Bosch Ltd (BOSCHLTD)

Bosch Acquires Johnson Controls' HVAC Business - 23 Jul, 2024

Bosch is set to acquire Johnson Controls' global HVAC business for residential and light commercial buildings for $8 billion, which generated sales revenue of roughly €4 billion in 2023.

Bosch Reports Strong FY 2024 Earnings - 13 Jul, 2024

Bosch Ltd reported a strong full-year 2024 earnings with an EPS of ₹845, revenue growth of 12%, and net income of ₹24.9b (up 75% from FY 2023). The company's profit margin also increased to 15%. Bosch is forecasted to grow at 12% p.a., outpacing the Auto Components industry in India.

Bosch Global Software Technologies and GMR Group Partner for Smart Metering Program - 08 Jul, 2024

Bosch Global Software Technologies (BGSW) and GMR Group have partnered to deploy approximately 7.5 million smart meters in Agra, Varanasi, and Prayagraj. BGSW will hold a 10% stake and GMR Group will hold a 90% stake in the Special Purpose Vehicles (SPVs). The program aims to enhance electricity distribution infrastructure.

Bosch Ltd to Pay Reduced Dividend of ₹170.00 - 05 Jul, 2024

Bosch Limited has announced a reduced dividend payout of ₹170.00, which is still above the industry average at 1.1%. The company may be more focused on returning cash to shareholders, but paying out this much of its cash flow could expose the dividend to being cut in the future. EPS is set to fall by 0.3% over the next 12 months.

Bosch Considers Acquisition of Whirlpool; Stock Falls 1.63% - 28 Jun, 2024

Bosch is contemplating acquiring US white goods maker Whirlpool to expand its product offerings and market reach in India's appliances segment. Despite gaining 10.53% over the past month, Bosch Ltd stock fell 1.63% on June 28th.

Bosch Considers Bid for Whirlpool Corp. - 27 Jun, 2024

German engineering giant Bosch is reportedly considering making a bid for US appliance manufacturer Whirlpool Corporation to strengthen its foothold in the household appliances sector. The potential takeover comes as Bosch seeks acquisitions to expand its unit that manufactures large home appliances. Bosch's shares rose by 7.03% in intraday trade to hit a one-year high of Rs 36,577.95.

Bosch Considers Bid for Whirlpool - 26 Jun, 2024

German engineering group Robert Bosch GmbH is reportedly weighing a bid for US appliances manufacturer Whirlpool. The move would strengthen Boschs home appliance business and increase competition with Asian rivals.

Bosch Ltd Stock Rises for Third Straight Session - 25 Jun, 2024

Bosch Ltd stock rose by 1.77% to Rs 33,600 on the NSE and gained around 6.44% in the last month. The company's PE is 53.17 based on TTM earnings ending March 24. Meanwhile, the Nifty Auto index has gained around 5.81% in the last one month.