UBS increased its target price on Bosch to ₹45,530 from ₹27,920 earlier, implying a potential upside of about 21% from current levels.
The brokerage said a recent repositioning of Bosch’s portfolio has improved the investment case for the company. According to UBS, the acquisition of the Chassis Systems business enhances the stock’s value creation potential, while recently announced joint ventures could provide additional upside.
UBS believes these developments warrant a reassessment of Bosch’s valuation. The brokerage now values the company’s core business at 35 times one-year forward EV/EBITDA, compared to its earlier valuation methodology of 30 times price-to-earnings, reflecting the opportunities arising from the company’s joint ventures.
In addition, UBS has assigned a valuation of 30 times one-year forward EV/EBITDA to the Chassis Systems business, which it sees as an important contributor to future growth.
According to Bloomberg consensus data, five analysts currently track the stock. Of these, three have a ‘Buy’ rating, while one analyst each recommends ‘Hold’ and ‘Sell’.
Bosch shares were trading 4.69% higher at ₹39,325 on Friday. The stock has gained around 9% so far in 2026.
First Published: Jun 12, 2026 9:23 AM IST
