BANK OF BARODA Plunges by 10%; BSE BANKEX Index Up 0.1%
September 18, 2018 09:37 AM

BANK OF BARODA share price has plunged 10% and is presently trading at Rs 126.

Meanwhile, the BSE BANKEX Index is at 30,401 (up 0.1%).

Among the top losers in the BSE BANKEX Index today is BANK OF BARODA (down 10.1%).

YES BANK (up 1.4%) and INDUSIND BANK (up 0.7%) are among the top gainers today.

Over the last one year, BANK OF BARODA has moved down from Rs 145 to Rs 126, registering a loss of Rs 19 (down 13.0%)..

The BSE BANKEX has moved up from 28,176 to 30,401, registering a gain of 2,225 points (up 7.9%) during the last 12 months.

The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAH. BANK (up 20.8%), AXIS BANK (up 20.0%) and ICICI BANK (up 10.9%).

What About the Benchmark Indices?

The BSE Sensex is at 37,745 (up 0.2%). The top gainers among the BSE Sensex stocks today are HIND. UNILEVER (up 2.0%), ASIAN PAINTS (up 1.9%) and YES BANK (up 1.4%). Other gainers include SUN PHARMA (up 1.1%) and ONGC (up 0.9%). The most traded stocks in the BSE Sensex are YES BANK and AXIS BANK.

In the meantime, NSE Nifty is at 11,411 (up 0.2%). HIND. UNILEVER (up 2.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 32,424 to 37,745, registering a gain of 5,321 points (up 16.2%).

BANK OF BARODA Financial Update...

BANK OF BARODA net profit stood at Rs 5 billion for the quarter ended June 2018, compared to a profit of Rs 1 billion a year ago. Operating income rose 3.0% to Rs 116.4 billion during the period as against Rs 113.0 billion in April-June 2017.

For the year ended March 2018, BANK OF BARODA reported 199.0% decrease in net profit to Rs 18.4 billion compared to net profit of Rs 18.6 billion during FY17.

Revenue of the company grew 3.6% to Rs 461 billion during FY18.

The current Price to earnings ratio of BANK OF BARODA, based on rolling 12 month earnings, stands at down 13.4x.