BANK OF BARODA Share Price Up by 5%; BSE BANKEX Index Down 0.2%
January 1, 2021 03:32 PM

BANK OF BARODA share price has zoomed 5% and is presently trading at Rs 65.

Meanwhile, the BSE BANKEX Index is at 36,015 (down 0.2%).

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

KOTAK MAHINDRA BANK and RBL BANK are among the top losers today.

Over the last one year, BANK OF BARODA has moved down from Rs 103 to Rs 65, registering a loss of Rs 38 (down 37.2%).

On the other hand, the BSE BANKEX has moved down from 36,867 to 36,015, loss of 852 points (down 2.8%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 18.2%) and HDFC BANK (up 11.2%).

What About the Benchmark Indices?

The BSE Sensex is at 47,980 (up 0.3%).

The top gainers among the BSE Sensex stocks today are ITC (up 2.2%), TCS (up 2.2%) and SBI (up 1.7%). Other gainers include M&M (up 1.5%) and BHARTI AIRTEL (up 1.3%). The most traded stocks in the BSE Sensex are ITC and SBI.

In the meantime, NSE Nifty is at 14,050 (up 0.2%). The top gainers in the NSE Nifty include ADANI PORTS & SEZ (up 4.4%), TCS (up 2.4%) and ITC (up 2.3%). Other gainers include M&M (up 1.6%) and TATA MOTORS (up 1.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,558 to 47,980, registering a gain of 6,422 points (up 15.19%).

BANK OF BARODA Financial Update...

BANK OF BARODA net profit declined 219.3% YoY to Rs 17 billion for the quarter ended September 2020, compared to a loss of Rs 14 billion a year ago. Operating income declined 6.0% to Rs 179.2 billion during the period as against Rs 190.7 billion in July-September 2019.

For the year ended March 2020, BANK OF BARODA reported 15.4% decrease in net profit to Rs 8.7 billion compared to net profit of Rs 10.3 billion during FY19.

Revenue of the company grew 49.1% to Rs 789 billion during FY20.

The current Price to earnings ratio of BANK OF BARODA, based on rolling 12 month earnings, stands at down 348.3x.