Bosch shares slip nearly 4% after stock split and bonus

BOSCHLTD Bosch Ltd fell about 4% to around ₹50,375 in afternoon trade on Friday after the company announced a 1:5 stock split and a 3:1 bonus issue alongside its September quarter ***** board approved the sub-division of each existing equity share of ₹10 face value into five equity shares of ₹2 each. Following the split, it plans to issue three bonus shares of ₹2 face value for every one share held. The proposals are subject to shareholder approval through a postal ballot and are expected to be completed within two ***** the July-September quarter of FY27, Bosch reported a consolidated net profit of ₹839.4 crore, up 18.6% year-on-year from ₹708 crore. Revenue from operations rose 28.2% to ₹7,655 crore, driven by strong demand in the automotive segment. EBITDA increased 23.2% to ₹1,037 crore. The profit included a one-time gain of ₹130 crore.