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Bank of Baroda falls despite its consolidated net profit rises 6% to Rs 4727.81 crore
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Bank Of Baroda is currently trading at Rs. 252.05, down by 1.80 points or 0.71% from its previous closing of Rs. 253.85 on the BSE.
The scrip opened at Rs. 258.00 and has touched a high and low of Rs. 258.10 and Rs. 251.20 respectively. So far 1247120 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 298.45 on 03-Jun-2024 and a 52 week low of Rs. 185.75 on 16-Aug-2023.
Last one week high and low of the scrip stood at Rs. 260.70 and Rs. 244.05 respectively. The current market cap of the company is Rs. 130318.33 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 27.48% and 8.55% respectively.
Bank of Baroda has reported results for first quarter ended June 30, 2024 (Q1FY25).
The bank has reported 9.53% rise in its net profit at Rs 4458.15 crore for the quarter ended June 30, 2024 as compared to Rs 4070.07 crore for the same quarter in the previous year. Total income of the bank increased by 7.49% at Rs 32115.95 crore for Q1FY25 as compared to Rs 29878.07 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported 6.19% rise in net profit at Rs 4727.81 crore for Q1FY25 as compared to Rs 4452.10 crore for the same quarter in the previous year. Total income of the bank increased by 7.45% at Rs 35800.94 crore for Q1FY25 as compared to Rs 33318.13 crore for the corresponding quarter previous year.
