Bank of Baroda trades higher on reporting 22% rise in Q2 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Bank of Baroda is currently trading at Rs. 101.40, up by 0.75 points or 0.75% from its previous closing of Rs. 100.65 on the BSE.
The scrip opened at Rs. 102.30 and has touched a high and low of Rs. 103.05 and Rs. 101.25 respectively. So far 1170513 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 108.00 on 10-Nov-2021 and a 52 week low of Rs. 44.45 on 13-Nov-2020.
Last one week high and low of the scrip stood at Rs. 108.00 and Rs. 99.20 respectively. The current market cap of the company is Rs. 52696.18 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 22.52% and 13.49% respectively.
Bank of Baroda has reported a rise of 24.38% in its net profit at Rs 2,087.85 crore for second quarter ended September 30, 2021 as compared to Rs 1,678.60 crore for the same quarter in the previous year. However, total income of the bank decreased by 2.21% at Rs 20,270.74 crore for Q2FY22 as compared Rs 20,729.31 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a rise of 22.39% in its net profit at Rs 2,167.85 crore for the quarter under review as compared to Rs 1,771.21 crore for the same quarter in the previous year. Total income of the bank increased marginally by 0.63% at Rs 21,998.76 crore for Q2FY22 as compared Rs 21,861.23 crore for the corresponding quarter previous year.
