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    Bosch shares down 3.16% as Nifty falls

    Synopsis

    The stock quoted a 52-week high price of Rs 16900.0 and low of Rs 9021.6.

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    Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.

    INSIGHTS

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    PEER COMPANIES

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    Shares of Ltd. rose 3.16 per cent to Rs 13848.95 in Friday's trade. It hit an intraday high of Rs 14370.8 and low of Rs 13680.05, respectively, during the day.

    The stock quoted a 52-week high price of Rs 16900.0 and low of Rs 9021.6.

    As of 01:29PM (IST), the counter saw total traded volume of 2,068 shares with a traded value of Rs 2.88 crore, according to NSE.

    The stock had closed at Rs 14301.4 in the previous session.

    The scrip has declined -0.33 per cent in the past one month till date, while the benchmark BSE Sensex has slipped -2.68 per cent during the same period.

    According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 512.39 while price-to-book ratio stood at 3.0. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.

    The stock belongs to the Auto Ancl - Engine Parts industry.

    Promoter/FII Holding
    Promoters held 2.78 per cent stake in the company as of 31-Mar-2021, while FII and MF ownership in the firm stood at 4.33 per cent and 3.13 per cent, respectively.

    Key Financials
    The company reported consolidated sales of Rs 3140.96 crore for the quarter ended 31-Dec-2020, up 21.71 per cent from the previous quarter's Rs 2580.66 crore and up 17.35 per cent from the year-ago quarter's Rs 2676.58 crore. Its net profit for the latest quarter stood at Rs 184.25 crore, down 3.15 per cent from the same quarter a year ago.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

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