of Technology major Bosch Limited zoomed over 2.3 percent intraday trade
on Thursday after company’s net profit widened in Q3-FY-2019.
Limited on Wednesday reported financial results for the third quarter Dec-31,
2018. The company posted total revenue from operations of Rs 3,096 crores in
Quarter-3 of FY 2018-19, clocking 0.8 percent increase year on year. The Profit
before Tax stood at Rs 490 crores, recording a rise of 15.8 percent year on
year. The Net Profit after Tax or PAT stood at Rs 335 crores, mounting 19.3 percent
positively to this advancement in results, the stocks of Bosch Limited opened
at Rs. 17988 per share against Wednesday’s close of Rs17,908.45 per share on the NSE. At 12.10 PM, the stock
was trading at Rs 18334 per share, up by Rs. 425.55 or 2.38 percent and reached
an intraday high of Rs18,503.00. Meantime
Sensex was down 122 pts at 35,911, while the Nifty declined 45 points at 10,748.