Bank of Baroda gains on receiving nod to raise funds in single or multiple tranches

12 Jul 2017 Evaluate

Bank of Baroda is currently trading at Rs. 162.85, up by 0.35 points or 0.22% from its previous closing of Rs. 162.50 on the BSE.

The scrip opened at Rs. 163.10 and has touched a high and low of Rs. 163.65 and Rs. 160.75 respectively. So far 4,79,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 202.45 on 05-May-2017 and a 52 week low of Rs. 136.00 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 167.80 and Rs. 160.10 respectively. The current market cap of the company is Rs. 37,523.00 crore.

The promoters holding in the company stood at 59.24%, while Institutions and Non-Institutions held 32.40% and 8.36% respectively.

Bank of Baroda has received an approval for issuance of AT-1 Capital Bonds compliant with Basel III Capital Regulations of the Reserve Bank of India (RBI) for minimum amount of Rs 500 crore with Green Shoe Option, total issuance not to exceed Rs 3,000 crore, in single or multiple tranches. The Finance Committee of the Bank at its meeting held on July 12, 2017 has approved for the same.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.


Bank Of Baroda Share Price

264.20 5.35 (2.07%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
SBI 752.60
Bank Of Baroda 264.20
PNB 124.35
Canara Bank 581.90
Union Bank Of India 153.45
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