Bosch advances after declaring good Q3 result

Bosch rose 3.03% to Rs 19,930.35 at 15:16 IST on BSE after net profit rose 28.79% to Rs 281.01 crore on 4.85% growth in total income to Rs 3174.18 crore in Q3 December 2017 over Q3 December 2016.

The result was announced during market hours today, 5 February 2018.

Meanwhile, the S&P BSE Sensex was down 309.25 points or 0.88% at 34,757.50.

On the BSE, 3,982 shares were traded on the counter so far as against the average daily volumes of 3,025 shares in the past one quarter. The stock had hit a high of Rs 19,950 and a low of Rs 19,226.60 so far during the day. The stock had hit a 52-week high of Rs 25,245.20 on 19 June 2016 and a 52-week low of Rs 18,602 on 6 December 2017.

The stock had underperformed the market over the past 30 days till 2 February 2018, falling 1.39% compared with 3.23% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 7.81% as against Sensex's 4.1% rise. The scrip also underperformed the market in past one year, declining 13.67% as against Sensex's 24.17% rise.

The large-cap company has equity capital of Rs 30.52 crore. Face value per share is Rs 10.

In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.

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