Bank of Baroda spurted 10.92% to Rs 161 at 11:00 IST on BSE after net profit declined 48.29% to Rs 598.35 crore on 3.81% growth in total income to Rs 12057.39 crore in Q4 March 2015 over Q4 March 2014.
The Q4 result was announced during market hours today, 11 May 2015.
Meanwhile, the S&P BSE Sensex was up 305.53 points or 1.13% at 27,410.92.
On BSE, so far 19.33 lakh shares were traded in the counter as against average daily volume of 7.38 lakh shares in the past one quarter.
The stock hit a high of Rs 161.20 and a low of Rs 143.90 so far during the day. The stock had hit a record high of Rs 228.90 on 23 January 2015. The stock had hit a 52-week low of Rs 142.80 on 8 May 2015.
The stock had underperformed the market over the past one month till 8 May 2015, sliding 14.14% compared with Sensex's 5.58% fall. The scrip had also underperformed the market in past one quarter, declining 17.46% as against Sensex's 5.62% fall.
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The large-cap bank has equity capital of Rs 442.30 crore. Face value per share is Rs 2.
The Government of India (GoI) held 57.53% in Bank of Baroda (as per the shareholding pattern as on 31 March 2015).
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