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Bank of Baroda surges as RBI lifts curb on FII buying

24 Jul 2015 Evaluate

Bank of Baroda is currently trading at Rs. 157.60, up by 4.90 points or 3.21% from its previous closing of Rs. 152.70 on the BSE.

The scrip opened at Rs. 153.70 and has touched a high and low of Rs. 157.60 and Rs. 153.70 respectively. So far 205144 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 228.90 on 23-Jan-2015 and a 52 week low of Rs. 137.50 on 29-Jun-2015.

Last one week high and low of the scrip stood at Rs. 157.45 and Rs. 148.50 respectively. The current market cap of the company is Rs. 34720.49 crore.

The promoters holding in the company stood at 57.53% while Institutions and Non-Institutions held 34.23% and 8.23% respectively.

Reserve Bank of India (RBI) has lifted restrictions on buying of shares of Bank of Baroda by Foreign Institutional Investors (FIIs). RBI has notified that the aggregate share holdings by FIIs/Registered Foreign Portfolios Investors (RFPIs)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO) under Portfolio Investment Scheme in Bank of Baroda have gone below the prescribed threshold caution limit under the extant FDI policy. Accordingly, the restrictions placed on the purchase of shares of the bank are withdrawn with immediate effect.

For the year ended March 31, 2015, the bank has posted a fall of 25.16% in its net profit at Rs 3398.43 crore as compared to Rs 4541.08 crore for the same period in the previous year. However, total income of the bank has increased by 9.13% at Rs 47365.55 crore for year under review as compared to Rs 43402.45 crore for the period ended March 31, 2014.

Bank Of Baroda Share Price

280.00 0.80 (0.29%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
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