Bosch shines on inaugurating first smart campus `Spark.NXT`
Bosch is currently trading at Rs. 15578.50, up by 351.45 points or 2.31% from its previous closing of Rs. 15227.05 on the BSE.
The scrip opened at Rs. 15251.45 and has touched a high and low of Rs. 15720.95 and Rs. 15215.00 respectively. So far 675 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 19244.50 on 10-Nov-2021 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. 15720.95 and Rs. 14336.85 respectively. The current market cap of the company is Rs. 46128.05 crore.
The promoters holding in the company stood at 70.54%, while Institutions and Non-Institutions held 19.87% and 9.59% respectively.
Bosch India has inaugurated its first smart campus. The company is expanding its AIoT activities in India by transforming its headquarters in Adugodi, Bengaluru, into a new smart campus called Spark.NXT. Over the last five years, Bosch has invested Rs 800 crore in developing the campus, which has the capacity to potentially house 10,000 associates. The 76-acre site is Bosch’s first smart campus in India and features multiple smart solutions based on sustainability, security, and user experience for associates, visitors, and facility management.
As an AIoT company, Bosch India leveraged its world-class AI, IoT, automation, and digitalisation capabilities to develop its smart campus in pursuit of its vision for a sustainable, self-reliant, and future-ready India. To further enhance its R&D capabilities for the new way of working, Bosch India has also trained over 10,000 associates through a comprehensive reskilling initiative over the past 2 years.
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.