and a 52 week low of Rs. 18005.00 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 21272.00 and Rs. 19321.00 respectively. The current market cap of the company is Rs. 63940.95 crore.

The promoters holding in the company stood at 70.49%, while institutions and non-institutions held 20.09% and 9.43% respectively.

Bosch has reported 49.79 % fall in its net profit at Rs 353.34 crore for the quarter ended September 30, 2017 as compared to Rs 703.74 crore for the same quarter in the previous year. The total income of the company decreased by 2.84% at Rs 2940.88 crore for Q2FY18 as compared Rs 3026.96 crore for the corresponding quarter previous year.

Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions.

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