The announcement was made after market hours on Wednesday, 27 June 2012. The stock managed to gain 1.53% to Rs 8,767.95 on Thursday, 28 June 2012, after declining in early trade that day.

Meanwhile, the BSE Sensex was up 413.78 points, or 2.44%, to 17,404.54.

On BSE, 492 shares were traded in the counter as against an average daily volume of 1,405 shares in the past one quarter.

The stock hit a high of Rs 8,749.95 and a low of Rs 8,650 so far during the day. The stock had hit a record high of Rs 9,264.90 on 10 May 2012. The stock had hit a 52-week low of Rs 6,425 on 19 December 2011.

The stock had underperformed the market over the past one month until 28 June 2012, falling 0.58% compared with the Sensex's 3.50% rise. The scrip had, however, outperformed the market in past one quarter, rising 13.83% as against 0.76% fall in the Sensex.

The large-cap company has an equity capital of Rs 31.40 crore. Face value per share is Rs 10.

Bosch had announced that with a view to adjust production to meet the demand for products and to avoid unnecessary buildup of inventory, it is proposed to suspend the manufacturing operations at the company's Jaipur plant from 28 June 2012 to 30 June 2012 and at the Bengaluru plant from 28 June 2012 to 30 June 2012.

Net profit of Bosch rose 22.39% to Rs 335.82 crore on 9.67% rise in net sales to Rs 2267.54 crore in Q1 March 2012 over Q1 March 2011.

Founded in 1951, Bosch is India's largest auto components manufacturer and also one of the largest Indo-German companies in India.