Thursday's Preview: Can Bosch Continue Its Recent Gains?

Bosch Ltd., a leader in the auto ancillary sector, has shown promising momentum recently, with its stock closing at ₹27,223.45 on February 11, 2025. Despite a challenging February historically, where it often delivers negative returns, Bosch's December 2024 net sales rose 6.19% year-on-year, signaling strong operational performance. However, its PAT declined by 11.56%, raising concerns about profitability. With immediate resistance at ₹28,784.43 and support at ₹27,572.93, Thursday's session will test whether Bosch can sustain its upward trajectory amidst market fluctuations.
Sources: EquityPandit, Moneycontrol, Economic Times, Yahoo Finance