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Neutral Bosch Ltd For Target Rs. 29,540 By Motilal Oswal Financial Services Ltd Weak results; higher imports continue to hurt margins Power Tools business: India now a regional hub for SAARC Bosch’s (BOS) 1QFY25 performance was weak as EBITDA/PAT came in lower than expected at INR5.2b/INR4.7b (est. INR5.99b/INR5.4b), due to a higher import mix and other expenses (warranty provision). While the management focuses on boosting localization in the long term, it expects a rise in imports in the interim due to the transition to common rail systems. * We cut our ...
Neutral Bosch Ltd For Target Rs. 29,540 By Motilal Oswal Financial Services Ltd
Neutral Bosch Ltd For Target Rs. 29,540 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-08-24 02:06:20 pm
Government tells auto firms to liberalise repair services for consumers` benefit The Centre’s Department of Consumer Affairs has asked automobile manufacturers to enhance efforts towards democratisation of repair manuals and videos accessible to all, fostering a robust ecosystem for third-party repair services and upholding consumer rights.  The issue was taken up by Secretary, Department Consumer Affairs, Nidhi Khare at a meeting with Automobile Associations and their partner companies in the Automobile Sector with the objective of onboarding auto companies...
Government tells auto firms to liberalise repair services for consumers` benefit
Government tells auto firms to liberalise repair services for consumers` benefit
Source: IANS
2024-07-07 09:00:40 am
India`s Bosch posts Q4 profit rise on higher demand Bosch, the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 41.5% climb in fourth-quarter profit on Friday, helped by better demand for its automotive products and consumer goods. Net profit rose to 5.65 billion rupees ($67.99 million) in the quarter ended March 31 from 3.99 billion rupees a year earlier for the company, which makes auto parts and accessories for cars, two wheelers and railways among others. India's total vehicle production during the January-M...
India`s Bosch posts Q4 profit rise on higher demand
India`s Bosch posts Q4 profit rise on higher demand
Source: IANS
2024-05-24 06:07:25 pm
Tata Elxsi logs 13 pc revenue growth, announces 700 pc dividend for FY24 IT major Tata Elxsi on Tuesday declared its fourth quarter results, with 13 per cent revenue growth at Rs 3,552.1 crore and profit before tax (PBT) at Rs 1,048.7 crore for the first time, an 11.9 per cent growth (year-on-year). Software development and services (SDS) grew by 9.3 per cent YoY while system integration and support (SIS) went up by 18.6 per cent. The board has recommended a final dividend of 700 per cent (Rs 70 per equity share of par value of Rs 10 each) for the financial ...
Tata Elxsi logs 13 pc revenue growth, announces 700 pc dividend for FY24
Tata Elxsi logs 13 pc revenue growth, announces 700 pc dividend for FY24
Source: IANS
2024-04-24 09:19:06 am
Stakes in solar power companies to get green power at cheaper rate: Bosch Automotive components and consumer goods player Bosch Ltd, in order to source green power at a cheaper rate, will acquire small stakes in two solar power companies for a cash consideration of about Rs 4.88 crore. The two companies are AMP Energy C&l Eight Private Limited and the Special Purpose Vehicle (SPV) incorporated by the CSE Development (India) Pvt. Ltd. In a regulatory filing, Bosch said the company will invest an amount not exceeding Rs 4.37 crore in AMP Energy C&l Eigh...
Stakes in solar power companies to get green power at cheaper rate: Bosch
Stakes in solar power companies to get green power at cheaper rate: Bosch
Source: IANS
2024-02-15 10:28:18 am
Bosch to acquire minority stake in solar power companies; logs Rs 518cr Q3 net Automotive components and consumer goods player Bosch Ltd will acquire a small stake in two solar power generation companies at an outlay of about Rs 4.88 crore. The company closed the third quarter of FY24 with a net profit of about Rs 518.1 crore (Q3FY23 Rs 318.9 crore) on an operational revenue of about Rs 4,205.2 crore (Rs 3,659.9 crore of corresponding period). The company's Board declared an interim dividend of Rs 205 per share for the financial year 2023-24. According to B...
Bosch to acquire minority stake in solar power companies; logs Rs 518cr Q3 net
Bosch to acquire minority stake in solar power companies; logs Rs 518cr Q3 net
Source: IANS
2024-02-14 09:56:13 am
Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share Auto components major Bosch Ltd on Tuesday reported a 62 per cent jump in net profit at Rs 518 crore for the October-November quarter of the current financial year compared to the corresponding figure of Rs 318.9 crore in the same quarter of the previous year. The company said the net profit is 12.3 per cent of revenue from operations. The Board of directors in their meeting held on February 13, declared a special payout in the form of an Interim Dividend of Rs 205 per equity share of R...
Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share
Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share
Source: IANS
2024-02-13 05:20:36 pm
Business sale profit boosts Bosch`s Q2 profit to Rs.998 crore, to divest stakes in Hinduja Renewables  Automotive and consumer products maker Bosch Ltd on Thursday said it closed the second quarter of FY24 with a net profit of Rs.998.9 crore. The company also said the Board has approved the sale of 34,64,316 equity shares representing 16.90 per cent of paid-up share capital of Hinduja Renewables One Private Limited. According to Bosch, the sale price will be at the face value of the shares, that is, Rs.10 and the reason for the sale is that the investment has become financially not...
Business sale profit boosts Bosch`s Q2 profit to Rs.998 crore, to divest stakes in Hinduja Renewables
Business sale profit boosts Bosch`s Q2 profit to Rs.998 crore, to divest stakes in Hinduja Renewables
Source: IANS
2023-11-09 05:45:49 pm