India's Bosch hits record high after Q1 adjusted profit rise; enter "overbought"

BOSCH

11/08/2026 05:45

** Shares of automotive components firm Bosch Ltd BOSH.NS rise 3.03% to record high of 44,825 rupees
** Co reports 12% jump in profit before exceptional items and tax to 9.39 billion rupees ($98.4 million)
** Qtrly rev from ops rises to 58.42 billion rupees vs 47.89 billion rupees in year-ago period
** RSI at 71.96, stock enters "overbought" category, according to LSEG data
** Stock trades at a premium with 12-month forward PE ratio of 47.54 vs an industry average of 27.46--LSEG data
** YTD, shares up 24.82%


($1 = 95.3875 Indian rupees)

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com; (+91) 8296756080))