Bank of Baroda lost 1.83% to Rs 935.30 at 10:42 IST on BSE after net profit declined 5.46% to Rs 1104.22 crore on 13.11% growth in total income to Rs 11817.32 crore in Q2 September 2014 over Q2 September 2013.
The Q2 result was announced during market hours today, 7 November 2014.
Meanwhile, the S&P BSE Sensex was down 149.72 points or 0.54% at 27,766.16.
On BSE, so far 96,000 shares were traded in the counter as against average daily volume of 1.53 lakh shares in the past one quarter.
The stock hit a high of Rs 958.95 and a low of Rs 925 so far during the day. The stock had hit a 52-week low of Rs 509 on 21 February 2014. The stock had hit a 52-week high of Rs 1,009 on 16 May 2014.
The stock had outperformed the market over the past one month till 5 November 2014, advancing 6.04% compared with the Sensex's 5.07% rise. The scrip had, however, underperformed the market in past one quarter, jumping 4.72% as against Sensex's 7.75% rise.
More From This Section
The large-cap bank has equity capital of Rs 432.15 crore. Face value per share is Rs 10.
Bank of Baroda's provisions and contingencies rose 3.16% to Rs 888.04 crore in Q2 September 2014 over Q2 September 2013.
Non-performing loan provisioning coverage ratio is 65.39% as on 30 September 2014.
The bank's ratio of gross non-performing assets (NPAs) to gross advances stood at 3.32% as on 30 September 2014 as against 3.11% as on 30 June 2014 and 3.15% as on 30 September 2013. The ratio of net NPAs to net advances stood at 1.74% as on 30 September 2014 as against 1.58% as on 30 June 2014 and 1.86% as on 30 September 2013.
The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 12.19% as on 30 September 2014 as against 11.91% as on 30 June 2014 and 12.07% as on 30 September 2013.
Government of India holds 56.26% stake in Bank of Baroda (as per the shareholding pattern as on 30 September 2014).
Powered by Capital Market - Live News