Bank Of Baroda is currently trading at Rs. 553.65, up by 4.35 points or 0.79 % from its previous closing of Rs. 549.30 on the BSE.
The scrip opened at Rs. 550.00 and has touched a high and low of Rs. 554.20 and Rs. 541.05 respectively. So far 27178 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 899.65 on 03-Jan-2013 and a 52 week low of Rs. 540.00 on 21-Jun-2013.
Last one week high and low of the scrip stood at Rs. 643.35 and Rs. 540.00 respectively. The current market cap of the company is Rs. 23139.61 crore.
The promoters holding in the company stood at 55.41 % while Institutions and Non-Institutions held 34.47 % and 10.12 % respectively
Bank of Baroda (BoB), country’s public sector lender has reportedly unveiled its National Pilot Agri Loan Factory at Himatnagar in Gujarat on June 21, 2013. By opening this new factory the bank would give a boost to the State’s agricultural sector. The Agri Loan Factory started off with a sanction of Rs 53 crore in advances to the farm sector. Sanctioned cheques were also distributed to top borrowers. Under this new ‘Loan Factory’ the bank will providing all types of loans related to agriculture under one roof.
Recently, the bank announced that it will be charging home loan for the new and existing customers at the Base Rate of 10.25% per annum across all tenures and for any amount. The single rate of interest for all home loan customers is effective from June 01, 2013.
