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Motilal Oswal Report
We hosted an interaction with the senior management of Bosch Ltd. for an update on the business, to get an insight into company’ level of preparedness for the technological disruption, and to discuss the recent proposal of giving loans to group companies. Here are the key highlights -
The outlook has improved from initial expectations as recovery has been better.
After lowering its BS-VI order book size to approximately Rs 185 billion in Q1 FY21, from Rs 245 billion in Q4 FY20 (pre-Covid-19), the company expects this number to have improved from Q1 levels.
The company has embarked on a restructuring exercise in Q1 FY20 in the wake of a change in the technological landscape.
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