Bosch reports 20% fall in Q3 net profit
Bosch has reported results for third quarter ended December 31, 2016.
The company has reported 19.94% fall in its net profit at Rs 218.19 crore for the quarter ended December 31, 2016 as compared to Rs 272.53 crore for the same quarter in the previous year. However, total income of the company increased by 8.13% at Rs 3027.15 crore for the quarter under review as compared Rs 2799.64 crore for the corresponding quarter previous year.
Technical Levels for Bosch
Support at 22550 and Resistance at 23200
Looks positive and could touch its resistance Level of 23200
Break and Sustain above 23200 will 23400—23550 and then 23800+ mark else could touch its support level of 22550.
Looks weak only below 22550
More will update soon!!
