Saturday, March 08, 2025 | 02:57 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Bosch soars 12% in a subdued market on heavy volumes; hits over 2-year high

Analysts at Motilal Oswal Financial Services expect growth in Bosch to rebound faster on account of the revival of the commercial vehicle (CV) cycle and addition of the 2W segment

Bosch
Premium

The broad-based recovery in auto segments including commercial vehicles and expectations of improvement going ahead are major triggers for the parts supplier

SI Reporter Mumbai
Shares of Bosch rallied 12 per cent, hitting an over two-year high of Rs 17,333, on the BSE in the intra-day on Wednesday in an otherwise subdued market on expectation of demand improvement going-forward.

At 01:15 pm, the stock was up 11 per cent at Rs 17,140, as compared to a 0.25-per cent decline in the S&P BSE Sensex at 59,565 points. Trading volumes on the counter jumped over 7-fold with a combined around 450,000 shares having changed hands on the NSE and BSE. In the past two weeks, an average sub 100,000 shares were traded on the counter.

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in