Bosch trades higher on reporting 14% rise in Q4 net profit
Bosch is currently trading at Rs. 19609.05, up by 250.00 points or 1.29% from its previous closing of Rs. 19359.05 on the BSE.
The scrip opened at Rs. 19283.00 and has touched a high and low of Rs. 19650.00 and Rs. 19058.70 respectively. So far 847 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 19854.20 on 02-May-2023 and a 52 week low of Rs. 12940.10 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 19650.00 and Rs. 18999.15 respectively. The current market cap of the company is Rs. 56829.82 crore.
The promoters holding in the company stood at 70.54%, while Institutions and Non-Institutions held 20.47% and 8.98% respectively.
Bosch has reported 13.80% rise in its net profit at Rs 399.00 crore for fourth quarter ended March 31, 2023 as compared to Rs 350.60 crore for the same quarter in the previous year. Total income of the company increased by 23.57% at Rs 4,199.30 crore for Q4FY23 as compared to Rs 3,398.20 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported rise of 17.03% in its net profit at Rs 1,424.50 crore as compared to Rs 1,217.20 crore for the previous year. However, total income of the company increased by 26.54% at Rs 15,402.70 crore for year under review as compared to Rs 12,172.50 crore for year ended March 31, 2022
