Bosch falls 3.38% after split and bonus announcement

Bosch fell 3.38% to ₹50,700 on 6 November 2026, a day after a record high, with ₹52,475 and ₹46,500 as key levels. Bosch Limited [ BOSCHLTD ] fell 3.38% on 6 November 2026 to close at ₹50,700, a day after a record high of ₹52,475. The fall followed the Q2 FY27 results and a 1:5 stock split with a 3:1 bonus issue. Net profit rose 18.6% year on year to ₹839.4 crore, which includes a one-time gain of ₹130 crore. Both proposals need shareholder approval through a postal ballot. On the daily chart, price rose over 20% from the October low near ₹42,700 to the record high, so the rally was already stretched before results. Friday’s candle opened near the high, sold off to ₹50,320 and closed near the lower end of the range on higher volume, which points to event-driven profit booking. RSI is at 65.10, down from near 75, and the broader uptrend since April remains intact. What next: ₹52,475 is the resistance, and a close above it may extend the uptrend. On the downside, the earlier high near ₹50,000 may act as first support, followed by ₹46,500, the 20-day SMA. Conclusion: The trend stays bullish, but price may stay volatile until the postal ballot timeline is known. Disclaimer: I do not hold any position in the stock discussed. This content is informational, not a recommendation. Investments in securities are subject to market risks. Read all related documents carefully before investing.