Bank of Baroda jumps on reporting 2-fold jump in Q3 consolidated net profit
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Bank of Baroda is currently trading at Rs. 114.80, up by 8.20 points or 7.69% from its previous closing of Rs. 106.60 on the BSE.
The scrip opened at Rs. 108.90 and has touched a high and low of Rs. 117.25 and Rs. 108.25 respectively. So far 7994228 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 117.25 on 07-Feb-2022 and a 52 week low of Rs. 61.80 on 22-Apr-2021.
Last one week high and low of the scrip stood at Rs. 117.25 and Rs. 102.45 respectively. The current market cap of the company is Rs. 60168.80 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 22.02% and 14.00% respectively.
Bank of Baroda has reported 2-fold jump in its net profit at Rs 2,197.03 crore for third quarter ended December 31, 2021 as compared to Rs 1,061.11 crore for the same quarter in the previous year. Total income of the bank marginally increased by 0.37% at Rs crore 20,482.26 for Q3FY22 as compared Rs 20,407.45 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported 2-fold jump in its net profit at Rs 2,463.75 crore for third quarter ended December 31, 2021 as compared to Rs 1,195.96 crore for the same quarter in the previous year. Total income of the bank marginally increased by 1.18% at Rs 22,072.99 crore for Q3FY22 as compared Rs 21,815.76 crore for the corresponding quarter previous year.
