Bosch trades highest since March 2020, surges 13% in range-bound market

Since May 22, post Q4FY20 results, Bosch has outperformed the market by surging 45 per cent as compared to 18 per cent rise in the benchmark S&P BSE Sensex index.

Bosch shares hit a four-month high of Rs 13,556, ralling 12 per cent in the intra-day trade, on the BSE on Tuesday in an otherwise range-bound market, and were trading at their highest level since March 4, 2020. At 01:29 pm, the stock of the auto ancillary company was trading 11 per cent higher at Rs 13,358 as compared to 0.38 per cent rise in the S&P BSE Sensex. 

Since May 22, post January-March quarter (Q4FY20) results, the stock price of Bosch has outperformed the market by surging 45 per cent as compared to 18 per cent rise in the benchmark