Bosch strengthens on reporting 31% growth in Q3 net profit

Bosch is currently trading at Rs 15550.00, up by 141.55 points or 0.92% from its previous closing of Rs. 15408.45 on the BSE.

The scrip opened at Rs 15375.00 and has touched a high and low of Rs. 15870.75 and Rs. 15350.00 respectively. So far 4132 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 15629.45 on 03-Nov-2014 and a 52 week low of Rs. 8466.20 on 26-Nov-2013.

Last one week high and low of the scrip stood at Rs. 15505.00 and Rs. 15124.00 respectively. The current market cap of the company is Rs. 48824.98 crore.

The promoters holding in the company stood at 71.18% while Institutions and Non-Institutions held 18.93% and 9.90% respectively.

Bosch has posted a rise of 30.78% in its net profit at Rs 306.36 crore for the quarter ended September 30, 2014 as compared to Rs 234.25 crore for the same quarter in the previous year. Total income has increased by 19.82% at Rs 2676.43 crore for quarter under review as compared to Rs 2233.58 crore for the quarter ended September 30, 2013.

Bosch is a major player in the diesel segment and 60% of its sales come from diesel segment. It is also among the larger suppliers of common rail direct injection (CRDI) systems in India. The company buys half of the components required for the CRDI systems (by value) locally.