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Bosch gets pumped up with group company acquisition. Can it drive a valuation re-rating?

Bosch Ltd’s shares surged nearly 30% in April after a low in March. The planned acquisition of Bosch Chassis Systems India is expected to enhance its offerings and improve EPS. The deal, valued at ₹9,069 crore, is funded through internal accruals, maintaining Bosch’s debt-free status.

Source :- mint – markets Read More

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