Bosch shares jump 3.5% despite Rs 96 crore customs hit

  • Posted on July 4, 2025
  • By Business News Today
  • 1 Views
Bosch shares jump 3.5% despite Rs 96 crore customs hit

Bosch shares surged nearly 3.5% following a regulatory disclosure regarding a customs order. The company faces a duty demand and penalty totaling Rs 96 crore related to import duty benefits and incorrect classification of automotive components. Despite this financial impact, strong investor interest propelled the stock, with technical indicators suggesting it may be overbought.
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