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saurabh mittal

2 hours ago · SEBI Registration INH000022835

Bosch Ltd newsflow was dominated by its announcement

BOSCHLTD
Bosch Ltd’s newsflow was dominated by its announcement that the board will consider a stock split and bonus issue on 6 November, sending the shares to a record high. The stock traded around ₹49,630, up about 3.2% intraday, with an intraday high of ₹50,500 and a market cap of roughly ₹1.46 lakh crore. The board will consider a sub-division of existing equity shares (currently ₹10 face value) and a bonus issue, both subject to shareholder approval, marking Bosch’s first stock split in 22 years and first-ever bonus issue. The shares hit a 52-week and all-time high of ₹50,470 on 3 November, up about 34% over the past year and 38% year-to-date, significantly outperforming the Sensex. Derivatives open interest jumped about 14% to 17,192 contracts, alongside higher volumes, indicating strong market participation. In Q1 FY27, Bosch reported revenue of ₹5,841.9 crore (up 22% YoY) and PBDIT of ₹821.1 crore (14.06% margin), though net profit fell about 36.7% YoY on margin pressure.

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