India's Bosch hits 15-month high

BOSCH

08/03/2023 07:09

** Shares of automotive products supplier Bosch Ltd
 BOSH.NS  rise as much as 3.9% to 18,807.2 rupees, its highest
level since Nov. 17, 2021
    ** Stock climbs most since Nov. 9, 2022
    ** Stock is trading above its 50-day, 100-day, and 200-day
moving averages
    ** BOSH's moving average convergence divergence (MACD) line
above signal line, suggesting bullish momentum
    ** Nearly 37,000 shares traded as of 12:29 pm IST, 1.7X the
30-day moving average
    ** Stock inched up 0.3% last year after a 35.5% climb in
2021

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com;))