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Bosch Ltd remains under pressure

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Capital Market
Last Updated : Aug 23 2021 | 2:04 PM IST

Bosch Ltd is quoting at Rs 13627.3, down 0.36% on the day as on 13:24 IST on the NSE. The stock tumbled 4.01% in last one year as compared to a 44.02% rally in NIFTY and a 23.61% spurt in the Nifty Auto index.

Bosch Ltd fell for a fifth straight session today. The stock is quoting at Rs 13627.3, down 0.36% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.38% on the day, quoting at 16513.5. The Sensex is at 55599.37, up 0.49%.Bosch Ltd has eased around 9.04% in last one month.Meanwhile, Nifty Auto index of which Bosch Ltd is a constituent, has eased around 3.09% in last one month and is currently quoting at 9904.7, down 0.81% on the day. The volume in the stock stood at 21255 shares today, compared to the daily average of 47020 shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 13631.1, down 0.31% on the day. Bosch Ltd tumbled 4.01% in last one year as compared to a 44.02% rally in NIFTY and a 23.61% spurt in the Nifty Auto index.

The PE of the stock is 30.67 based on TTM earnings ending June 21.

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First Published: Aug 23 2021 | 1:36 PM IST

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