INSUBCONTINENT EXCLUSIVE:
Shares of Bosch were in the spotlight on Friday, gaining nearly 3.5% to close at Rs 35,600, up from the previous close of Rs 34,405
The company currently commands a market capitalisation of approximately Rs 1,05,300 crore.On July 3, Bosch filed a regulatory disclosure
it received on July 2, 2025, from the Principal Commissioner of Customs (Import), Air Cargo Complex, Mumbai.The order involves a dispute
concerning the wrongful availing of duty benefits under Notification No
50/2017-Cus, related to the import of automotive components including Rot Speed Sensors, Knock Sensors, and Phase Sensors.In addition to the
duty benefit issue, the order highlights the incorrect classification of key parts:The Engine Control Unit (ECU) is to be reclassified under
CTH 8708 99 00.The Oxygen NOx Sensor is to be reclassified under CTH 9031 80 00.The financial impact of this customs order is significant,
with Bosch facing a differential duty demand of Rs 66.72 crore, along with a penalty of Rs 29.58 crore, totaling approximately Rs 96
to manage the regulatory challenge.Technical overviewThe 14-day Relative Strength Index (RSI) for Bosch Ltd
stands at 74.7, above the typical overbought threshold of 70, suggesting that the stock may be overextended in the short term and could be
Meanwhile, the Price-to-Book (P/B) ratio of 6.93 suggests the stock is trading at nearly seven times its book value, reflecting a premium
price relative to its net assets.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own
These do not represent the views of the Economic Times)
