Bosch Jumps 12% in Two Sessions on E-Mobility JV
Shares of Bosch Limited surged 5.43% on 2 April, extending a sharp two-day rally of 12% even as broader markets stayed under pressure. On 1 April, Bosch told exchanges its board will sit down on 8 April 2026 to weigh a preferential allotment of fresh equity shares. The firm has... The post Bosch Jumps 12% in Two Sessions on E-Mobility JV appeared first on Equitypandit.
Shares of Bosch Limited surged 5.43% on 2 April, extending a sharp two-day rally of 12% even as broader markets stayed under pressure.
On 1 April, Bosch told exchanges its board will sit down on 8 April 2026 to weigh a preferential allotment of fresh equity shares. The firm has put over 6 billion euros into e-mobility across its global operations.
Back on 23 March, Bosch and Tata AutoComp Systems Limited filed notice of a 50:50 joint venture targeting India’s fast-moving e-mobility space. Both partners expect the venture to begin operations by mid-2026, pending regulatory clearances. Bosch ships in its eAxle systems and electric motor solutions; Tata AutoComp brings factory muscle and a supply chain that runs deep across India.
The firm is also running active discussions with OEMs on hydrogen-based components, which remain in the testing phase today, with commercial volumes not expected before 2030. Separately, a board meeting on 20 May will take up the audited FY26 results alongside a final dividend call.
Over the past year, Bosch has pulled ahead of the market; its scrip is up by 15%, while the BSE Sensex shed 5% in the same window.
On 2 April, Bosch closed at 4.90% higher at Rs 32,205.00 on NSE.
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The post Bosch Jumps 12% in Two Sessions on E-Mobility JV appeared first on Equitypandit.
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