Bank of Baroda Stock Trades at Rs 216.75 on BSE

Bank of Baroda Stock Trades at Rs 216.75 on BSE

Shares of Bank of Baroda traded at Rs 216.75 on BSE at 11:26AM (IST) on Wednesday, up 0.34 per cent from previous close. The stock quoted a 52-week low price of Rs 146.5 and a high of Rs 219.6. Earlier, the stock saw a gap up opening in the morning. A total of 602,018 lakh shares changed hands on the counter till 11:26AM (IST). The stock of Bank of Baroda commanded a market value of Rs 112218.56 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of 6.03, while the price-to-book value ratio stood at 0.83. Return on equity (ROE) was at 14.18 per cent, according to exchange data. In the BSE500 pack, 219 stocks traded in the green, while 282 stocks were in the red. The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.82. Promoters held 63.97 per cent in Bank of Baroda as of 30-Sep-2023 while overseas and domestic institutional investors owned 12.39 per cent and 9.81 per cent, respectively. The 200-DMA of the stock stood at 190.34 on December 13, while the 50-DMA was at 202.36. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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