Page 3 - Bosch

Falling raw material prices, demand recovery to drive gains for Bosch stock

Within mobility solutions, sales growth (up 48 per cent year-on-year or YoY) was led by the bread-and-butter powertrain segment, followed by aftermarket and two-wheeler business

Bosch to invest over Rs 200 crore in India's auto sector in next 5 years

Bosch will invest over Rs 200 crore in India in the next five years in advanced automotive technologies and digital mobility space

Bosch India unveils first smart campus to house 10,000 experts

Inaugurating the Bosch Smart Campus, Prime Minister Narendra Modi said that this campus will take lead in developing futuristic products and solutions for India and for the world

Bosch India will take lead in developing futuristic products: PM Modi

Prime Minister Narendra Modi on Thursday virtually inaugurated the new 'smart' campus of Bosch India, a leading supplier of technology and services in Bengaluru.Speaking at the inauguration ceremony, PM Modi said, "It is a special year for both India and Bosch India, as the nation celebrates 75 years of Independence and Bosch celebrates a century of its presence in India. Bosch came to India as a German company about 100 years ago and now it is as much Indian as German. This is a great example of German engineering and Indian energy."The Prime Minister highlighted the importance of the Bosch Smart Campus in the development of futuristic products and solutions for India and the world."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 added.Meanwhile, Karnataka Chief Minister Basavaraj Bommai, the chief guest at the ceremony, applauded the work done

Bosch India unveils first smart campus with capacity to house 10k experts

Inaugurating the Bosch Smart Campus, Prime Minister Narendra Modi said that this campus will take lead in developing futuristic products and solutions for India and for the world

Bosch Ltd net profit declines 27% to Rs 350.5 crore in March quarter

Auto components major Bosch Ltd on Thursday reported a 27.28 per cent decline in consolidated net profit at Rs 350.5 crore in the fourth quarter ended March 2022 dragged down by higher expenses. The company had posted a consolidated net profit of Rs 482 crore in the same period previous fiscal, Bosch Ltd said in a regulatory filing. Consolidated revenue from operations during the period under review stood at Rs 3,311 crore as against Rs 3,215.9 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 2,972.2 crore as compared to Rs 2,693 crore a year ago, it added. For the fiscal ended March 31, 2022, consolidated net profit was at Rs 1,217 crore. It stood at Rs 480.7 crore in the previous fiscal, the company said. Bosch said its consolidated revenue from operations in FY22 was at Rs 11,781.6 crore in comparison to Rs 9,716.2 crore in FY21. The company said its board of directors recommended a dividend of Rs 110 per equity share of Rs 10 each

Stocks to Watch: ITC, Lupin, Ruchi Soya, Manappuram Finance, JSW, Biocon

Stocks to Watch: The US markets suffered the biggest one-day sell-off in almost two years -Investors worry about inflation and its impact on earnings and prospects for monetary policy tightening

Bosch acquires 26% stake in B2B e-commerce firm Autozilla Solutions

The Hyderabad-based, Autozilla Solutions specialises in the development of electronic parts catalogues for spare parts

Major Chinese industrial city steps up Covid control; Bosch affected

The city of Suzhou - a trading, commercial and industrial hub in the eastern province of Jiangsu - reported eight domestically transmitted infections with confirmed symptoms for Monday

Bosch net profit rises 27.5% to Rs 234.79 crore in December quarter

The company had posted a consolidated net profit of Rs 184.15 crore in the same period last fiscal

Bosch to invest over Rs 1,000 cr in localisation of advanced auto tech

Technology and services supplier Bosch, which has completed 100 years of its presence in the Indian market, has said it will invest more than Rs 1,000 crore in the localisation of advanced automotive technologies over the next five years. Besides, the company also launched its mobility marketplace to provide its mobility-related assets under one platform. Bosch opened its first sales agency in Kolkata in 1922. It currently has 18 manufacturing sites and seven development and application centres, employing close to 31,500 associates. "Bosch India has brought together the best of German engineering and Indian entrepreneurship to develop innovative products across all segments," said Stefan Hartung, chairman of the board of management, on Thursday. The company will continue to invest heavily in India to expand its portfolio close to seven per cent of total net sales. Backed by the biggest R&D team outside Germany Bosch's Beyond Mobility business works to the highest international .

Bosch soars 12% in a subdued market on heavy volumes; hits over 2-year high

Analysts at Motilal Oswal Financial Services expect growth in Bosch to rebound faster on account of the revival of the commercial vehicle (CV) cycle and addition of the 2W segment

Maruti Suzuki to slash output in September by 60% over chip shortage

Closure of Bosch plant in Malaysia hurt production in September

Premium valuations, pressure on margins may restrict gains in Bosch

The management is cautious on the near-term outlook

Bosch reports consolidated net profit of Rs 260 cr in Q1

The company had reported a net loss of Rs 121 crore during the April-June quarter of the previous financial year.

Chip shortage is a global phenomenon, may persist till 2022: Bosch

Company's capex plan for FY22 dips for the first time in several years, is pegged at Rs 200 cr

Bosch reports nearly 5x rise in Q4 net profit at Rs 482 crore

The company announced a dividend of Rs 115 per share for the financial year 2020-21

Bosch suspends production at Nashik plant till May 23 due to Covid-19

Auto component major Bosch on Wednesday said it has suspended operations at its Nashik plant from noon till the midnight of May 23 to adhere to state government directives to break the transmission

Saudi local office must for foreign firms to get state contracts from 2024

The government has told foreign companies that, from 2024, they can only secure state contracts if they have local offices

Robert Bosch Engineering India creates separate unit for digital solutions

The unit will manage external business of non-Bosch customers