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Bank of Baroda gains after Q1 results

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Capital Market
Last Updated : Jul 28 2014 | 11:45 PM IST

Bank of Baroda rose 1.21% to Rs 872 at 11:29 IST on BSE after net profit rose 16.61% to Rs 1361.88 crore on 9% increase in total income to Rs 11682.50 crore in Q1 June 2014 over Q1 June 2013.

The bank made the announcement during trading hours today, 29 July 2014.

Meanwhile, the BSE Sensex was down 154.49 points, or 0.59%, to 25,972.26.

On BSE, so far 1.68 lakh shares were traded in the counter, compared with an average volume of 2.35 lakh shares in the past one quarter.

The stock hit a high of Rs 878 and a low of Rs 856 so far during the day. The stock hit a 52-week high of Rs 1,009 on 16 May 2014. The stock hit a 52-week low of Rs 429.25 on 20 August 2013.

The stock had underperformed the market over the past one month till 25 July 2014, falling 0.71% compared with 3.21% rise in the Sensex. The scrip had also underperformed the market in past one quarter, rising 6.34% as against Sensex's 15.16% rise.

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The large-cap state-run bank has an equity capital of Rs 432.15 crore. Face value per share is Rs 10.

Government of India holds 56.26% stake in BoB (as on 30 June 2014).

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First Published: Jul 28 2014 | 11:29 AM IST

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