News

Reduce Bosch Ltd For Target Rs.17,599 - ICICI Securities Another quarter of subdued profitability Bosch India’s (BOS) Q1FY24 EBITDAM at 11.3% (down 160bps QoQ) missed consensus and our estimate of ~12.5%. This was because higher mix of traded goods pulled down GM and new business-related expenses increased other expenses, thus impacting overall profitability. Decline in EBITDAM by 160bps QoQ is despite delivering record-high revenue during the quarter driven by increased sales of exhaust gas system components in PVs/CVs along with higher r...
Reduce Bosch Ltd For Target Rs.17,599 - ICICI Securities
Reduce Bosch Ltd For Target Rs.17,599 - ICICI Securities
Source: ICICI Securities
22/08/2023 1:12:59 PM
Bosch Ltd registers 12.8 per cent profit before tax in Q1 FY 2023-24 Bosch Litd, a leading supplier of technology and services, on Tuesday posted its total revenue from operations at Rs 4,158 crore (466 million euros) in Quarter 1 of FY 2023–24, an increase of 17.3 per cent over the same quarter last year. The revenue from operations in Q1 has been higher compared to the previous quarter, mainly due to increased sales of Exhaust Gas Temperature (EGT) components in passenger cars and commercial vehicle segment, outperforming the market, a company relea...
Bosch Ltd registers 12.8 per cent profit before tax in Q1 FY 2023-24
Bosch Ltd registers 12.8 per cent profit before tax in Q1 FY 2023-24
Source: IANS
2/08/2023 9:54:27 AM
Bosch inches up on reporting 22% rise in Q1 consolidated net profit Bosch is currently trading at Rs. 18981.25, up by 8.65 points or 0.05% from its previous closing of Rs. 18972.60 on the BSE. The scrip opened at Rs. 19110.00 and has touched a high and low of Rs. 19200.00 and Rs. 18942.95 respectively. So far 1610 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 19980.00 on 07-Jul-2023 and a 52 week low of Rs. 15301.10 on 29-Sep-2022. Last one week high and low of the scrip stoo...
Bosch inches up on reporting 22% rise in Q1 consolidated net profit
Bosch inches up on reporting 22% rise in Q1 consolidated net profit
Source: Accord Fintech
1/08/2023 2:26:26 PM
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 sto...
Bosch trades higher on reporting 14% rise in Q4 net profit
Bosch trades higher on reporting 14% rise in Q4 net profit
Source: Accord Fintech
11/05/2023 10:59:28 AM
Bosch acquires US chipmaker TSI Semiconductors for $1.5 bn German conglomerate Bosch on Wednesday said it is acquiring US chipmaker TSI Semiconductors for $1.5 billion and converting its manufacturing facilities to state-of-the-art processes. With the planned acquisition, Bosch will significantly expand its global portfolio of silicon carbide (SiC) semiconductors by the end of 2030. Starting in 2026, the first chips will be produced on 200-millimeter wafers based on the innovative material silicon carbide. "With this planned investment ...
Bosch acquires US chipmaker TSI Semiconductors for $1.5 bn
Bosch acquires US chipmaker TSI Semiconductors for $1.5 bn
Source: IANS
27/04/2023 9:27:21 AM
HireMee launches AI employability test for graduates in tough job market Amid growing layoffs especially in the tech industry, talent acquisition and talent management platform HireMee on Friday announced an employability test for graduates to gain an edge with prospective employers. The HireMee's 100-minute online test is a proven diagnostic assessment to calibrate employability skills of youth. Engineering graduates of the 2023 batch and earlier can take the test from the comfort of their home or college on a computer or a mobile phone through a downlo...
HireMee launches AI employability test for graduates in tough job market
HireMee launches AI employability test for graduates in tough job market
Source: IANS
24/03/2023 12:33:08 PM
Buy Bosch Ltd For Target Rs. 20,970 - ICICI Direct Stringent emission norms, premiumisation to benefit... About the stock: Bosch Ltd (Bosch) is a technology leader providing solutions in automotive, industrial technology, consumer goods, energy & building technology. * Mobility solutions (automotive products) comprised ~85% of FY22 sales with share of Business Beyond Mobility at ~15% * Within mobility, it has large presence in diesel-dependent vehicles & tractors Q3FY23 Results: Bosch posted steady Q3FY23 results. * Tot...
Buy Bosch Ltd For Target Rs. 20,970 - ICICI Direct
Buy Bosch Ltd For Target Rs. 20,970 - ICICI Direct
Source: ICICI Direct
14/03/2023 3:41:14 PM
Scholz visits SUN Mobility facility in B'luru, checks out futuristic energy solutions German Chancellor Olaf Scholz who visited the SUN Mobility Technology Centre as part of his day-long visit to Bengaluru on Sunday had first-hand experience of swapping a battery in electric vehicles in India. The leading provider of universal energy infrastructure and services for electric vehicles (EVs), SUN Mobility hosted the German Chancellor at its facility in Bengaluru to showcase India's futuristic mobility and energy solutions for the world. Accompanied by a high-level Germa...
Scholz visits SUN Mobility facility in B'luru, checks out futuristic energy solutions
Scholz visits SUN Mobility facility in B'luru, checks out futuristic energy solutions
Source: IANS
27/02/2023 9:26:46 AM
Bosch Limited registers 11.6 percent profit before tax in Q3 FY 2022-23 Bengaluru, India – Bosch Limited, a leading supplier of technology and services, posted total revenue from operations of INR 3660 crores (415 million euros) in Quarter 3 of FY 2022–23, an increase of 17.7% over same quarter last year. The revenue from operations in this quarter has been flat compared to the previous quarter due to decline in net sales resulting from seasonal impact in the passenger car and tractor sales which has been offset by higher income from se...
Bosch Limited registers 11.6 percent profit before tax in Q3 FY 2022-23
Bosch Limited registers 11.6 percent profit before tax in Q3 FY 2022-23
Source: PR Agency
14/02/2023 4:28:40 PM
Compuage Infocom gains on becoming value added distributor of Bosch Compuage Infocom is currently trading at Rs. 21.00, up by 0.95 points or 4.74% from its previous closing of Rs. 20.05 on the BSE. The scrip opened at Rs. 19.95 and has touched a high and low of Rs. 21.50 and Rs. 19.95 respectively. So far 110642 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 45.64 on 07-Jan-2022 and a 52 week low of Rs. 19.68 on 04-Jul-2022. Last one week high and low of the scrip stood at Rs. ...
Compuage Infocom gains on becoming value added distributor of Bosch
Compuage Infocom gains on becoming value added distributor of Bosch
Source: Accord Fintech
26/12/2022 12:10:23 PM
Buy Bosch Ltd For Target Rs.22,000 - ICICI Direct Technical Outlook • The auto ancillary space continued its primary up trend. Technically, we are constructive on Bosch, which we expect to outperform as it has generated a breakout above long term supply line joining highs since CY15 (| 27990) signalling turnaround after a long period of underperformance • The stock, during CY22, has consolidated and formed a higher base above 13500 that is 50% retracement of the previous major up move (| 7850-19250) • We expect the st...
Buy Bosch Ltd For Target Rs.22,000 - ICICI Direct
Buy Bosch Ltd For Target Rs.22,000 - ICICI Direct
Source: ICICI Direct Ltd
20/12/2022 2:23:09 PM
Add Bosch Ltd For Target Rs.17,105 - ICICI Securities Yet another quarter of subdued profitability Bosch India’s (BOS) Q2FY23 EBITDA margin at 11.8% (down 91bps QoQ) missed consensus estimate of 13.4% due to increase in traded goods mix and elevated cost of sourcing of electronics, despite declining input commodity costs. Revenue growth of 25% YoY was driven by 31%/7.5% YoY growth in powertrain solutions and energy/building tech divisions, respectively, albeit on a low base. With gross margin levels ~800bps lower vs pre-FY20 levels, dec...
Add Bosch Ltd For Target Rs.17,105 - ICICI Securities
Add Bosch Ltd For Target Rs.17,105 - ICICI Securities
Source: ICICI Securities Ltd
22/11/2022 1:43:28 PM
Neutral Bosch Ltd For Target Rs.16,250 - Motilal Oswal Financial Services Margins hurt due to high RM and other costs Won pilot project on hydrogen engine for CVs * BOS’s performance divergence continued in 2QFY23 with good revenue evolution but it continued to disappoint on profitability. We expect continued revenue outperformance on account of a CV cycle revival, higher content, and increase in exports; however, we are waiting for margins to recover to 14-15%. With CMP reflecting all the negatives, we expecting no major re-rating catalysts on the anvi...
Neutral Bosch Ltd For Target Rs.16,250 - Motilal Oswal Financial Services
Neutral Bosch Ltd For Target Rs.16,250 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
21/11/2022 11:14:17 AM
Neutral Bosch Ltd For Target Rs.16,150 - Motilal Oswal Strong revenue growth across businesses Plans to deliver double-digit EBIT margin * BOS’ 1QFY23 performance was a beat on all fronts, led by strong revenue growth. With the easing of supply-chain constraints, it expects PV/LCV volumes to surpass FY18 levels. We expect this outperformance to continue on account of a revival in the CV cycle and an increase in exports, diluted by a weakness in the Tractor cycle. With a margin recovery still awaited, we see no major re-rating catalyst...
Neutral Bosch Ltd For Target Rs.16,150 - Motilal Oswal
Neutral Bosch Ltd For Target Rs.16,150 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
29/10/2022 12:43:05 PM
Buy Bosch Ltd For Target Rs.20,000 - ICICI Direct Healthy performance; favourable growth environment About the stock: Bosch Ltd (Bosch) is a technology leader providing solutions in automotive, industrial technology, consumer goods, energy & building technology. * Mobility solutions (automotive products) comprised ~85% of FY22 sales with share of Business Beyond Mobility at ~15% * Within mobility, it has large presence in diesel-dependent vehicles & tractors Q1FY23 Results: Bosch posted healthy Q1FY23 results. * Total ...
Buy Bosch Ltd For Target Rs.20,000 - ICICI Direct
Buy Bosch Ltd For Target Rs.20,000 - ICICI Direct
Source: ICICI Direct Ltd
30/09/2022 4:18:29 PM
Add Bosch Ltd For Target Rs.18,390 - ICICI Securities Profitability set to improve from current lows Bosch India’s (BOS) Q1FY23 EBITDA margin at 12.7% (down 47bps QoQ) was largely in line with our estimate at 12.5%, amidst peak of raw material (RM) costs and seasonally weak quarter in terms of volume. Revenue growth of 45% YoY was driven by 47%/61%/54% YoY growth in powertrain solutions/aftermarket/nonmobility areas, respectively, with growth being elevated on a low base. With UVs settling at ~50% of PVs, BOS is expecting diesel PV mix ...
Add Bosch Ltd For Target Rs.18,390 - ICICI Securities
Add Bosch Ltd For Target Rs.18,390 - ICICI Securities
Source: ICICI Securities Ltd
21/09/2022 3:47:14 PM
Bosch Q1 net profit up 28.66% at Rs 334.20 cr The company reported standalone net profit of Rs 334.20 crore for the quarter ended June 30, 2022 as compared to Rs 259.76 crore in the same period last year, registering a year-on-year growth of 28.66 per cent. Net revenue of the company rose substantially by 45.05 per cent at Rs 3,544.40 crore in April-June quarter of this fiscal as against Rs 2,443.53 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 44.83 per cent to Rs 3,094.90 cro...
Bosch Q1 net profit up 28.66% at Rs 334.20 cr
Bosch Q1 net profit up 28.66% at Rs 334.20 cr
Source: Dion Global Solutions Ltd
3/08/2022 9:03:45 AM
Key News - NMDC Ltd, Ola Electric Ltd, Sun Estates, Eveready Industries, Bosch By ARETE Securities Key News NMDC cuts prices of lump ore, fines by Rs 500/tonne each, stock falls 5% The country's largest iron ore producer NMDC has slashed the prices of lump ore and fines by Rs 500 a tonne each. Consequently, the company's stock fell over 5% on BSE on Tuesday. The prices are effective from Tuesday, the company which is also the largest seller of the mineral said in a regulatory filing.   Ola Electric unveils lithium-ion cell, to begin mass production by 2023 Ola ...
Key News - NMDC Ltd, Ola Electric Ltd, Sun Estates, Eveready Industries, Bosch By ARETE Securities
Key News - NMDC Ltd, Ola Electric Ltd, Sun Estates, Eveready Industries, Bosch By ARETE Securities
Source: ARETE Securities Ltd
13/07/2022 9:24:54 AM
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 sto...
Bosch shines on inaugurating first smart campus `Spark.NXT`
Bosch shines on inaugurating first smart campus `Spark.NXT`
Source: Accord Fintech
1/07/2022 10:30:11 AM
PM Narendra Modi inaugurates first smart campus of Bosch India in Bengaluru Prime Minister Narendra Modi on Thursday virtually inaugurated Bosch India's first smart campus in Bengaluru built at a cost of Rs 800 crore. "This campus will take lead in developing futuristic products and solutions for India and for the world. I urge Bosch to think of doing more in India and set goals for the next 25 years," he said while inaugurating the Bosch Smart Campus. "It is a special year for both India and Bosch India, as the nation celebrates 75 years of ...
PM Narendra Modi inaugurates first smart campus of Bosch India in Bengaluru
PM Narendra Modi inaugurates first smart campus of Bosch India in Bengaluru
Source: IANS
30/06/2022 1:43:52 PM
Key News - Vodafone Group, Robert Bosch, Barclays, By ARETE Securities Key News Vodafone in talks to sell 5% stake in Indus Towers to Bharti Airtel: Report British telecom giant Vodafone is in discussions to sell around five per cent stake in Indus Towers to Bharti Airtel, according to industry sources. Vodafone currently holds about 28 per cent in Indus Towers. Vodafone's stake of 757.8 million Indus shares was worth roughly Rs 19,070 crore ($2.56 billion) as of Indus's Wednesday closing price on National Stock Exchange.   Bosch acqu...
Key News - Vodafone Group, Robert Bosch, Barclays, By ARETE Securities
Key News - Vodafone Group, Robert Bosch, Barclays, By ARETE Securities
Source: ARETE Securities Ltd
24/02/2022 9:22:01 AM
Add Bosch Ltd For Target Rs.17,281 - ICICI Securities Stands to benefit from OEM cyclical revival Bosch (BOS) reported its Q3FY22 EBITDA margin at 11.5%, down only ~30bps YoY, despite limited benefit from operating leverage and adverse raw material (RM) cost environment. Automotive revenues grew 3% YoY and returned to H2FY21 quarterly run-rate of Rs27bn as against the non-mobility segment growing 7% YoY. BOS is focusing on enhancing its vehicle servicing business along with growing its aftermarket segment at a rate faster than OEM industry gr...
Add Bosch Ltd For Target Rs.17,281 - ICICI Securities
Add Bosch Ltd For Target Rs.17,281 - ICICI Securities
Source: ICICI Securities Ltd
14/02/2022 10:56:13 AM
Neutral Bosch Ltd For Target Rs.17,650 - Motilal Oswal Below our estimate; better than industry growth continues INR20b investment over the next five years in localization and digital platforms * Though revenue growth for BOS continued to outperform the underlying industry volume trends, revenue/EBITDA missed our estimate due to weakness in the Power Tool business. We expect this outperformance to continue on account of a CV cycle revival, higher content, and increase in exports. However, a margin recovery is still awaited. Since the CMP re...
Neutral Bosch Ltd For Target Rs.17,650 - Motilal Oswal
Neutral Bosch Ltd For Target Rs.17,650 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
10/02/2022 10:53:53 AM
German MNC Bosch to set up facility in Hyderabad German multinational Bosch Global Software Technologies has agreed to set up their facility in Telangana which will provide employment for about 3,000 people, the state government said on Tuesday. During a virtual meeting with the leadership team of Bosch, Information Technology and Industries Minister K.T. Rama Rao welcomed the company. "BOSCH in Hyderabad! German MNC & a world leader in Mobility, Industrial Engineering & Home Appliances has chosen Hyderabad as a strategic...
German MNC Bosch to set up facility in Hyderabad
German MNC Bosch to set up facility in Hyderabad
Source: IANS
9/02/2022 9:21:49 AM
Bosch trades marginally higher on planning to invest over Rs 1000 crore in localisation of advanced auto tech Bosch is currently trading at Rs. 16615.55, up by 24.60 points or 0.15% from its previous closing of Rs. 16590.95 on the BSE. The scrip opened at Rs. 16645.75 and has touched a high and low of Rs. 16689.65 and Rs. 16559.40 respectively. So far 258 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. 13227.40 on 03-May-2021. Last one week high and low of the scrip stoo...
Bosch trades marginally higher on planning to invest over Rs 1000 crore in localisation of advanced auto tech
Bosch trades marginally higher on planning to invest over Rs 1000 crore in localisation of advanced auto tech
Source: Accord Fintech
4/02/2022 10:32:36 AM
Neutral Bosch Ltd For Target Rs.18,250 - Motilal Oswal Sales growth remains strong, one-off RM cost hurts margin Strong growth in Power Tools and exports; semiconductor supplies to ease gradually * Operating performance was impacted by a one-off RM cost in 2QFY22, though BOS continues to grow faster than the underlying Auto industry. We expect revenue to continue to grow faster on account of a CV cycle revival, content increase, and higher exports. However, a margin recovery is still awaited. The CMP is largely reflecting all the negatives,...
Neutral Bosch Ltd For Target Rs.18,250 - Motilal Oswal
Neutral Bosch Ltd For Target Rs.18,250 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
1/01/2022 10:09:25 AM
Sell Bosch Ltd For Target Rs.13,774 - ICICI Securities Margins likely to improve gradually Bosch’s (BOS) Q2FY22 operating performance was in-line with consensus estimates as adj. EBITDA margin was up just 63bps YoY to 12.3%. However, gross margin contraction of 343bps YoY to 37.2% was largely on account of higher RM inflation and elevated share of traded goods (~58% of RM cost). Automotive revenue grew ~15% YoY on the back of mobility division (up ~16% YoY) while non-automotive revenue rose ~41% on a low base. We expect growth tailwind o...
Sell Bosch Ltd For Target Rs.13,774 - ICICI Securities
Sell Bosch Ltd For Target Rs.13,774 - ICICI Securities
Source: ICICI Securities Ltd
17/12/2021 10:29:42 AM
Hold Bosch Ltd For Target Rs.20,100 - ICICI Direct Technology leader, steady growth prospects… About the stock: Bosch Ltd (Bosch) is a technology leader providing solutions in automotive, industrial technology, consumer goods, energy & building technology. * Mobility solutions (automotive products) comprised ~85% of FY21 sales with share of Business Beyond Mobility at ~15% * Within mobility, it has large presence in diesel-dependent vehicles & tractors   Q2FY22 Results: Bosch posted muted Q2FY22 results. ...
Hold Bosch Ltd For Target Rs.20,100 - ICICI Direct
Hold Bosch Ltd For Target Rs.20,100 - ICICI Direct
Source: ICICI Direct
14/12/2021 11:35:27 AM
Neutral Bosch Ltd For Target Rs.18,250 - Motilal Oswal Sales growth remains strong, one-off RM cost hurts margin Strong growth in Power Tools and exports; semiconductor supplies to ease gradually * Operating performance was impacted by a one-off RM cost in 2QFY22, though BOS continues to grow faster than the underlying Auto industry. We expect revenue to continue to grow faster on account of a CV cycle revival, content increase, and higher exports. However, a margin recovery is still awaited. The CMP is largely reflecting all the negat...
Neutral Bosch Ltd For Target Rs.18,250 - Motilal Oswal
Neutral Bosch Ltd For Target Rs.18,250 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
11/12/2021 11:45:29 AM
Sell Bosch Ltd For Target Rs.12,327 - ICICI Securities Margin challenges likely to persist Bosch’s (BOS) Q1FY22 operating performance was ahead of consensus estimates as adj. EBITDA margin fell just 176bps QoQ to 12.5%. However, we believe the gross margin expansion of 250bps QoQ to 41.1% was aided by inventorisation (unsustainable) benefit to unit costs. Automotive revenue declined ~22% QoQ on the back of mobility division (down ~24% QoQ) while non-automotive revenue fell ~38%. We expect growth tailwind of tractor segment to slow dow...
Sell Bosch Ltd For Target Rs.12,327 - ICICI Securities
Sell Bosch Ltd For Target Rs.12,327 - ICICI Securities
Source: ICICI Securities
17/09/2021 12:02:26 PM
Hold Bosch Ltd For Target Rs.15,730 - ICICI Direct Near term outlook cautious amid global chip shortage About the stock: Bosch Ltd (Bosch) is a technology leader providing solutions in automotive, industrial technology, consumer goods, energy & building technology. * Mobility solutions (automotive products) formed ~85% of FY21 sales with share of Business Beyond Mobility at ~15% * Within mobility, it has large presence in diesel-dependent vehicles & tractors   Q1FY22 Results: Bosch posted muted Q1FY22 results. *...
Hold Bosch Ltd For Target Rs.15,730 - ICICI Direct
Hold Bosch Ltd For Target Rs.15,730 - ICICI Direct
Source: ICICI Direct
17/09/2021 10:44:59 AM
Neutral Bosch Ltd For Target Rs.16,650 - Motilal Oswal Above est; revenue outperformance continues Margin recovery awaited; hinges on localization and operating leverage * Bosch (BOS)’s 1QFY22 performance was driven by higher revenues and better gross margins. We expect growth in BOS to rebound faster on account of (a) the revival of the CV cycle, (b) the addition of the 2W segment, and (c) content increase. BOS’ stock price largely reflects all the negatives, but there are no major re-rating catalysts on the anvil. * We upgr...
Neutral Bosch Ltd For Target Rs.16,650 - Motilal Oswal
Neutral Bosch Ltd For Target Rs.16,650 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
6/09/2021 11:11:34 AM
Sell Bosch Ltd For Target Rs. 11,773 - ICICI Securities Margin challenges persist Bosch’s (BOS) Q4FY21 operating performance missed consensus estimates as adj. EBITDA margin fell 95bps YoY to 14.3%. Gross margins slipped 745bps YoY to 38.6% due to weaker product mix (traded goods share rose to ~71% of raw material cost) and higher commodity costs. Automotive revenues rose ~47% YoY on the back of mobility division (up 57% YoY) while non-automotive revenues grew ~25%. We expect growth tailwind of tractor segment to slow down in FY22/23 w...
Sell Bosch Ltd For Target Rs. 11,773 - ICICI Securities
Sell Bosch Ltd For Target Rs. 11,773 - ICICI Securities
Source: ICICI Securities Ltd
16/06/2021 10:54:44 AM
Neutral Bosch Ltd For Target Rs.15,850 - Motilal Oswal Above estimates; strong traction in revenue continues… … but margin recovery yet to happen due to higher traded content * Revenue continued to grow faster than underlying industry growth in 4QFY21. While the current situation will impact demand in the near term, we expect growth to rebound faster on account of strong Tractor demand, addition of the 2W segment, and higher content. The stock price largely reflects all the negatives, but there are no major re-rating catalysts...
Neutral Bosch Ltd For Target Rs.15,850 - Motilal Oswal
Neutral Bosch Ltd For Target Rs.15,850 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
14/06/2021 9:47:41 AM
Bosch launches AIoT platform for real-time energy management  Robert Bosch Engineering and Business Solutions (RBEI) on Wednesday launched an AIoT (Artificial Intelligence of Things) platform called Phantom Edge that provides real-time electrical energy consumption, operating usage, electrical parameters and appliance-level information. The AIoT platform, for which the price was yet to be revealed, can be used for real-time energy monitoring in retail, residential, mobility, healthcare, agriculture and commercial spaces. It provides granular...
Bosch launches AIoT platform for real-time energy management
Bosch launches AIoT platform for real-time energy management
Source: IANS
26/05/2021 2:25:22 PM
Bosch India`s net profit down 26% Diversified technology solutions company Bosch India on Thursday reported a decline of 26 per cent in its net profit for FY20-21 on a year-on-year basis. The company's annual net profit for FY20-21 stood at Rs 482.5 crore as against Rs 649.8 crore reported for the corresponding previous year. The company had made a provision of Rs 743.8 crore towards various restructuring, reskilling and redeployment initiatives during FY21. On a quarterly basis, the net profit after tax (PAT) in...
Bosch India`s net profit down 26%
Bosch India`s net profit down 26%
Source: IANS
21/05/2021 12:24:17 PM
Neutral Bosch Ltd For Target Rs.15,550 - Motilal Oswal Outlook improves, to reach FY19 revenue levels in FY22 EVs: Good presence in 2Ws/PVs | PLI opportunity attractive, but awaits clarity We hosted the senior management of Bosch. Our meeting with Mr. Soumitra Bhattachrya, MD, Bosch, and Regional President, Bosch Group India, included discussions on the business, its preparedness for technological disruptions, and the PLI opportunity. * Demand recovery better than originally estimated: The outlook has improved from initial expectations...
Neutral Bosch Ltd For Target Rs.15,550 - Motilal Oswal
Neutral Bosch Ltd For Target Rs.15,550 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
1/04/2021 9:17:47 AM
Neutral Bosch Ltd For Target Rs. 15,650 - Motilal Oswal In-line; revenue growth outperforms industry growth Semiconductor uncertainty to persist in 1HCY21 * Bosch (BOS)’s 3QFY21 revenue grew faster than underlying industry growth. We expect this trend to continue on account of strong tractor demand, the addition of the 2W segment, and content increase. BOS’ stock price largely reflects all the negatives, but a re-rating catalyst may emerge within 2–3 quarters, in our view. * We upgrade our FY22E EPS by 5%, reflecting a ...
Neutral Bosch Ltd For Target Rs. 15,650 - Motilal Oswal
Neutral Bosch Ltd For Target Rs. 15,650 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
11/03/2021 12:28:52 PM