Bosch lost 2.29% to Rs 9,261 at 9:57 IST on BSE after net profit declined 19.22% to Rs 138.98 crore on 0.44% growth in total income to Rs 2255.13 crore in Q4 December 2013 over Q4 December 2012.
The Q4 result was announced on Thursday, 27 February 2014. The stock market was closed on that day, on account of Mahashivratri.
Meanwhile, the S&P BSE Sensex was up 70.64 points or 0.34% at 21,057.63.
On BSE, so far 599 shares were traded in the counter as against average daily volume of 2,983 shares in the past one quarter.
The stock hit a high of Rs 9322.20 and a low of Rs 9200 so far during the day. The stock had hit a 52-week low of Rs 8,000 on 20 August 2013. The stock had hit a record high of Rs 11,500 on 26 December 2013.
The stock had outperformed the market over the past one month till 26 February 2014, advancing 1.33% compared with the Sensex's 0.69% fall. The scrip had also outperformed the market in past one quarter, jumping 11.49% as against Sensex's 2.75% rise.
The large-cap company has equity capital of Rs 31.40 crore. Face value per share is Rs 10.
Bosch's net profit declined 7.67% to Rs 884.68 crore on 1.59% growth in total income to Rs 9172.68 crore in the year ended 31 December 2013 (FY 2013) over the year ended 31 December 2012 (FY 2012).
Bosch's board of directors at its meeting held on Thursday, 27 February 2014, inter alia, recommended a dividend of Rs 55 per share for the year ended 31 December 2013 (FY 2013), subject to approval of shareholders.
The Bosch Group is a leading global supplier of technology and services. Since the beginning of 2013, its operations have been divided into four business sectors: automotive technology, industrial technology, consumer goods and energy & building technology.
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