Can I buy Bosch stock? You can if you trade the Indian stock market. Some American brokers allow trading in markets outside of the country. Therefore, if you want to trade Bosch, then you can check out the brokers who will allow that.
Bosch Limited is the Indian arm of the German multinational engineering and technology company Robert Bosch GmbH. Bosch Limited has grown to become one of the leading providers of technology and services in the country. The company has multiple locations in India, including Bengaluru, Nashik, Naganathapura, Sitapura, and Goa. You can trade Bosch stock through the Indian stock exchange.
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Bosch Stock (BOSCHLTD) Stock Introduction
It was founded in 1951 and is headquartered in Bengaluru, India. Bosch Limited has a long and rich history. In 1886, Robert Bosch established the “Workshop for Precision Mechanics and Electrical Engineering” in Stuttgart, Germany, which laid the foundation for the globally operating company we know today.
In 1954, Bosch acquired an initial stake of over 9% in Mico (Motor Industries Company Ltd.), an Indian company that manufactured electrical equipment, and steadily increased its stake over the years. Today, Bosch Limited holds a majority stake of approximately 70% in Mico, which is now known as Bosch Limited.
Robert Bosch Stiftung GmbH is a foundation that holds 94% of the share capital of Robert Bosch GmbH. Robert Bosch GmbH owns the remaining shares. It’s a corporation that the Bosch family owns.
Robert Bosch Industrietreuhand KG carries out the ownership functions. They’re an industrial trust that holds the majority of the voting rights.
Bosch Stock Five Second Takeaway
- Bosch Limited (BOSCHLTD.NS) is the Indian arm of German automotive supplier Robert Bosch GmbH
- Revenue is forecast to increase by 11.05% a year
- Earnings grew by 68.7% over the last year
- Earnings are forecast to decline 0.2% a year over the next three years
- To buy Bosch stock, you need a broker that provides trading services for NSE-listed stocks
What's Great About Bosch Limited
Vast Workforce: As of December 2023, it employed around 428,000 associates globally, indicating a large and diverse workforce.
Revenue Generation: The company reported sales of 91.6 billion euros in 2023, highlighting its significant financial performance.
Diversified Operations: Bosch Limited operates in four main business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology, showcasing its diversified portfolio and market presence.
Innovative Solutions: The company focuses on developing creative solutions in various sectors, including connected mobility, automated mobility, powertrain systems, and electrified mobility, reflecting its commitment to technological advancement.
You can trade Bosch stock as well.
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Is Bosch Limited a Publicly Traded Company?
Bosch Limited is indeed a publicly traded company. It is listed on the stock market in India. The stock ticker symbol for Bosch Limited is BOSCHLTD. Therefore, if you trade out-of-country markets, you can trade Bosch stock.
Bosch stock split in 2004. It was a 1/01 stock split. As a result, if you had one share before 2004, you’d have ten shares now. Stock splits help with liquidity in the stock market. It also helps keep stocks affordable when they become too expensive.
Current Financials
Bosch stock has been doing good. In the last thirty days, they gained 26%. Over the past year, the shares have gained an impressive 59%. However, the current price-to-earnings (P/E) ratio of 36.8x may cause concern. The reason is that almost half of all companies in India have P/E ratios under 31x, and P/Es lower than 17x are also not uncommon.
Bosch has been performing better than most other companies, with strong earnings growth. The high P/E ratio might be because investors have confidence that this trend will continue. A high P/E ratio may suggest investors anticipate strong growth prospects, while a low P/E ratio may indicate lower growth expectations. However, existing shareholders may be worried about whether the share price will remain sustainable if this trend doesn’t continue.
Additionally, the P/E ratio can be used as a risk assessment tool. A very high P/E ratio could suggest that the market has high expectations for the company, which can increase the risk of disappointment if the company fails to meet those expectations. It’s important to note that P/E ratios aren’t always a reliable indicator of a company’s performance. There may be other reasons why Bosch’s P/E is as high as it is.
Bosch Stock Future Outlook
Bosch’s P/E ratios are believed to be reasonable only if the company outperforms the market. Looking at the past year, the company’s profits have gone up by 69%, while its earnings per share (EPS) have grown by an impressive 2,799% over the past three years. This was mainly due to the growth from the past year. This shows that the company has had excellent earnings growth recently.
However, according to eight analysts tracking the company, the future outlook is expected to bring lower returns, with earnings projected to decrease by 15% next year. This is not a positive sign compared to the expected market growth of 25%.
It is concerning that Bosch’s P/E is higher than that of most other companies. Although most investors hope the company’s business prospects improve, the analyst cohort is less confident. As a result, it is unlikely that current Bosch stock prices will be sustainable, as declining earnings will likely significantly impact the share price over time.
$750 Million in Private Bond Sale
Last fall, Boach stock had plans to raise at least $750 million through a privately-placed bond sale. Additionally, Bosch chooses Bank of America Corp and Mizuho Securities to manage the sale.
Bosch is not alone in their quest to raise funds. Major European companies such as Ferrero and Remy Cointreau have also chosen to opt for private placements in the US high-grade debt market. This approach provides direct access to institutional investors such as pensions, insurance firms, and asset managers. It also avoids potential instability in public credit markets.
Despite the significance of Bosch’s move, no official comments have been made by the parties involved in the process. This private bond sale is an essential step for Bosch in establishing its presence in the financial market.
Stock Sectors List
How to Buy Bosch Stock
To buy Bosch stock, you’ll need to open an account with a reputable brokerage firm that offers access to the Indian stock market. Ensure that the broker provides trading services for NSE-listed stocks.
Below, you’ll find some of the US brokers that offer access to the Indian stock exchange:
Interactive Brokers: Interactive Brokers is a well-known US-based brokerage firm that provides access to international markets, including the Indian stock exchange.
TD Ameritrade: TD Ameritrade offers access to international markets through its platform. It provides trading access to various global exchanges, including the Indian Stock Exchange.
Charles Schwab: Charles Schwab is another US-based brokerage firm that offers access to global markets, including the Indian stock exchange.
Should You Invest in Bosch Stock?
Bosch stock has gone up, which has resulted in a high P/E ratio. The P/E ratio is not the only factor to consider when deciding whether to invest in a stock, but it does give a good indication of what to expect from the earnings.
Looking at Bosch’s analyst forecasts, it seems that the decreasing earnings outlook is not affecting the high P/E ratio as much as expected. Usually, when a company has negative earnings and a declining outlook, the share prices go down, resulting in a lower P/E ratio. This could be a significant risk to investors, as they may pay too much premium.
Do Owners of Bosch Stock Recieve Dividends?
Yes. In fact, for the year ending March 2023, Bosch stock announced an equity dividend of 4800.00%, which equaled Rs 480 per share.
Bosch Stock Competitors
- Sensirion: Sensirion is a Swiss sensor manufacturer that operates in various industries, including automotive, medical, and industrial.
- Parker Hannifin: Parker Hannifin is an American company that provides motion and control technologies for various industries, including automotive, aerospace, and industrial.
- Panasonic Holdings: Panasonic Holdings is a multinational electronics company that operates in various sectors, including automotive, home appliances, and industrial equipment.
- Continental: Continental is a German automotive manufacturing company specializing in tires, brakes, and various automotive technologies.
- Siemens Global: Siemens is a global conglomerate that operates in various sectors, including energy, healthcare, and industrial automation
Final Thoughts
If you want to buy Bosch stock, you need to have access to the Indian Stock Market. Since its establishment, Bosch Limited has been known for its innovative strength and commitment to social responsibility, traits that have contributed to its success as a globally operating company.
By maintaining a solid workforce, achieving impressive revenue figures, operating across different sectors, and focusing on innovation, Bosch Limited positions itself as a prominent player in the technology and services industry.
Frequently Asked Questions
Bosch stock has a TTM P/E ratio of 28.16, which is lower than the sector P/E of 34.19. Four analysts have recently started covering Bosch's stock. One analyst rated it a strong buy, while none gave it a buy rating. However, two analysts have rated the stock as a sell.
Absolutely. It is listed on the National Stock Exchange of India (NSE). The stock ticker symbol for Bosch Limited is BOSCHLTD.
The stock split occurred in 2004 when the face value of the shares was split from Rs 100 to Rs 10
For 2024, analysts predict the target price for Bosch stock to be ₹24415.39. However, if the market is favourable, the mid-year price target is ₹27480.06.
Yes, Bosch offers dividends.
