BANK OF BARODA surged by 5%; BSE BANKEX Index Up 0.5%
May 23, 2018 12:33 PM

BANK OF BARODA share price has Zoomed 5% and is presently trading at Rs 140.

Meanwhile, the BSE BANKEX Index is at 29,122 (Up 0.5%).

Among the top Gainers in the BSE BANKEX Index today are BANK OF BARODA (up 5.27%) and SBI (up 5.35%).

HDFC BANK (down 0.72%) and KOTAK MAH. BANK (down 1.58%) are among the top losers today.

Over the last one year, BANK OF BARODA has moved down from Rs 183 to Rs 140, registering a loss of Rs 43 (down 23.46%)

On the other hand, the BSE BANKEX has moved up from 25,700 to 29,122, registering a gain of 3,422 points (up 13.16%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were INDUSIND BANK (up 34.54%), KOTAK MAH. BANK (up 32.21%) and HDFC BANK (up 25.44%).

What About the Benchmark Indices?

The BSE Sensex is at 34,668 (down 0.05%).

The top gainers among the BSE Sensex stocks today are SBI (up 5.35%), TATA MOTORS (up 2.34%) and ICICI BANK (up 2.30%). Other gainers include NTPC (up 1.58%) and L&T (up 1.52%). The most traded stocks in the BSE Sensex are SBI and TATA MOTORS.

In the meantime, NSE Nifty is at 10,534 (down 0.26%). SBI (up 5.30%) and BANK OF BARODA (up 5.15%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 30,571 to 34,668, registering a gain of 4,097 points (up 13.29%).

BANK OF BARODA Financial Update...

BANK OF BARODA net profit grew 44.2% YoY to Rs 1 billion for the quarter ended December 2017, compared to a profit of Rs 3 billion a year ago. Net Sales rose 108.6% to Rs 113.0 billion during the period as against Rs 104.1 billion in October-December 2016.

For the year ended March 2017, BANK OF BARODA reported 36.9% decrease in net profit to Rs 18.6 billion compared to net profit of Rs 50.3 billion during FY16.

Revenue of the company grew 97.1% to Rs 445 billion during FY17.

The current Price to earnings ratio of BANK OF BARODA, based on rolling 12 month earnings, stands at 39.3x.