English
Specials
    Upgrade

    Moneycontrol

    Budget 2023Budget 2023

    PARTNERS

    • Tata AIA Life Insurance
    • Hafele
    • Motilal Oswal
    • SMC Global Securities Limited
    • SBI Life
    • DSP Mutual Fund
    Upcoming Event : LeapToUnicorn - mentoring, networking and fundraising for startups. Register now
    Budget 2023
    Budget 2023
    you are here: HomeNewsBusinessMoneycontrol Research

    Bosch: Promising outlook, available at a reasonable valuation

    Smoother chip supply, softer raw material prices, encouraging industry opportunities to fuel growth of this auto ancillary

    Nitin Agrawal
    December 06, 2022 / 10:57 AM IST
    Bosch: Promising outlook, available at a reasonable valuation

    Bosch

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Highlights Strong growth in top line, driven by automotive segment Demand outlook promising Leadership position driven by technological innovation EVs, digital solutions, and advanced electronic solutions new growth avenues Trading at an attractive valuation; accumulate for the long term Bosch (CMP: Rs 17,230; M Cap: Rs 50,820 crore), a leading auto ancillary company whose fortunes are linked to the CV segment, posted an in-line set of numbers in Q2 FY23. While its net revenue continues to register strong growth, margin contraction has stabilised. Q2FY23 performance (image) During...

    • PRO Panorama

      Moneycontrol Pro Panorama | The stars are aligned for the Indian economy

      Feb 2, 2023 / 02:26 PM IST

      In today’s edition of Moneycontrol Pro Panorama: Financial sector doesn’t fit Budget jigsaw, how to boost growth prudently, cu...

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender: The downsizing of Davos Man

      Jan 21, 2023 / 10:10 AM IST

      The World Economic Forum has been desperately trying to reinvent itself, but Davos Man’s heydays are a thing of the past

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers