Bosch Ltd

Hello friends.

I have been observing Bosch Ltd since quite some days. It has come off a lot from its peak. Can anyone throw light on its future? Can it be bought for a long term investment?

Regards

 

IMO it is a great stock to have in your portfolio but I am still little uncomfortable with its valuation.

 

I agree but high quality MNC's are rarely priced moderately forget about being cheap. Nestle even though so much has happened in it is still trading at a rich valuation.Had similar thing happened to an Indian company it would had been languishing at single digit p/e numbers now. Other quality MNC's like Gillette, P&G, Honeywell Automation etc also trade at rich valuation. It is difficult call though about long term investment. If market continues to value them richly then they could be a great investment.

 

I would go with eicher motors leaving bosch..