Bank of Baroda slumped 7.93% to Rs 200.20 at 11:18 IST on BSE after net profit declined 68.12% to Rs 333.98 crore on 11.16% growth in total income to Rs 11808.34 crore in Q3 December 2014 over Q3 December 2013.
The Q3 result was announced during market hours today, 30 January 2015.
Meanwhile, the S&P BSE Sensex was down 300.67 points or 1.01% at 29,381.10.
High volumes accompanied the stock's decline. On BSE, so far 9.65 lakh shares were traded in the counter as against average daily volume of 1.75 lakh shares in the past one quarter.
The stock was volatile. The stock fell as much as 8.94% at the day's low of Rs 198 so far during the day. The stock rose as much as 1.54% at the day's high of Rs 220.80 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 101.80 on 21 February 2014.
The stock had underperformed the market over the past one month till 29 January 2015, rising 1.73% compared with Sensex's 8.34% rise. The scrip had, however, outperformed the market in past one quarter, advancing 20.07% as against Sensex's 9.53% rise.
The large-cap bank has equity capital of Rs 432.15 crore. Face value per share is Rs 2.
Government of India holds 56.26% stake in Bank of Baroda (as per the shareholding pattern as on 31 December 2014).
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