EVOQUE5000

BOSCH - NSE - INDIA

Long
EVOQUE5000 Updated   
NSE:BOSCHLTD   BOSCH LTD
Company website- www.bosch.in/

Founded in 1886, into multinational engineering electronics, presence is over 60 countries worldwide.

Major product line-

Automotive Aftermarket parts ( battery, spark plugs, wipers, brakes, clutch plates etc ) and smart mobility ( autonomous and Iot enabled )
Household appliances- fridge, dishwashers, washing machines, microwaves etc
Powertools, software, engineering etc - Huge diversity of business.
Invested into the blockchain for future growth.

Financials-
Assets worth 9000cr, zero debt, high brand value, fv 10- becomes a candidate for split/ bonus
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Inverted head and shoulder pattern = classic reversal
A strong buy.
Comment:
NECKLINE Broken, all good.
Comment:
Retest on, last chance to buy
Comment:
only fools would miss the trade.

Some fundamental updates as on 1st nov 2021-

Bosch To Spend €400 Million In Semiconductor Factories.
GMG And BOSCH sign collaboration agreement for graphene aluminium-ion battery manufacturing plant
Trade closed: stop reached
Comment:
Bosch, a supplier of technology and services, is expanding its artificial intelligence of things or AIoT activities in India by transforming its headquarters in Adugodi, Bengaluru, into a new smart campus called Spark.NXT
Comment:
Automotive giants Volkswagen and Bosch have been given the go-ahead to jointly develop automated driving technology.
Comment:
Renewables company BayWa r.e. AG will supply 100 GWh of electricity from wind energy per year to Bosch Group to power its production sites across Germany.
Comment:
Bosch sets up new management team for mobility solutions
HydraForce signs acquisition agreement with Bosch Rexroth
Airtel deploys private 5G network at BOSCH facility in Bengaluru, claimed to be India's first
Trade active
Comment:
Bosch India will grow by 15-20% this year: President Bhattacharya

Bosch AI is a leader in the development and implementation of AI technologies-- chatgpt, microsoft anyone? :)
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