Published on 9/06/2021 10:48:58 AM | Source: Accord Fintech

Bank of Baroda jumps on the BSE

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Bank of Baroda is currently trading at Rs. 85.05, up by 3.20 points or 3.91% from its previous closing of Rs. 81.85 on the BSE.

The scrip opened at Rs. 82.75 and has touched a high and low of Rs. 86.20 and Rs. 82.75 respectively. So far 4170636 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 99.80 on 19-Feb-2021 and a 52 week low of Rs. 39.50 on 25-Sep-2020.

Last one week high and low of the scrip stood at Rs. 86.20 and Rs. 80.20 respectively. The current market cap of the company is Rs. 44008.29 crore.

The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 22.79% and 13.24% respectively.

Bank of Baroda is planning to conduct an e-auction of as many as 46 NPA accounts later this month to recover dues of Rs 597.41 crore. The bank intends to sell these NPA accounts to asset reconstruction companies (ARCs) / banks / NBFCs or other financial institutions (FIs) on a 100 percent cash basis, for which the e-auction will take place on June 21, 2021.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.