Bosch Q4 results portray that there’s more pain before any gain
Although the firm reiterates gains in the BS-VI era, it would certainly take many years to return to its 2008 peak
Bosch Ltd’s shares rose 2.4% despite reporting weak March quarter (Q4FY20) results. Investors believe Bosch is among the component makers that will gain from the auto sector’s transition to BS-VI emission standards. Revenues are expected to ramp up on the back of higher “content per vehicle". Note, a few months ago, the firm had said BS-VI will open up new projects worth ₹24,000 crore, and that will fructify in the coming years.
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