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Bosch Shares Drop Below ₹50,000 After Stock Split, Bonus Issue, and Strong Q2 Earnings

· · 2 min read

Bosch shares fell nearly 4% on Monday, dipping below the ₹50,000 mark to an intraday low of ₹49,100. This occurred despite the company reporting an 18.6% rise in Q2 net profit and announcing a 1:5 stock split with a 3:1 bonus issue.

Bosch Ltd. experienced a notable decline in its share price on Monday, November 9, 2026, falling below the significant ₹50,000 threshold. Despite robust second-quarter financial results for FY27 and the announcement of a stock split and bonus issue, the company's shares faced selling pressure, closing at ₹49,100 after opening at ₹50,985.

Q2 FY27 Financial Performance

The technology and services supplier reported an impressive 18.6% year-on-year increase in consolidated net profit for Q2 FY27, reaching ₹839.4 crore, up from ₹708 crore in the corresponding quarter of the previous fiscal year. This figure includes a one-time gain of ₹130 crore. Revenue from operations also saw substantial growth, rising 28.2% to ₹7,655 crore compared to ₹5,969 crore in Q2 FY26.

Operationally, Bosch maintained strong performance, with earnings before interest, tax, depreciation, and amortisation (EBITDA) climbing 23.2% year-on-year to ₹1,037 crore from ₹842 crore. However, the EBITDA margin slightly contracted to 13.5% in the September quarter, down from 14% a year ago, indicating some pressure on operating profitability despite overall healthy growth.

Corporate Actions: Stock Split and Bonus Issue

Bosch's board of directors approved a stock split in a 1:5 ratio, pending shareholder approval. Under this arrangement, each existing equity share with a face value of ₹10 will be divided into five equity shares, each with a face value of ₹2.

Following the stock split, the company plans to implement a bonus issue in a 3:1 ratio. Eligible shareholders will receive three additional fully paid-up equity shares of ₹2 each for every existing share of ₹2 held on the record date. Effectively, an investor holding one Bosch share before these corporate actions will possess 20 shares afterwards, significantly increasing the number of shares without altering the fundamental value of their investment.

Broader Market Context

The decline in Bosch's share price occurred amidst a general weakness in the broader market. Domestic benchmark indices, including the BSE Sensex and NSE Nifty, opened lower on Monday as investors engaged in profit-booking following a recent rally. Heavyweight IT stocks also experienced pressure, contributing to the overall market downturn.

Bosch Ltd. is the flagship listed entity of the Bosch Group in India, operating across key sectors such as Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology.

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