BANK OF BARODA Plunges by 5%; BSE BANKEX Index Down 0.1%
August 7, 2019 02:20 PM

BANK OF BARODA share price has plunged 5% and is presently trading at Rs 106.

Meanwhile, the BSE BANKEX Index is at 31,896 (down 0.1%).

Among the top losers in the BSE BANKEX Index today is BANK OF BARODA (down 5.1%).

CITY UNION BANK (up 4.2%) and YES BANK (up 2.9%) are among the top gainers today.

Over the last one year, BANK OF BARODA has moved down from Rs 151 to Rs 106, registering a loss of Rs 45 (down 29.8%)..

The BSE BANKEX has moved up from 31,423 to 31,896, registering a gain of 473 points (up 1.5%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were ICICI BANK (up 30.2%), KOTAK MAHINDRA BANK (up 15.6%) and CITY UNION BANK (up 14.4%).

What About the Benchmark Indices?

The BSE Sensex is at 37,105 (down 0.1%). The top gainers among the BSE Sensex stocks today are YES BANK (up 2.9%). The most traded stocks in the BSE Sensex are YES BANK and INFOSYS.

In the meantime, NSE Nifty is at 10,976 (down 0.2%). ZEE ENTERTAINMENT (up 7.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,692 to 37,105, registering a gain of -587 points (up -2.0%).

BANK OF BARODA Financial Update...

BANK OF BARODA net profit stood at Rs 7 billion for the quarter ended June 2019, compared to a profit of Rs 5 billion a year ago. Operating income rose 46.4% to Rs 189.5 billion during the period as against Rs 129.4 billion in April-June 2018.

For the year ended March 2019, BANK OF BARODA reported 156.3% decrease in net profit to Rs 10.3 billion compared to net profit of Rs 18.4 billion during FY18.

Revenue of the company grew 14.9% to Rs 529 billion during FY19.

The current Price to earnings ratio of BANK OF BARODA, based on rolling 12 month earnings, stands at 42.8x.