Bosch Ltd Share Price

Bosch started its operation in India in 1922 when Illies & Company opened a sales office in Calcutta. For three decades, Bosch relied completely on imports. However, in 1951, they took a key step by acquiring 49% of Motor Industries Company Ltd. (MICO), which became Bosch's sole distributor. Since its establishment in 1951, Bosch India has rapidly expanded its manufacturing activities in 17 locations. You can check Bosch India share price live on BlinkX.

Business Segments of Bosch Ltd

Bosch India works in the three business segments mentioned below.

Mobility Solutions: This segment develops, manufactures, and sells various products and services for the automobile sector. The firm offers fuel injection systems, engine management systems, transmission control systems, brake systems, safety systems, driver assistance systems, infotainment systems, and communication systems.
Industrial Solutions: This division focuses on the core design, manufacture, and distribution of various products for the industrial sector. The product line comprises power tools, packing machines, industrial automation, building, and driving technology systems.
Consumer Goods: Bosch India also develops, manufactures, and sells a variety of consumer products. Consumer items in this category include power tools, kitchen appliances, home appliances, personal care products, and security systems. Higher sales of consumer goods had a positive impact on Bosch share price. Bosch share value has done well in the recent past.

Key Personnel of Bosch Ltd

The managing director of Bosch Ltd is Guruprasad Mudlapu.
The lead independent director of the company is Bhaskar Bhat.
Soumitra Bhattacharya is the non-executive chairman.

Bosch India Ltd's Subsidiaries

The following are the key subsidiaries of Bosch India Ltd.

Bosch Global Software Technologies Private Limited

Bosch Global Software Technologies Private Limited (BGST) is a premier provider of software engineering and technology services to the Bosch Group and its clients. BGST employs talented engineers and technicians who work on several projects, including automotive software, industrial software, and consumer products software.

Bosch Automotive Electronics India Private Ltd

Bosch Automotive Electronics India Private Limited (c) is a major maker of electronic control units and other vehicle electrical components. BAEI's products are used by Indian and international automakers.

Corporate Actions of Bosch Ltd

On November 9, 2021, Autozilla Solutions Private Limited received an investment of up to 26% of its paid-up capital.
On January 28, 2022, Zeliot Connected Services Private Limited received an investment equal to 14% of its paid-up capital. This led to a significant change in Bosch Ltd share price.

Financial Performance of Bosch Ltd

In FY 2022-23, product sales climbed by 28% from the previous year (PY) to Rs.1,41,832 million, improving the Bosch Limited share price.
Bosch Limited's Mobility Solutions business segment had a considerable +29% increase in product sales, owing to a post-COVID-19 rebound and an overall automotive market rise of +22% (excluding 2-wheelers).
Return on Capital Employed (ROCE) increased by 17.1% in FY 2022-23, showing stronger capital utilisation for producing profits. So, the Bosch share price NSE and BSE have witnessed an appreciation.

Bosch Ltd

BOSCHLTD Share Price