Bank of Baroda fell 1.63% to Rs 166.35 at 14:39 IST on BSE, after a bulk deal of 22.02 lakh shares was executed on the scrip at Rs 167.70 per share at 09:34 IST on BSE.
Meanwhile, the S&P BSE Sensex was down 367.34 points, or 1.28% at 28,300.88
Bulk deal boosted volume on the scrip. On BSE, so far 25.50 lakh shares were traded in the counter, compared with average daily volume of 12.60 lakh shares in the past one quarter. The stock hit a high of Rs 169.35 and low of Rs 166.15 so far during the day. The stock hit a 52-week high of Rs 190.90 on 8 October 2015. The stock hit a 52-week low of Rs 109.45 on 12 February 2016. The stock had outperformed the market over the past 30 days till 23 September 2016, rising 4.51% compared with 2.99% rise in the Sensex. The scrip outperformed the market in past one quarter, rising 15.07% as against Sensex's 8.60% rise.
The large-cap state-run bank has equity capital of Rs 460.83 crore. Face value per share is Rs 2.
Bank of Baroda's net profit fell 59.74% to Rs 423.62 crore on 2.99% decline in total income to Rs 11877.91 crore in Q1 June 2016 over Q1 June 2015.
Government of India owned 59.24% stake in Bank of Baroda (as on 30 June 2016).
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