please let me know, buying bosh Ltd at CMP is it good plan ? how is company performance in past years and how is the future for this company ?
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Bosch is engaged in the Company has presence across automotive technology, industrial technology, consumer goods and energy and building technology.Company is virtually debt free.
Company has been maintaining a healthy dividend payout of 23.51%,Cons:
The company has delivered a poor growth of 6.96% over past five years.
- Market Cap: 29,085 Cr.
- Current Price: 9,862
- 52 weeks High / Low 17877.00 / 7850.00
- Book Value: 3,100
- Stock P/E: 23.27
- Dividend Yield: 1.06 %
- ROCE: 24.63 %
- ROE: 16.72 %
- Sales Growth (3Yrs): 8.11 %
Bosch has long been a solid player in the auto ancillary space but in the last two years its fortunes have dwindled with the fall in auto stocks. However, at 28 P/E it can be a good long term bet in your portfolio. Hold for at least 2 years time frame.