Bosch slips 4% from day's high; announces 1:5 stock split, 3:1 bonus issue
Business Standard · SI Reporter ·
Bosch's Q2FY27 standalone net profit rose 21.7% YoY, while revenue from operations grew by 28.5%. Company announced 1:5 stock split and a liberal 3:1 bonus share issue on Friday.
Bosch's Q2FY27 standalone net profit rose 21.7% YoY, while revenue from operations grew by 28.5%. Company announced 1:5 stock split and a liberal 3:1 bonus share issue on Friday.
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Share price of Bosch slipped 4.3 per cent from the day's high of ₹52,650 (also its 52-week high) to an intraday low of ₹50,400 after the company announced its Q2 results and a stock split-cum-bonus issue on Friday. At 2:50 PM, Bosch traded with a loss of 3.7 per cent at ₹50,528 on trades of around 3,400-odd shares on the BSE. Meanwhile, the Sensex was up 1.6 per cent at 80,600 levels. Bosch rallied over 20 per cent in the last two weeks from levels of around ₹43,650 in the run-up to the Q2 earnings and corporate actions. The stock hit a 52-week low at ₹28,541 in March 2026.
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