Bank of Baroda rose 1.04% to Rs 870.50 at 11:40 IST on BSE after the company reported good Q1 results during trading hours today, 29 July 2014.
Meanwhile, the BSE Sensex was down 127.33 points, or 0.49%, to 25,999.42.
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.
The large-cap state-run bank has an equity capital of Rs 432.15 crore. Face value per share is Rs 10.
Bank of Baroda's 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.
Ratio of net non-performing assets (NPAs) to net advances stood at 1.58% as on 30 June 2014, compared with 1.52% as on 31 March 2014 and 1.69% as on 30 June 2013.
The bank's ratio of gross NPAs to gross advances stood at 3.11% as on 30 June 2014, compared with 2.94% as on 31 March 2014 and 2.99% as on 30 June 2013.
Provisions and contingencies fell 48.25% to Rs 526.71 crore in Q1 June 2014 over Q1 June 2013. The provisioning coverage ratio as on 30 June 2014 stood at 66.68%.
The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 11.91% as on 30 June 2014, compared with 12.28% as on 31 March 2014 and 12.46% as on 30 June 2013.
Government of India holds 56.26% stake in BoB (as on 30 June 2014).
Powered by Capital Market - Live News
