2025-04-12 02:19:37 pm | Source: Motilal Oswal Financial Services Ltd
Neutral Bosch Ltd For Target Rs. 29,028 by Motilal Oswal Financial Services Ltd
* We expect ~6% YoY revenue growth, driven by aftermarket growth in the mobility division and anticipated improvement in the consumer goods segment. However, weakness in 2W OE demand is likely to limit growth.
* Overall, we expect margins to slightly decline QoQ due to a rise in input costs.
* As a result, we expect Bosch to post 2.5% YoY growth in PAT.
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