Bank of Baroda moves up on planning to raise funds
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Bank of Baroda is currently trading at Rs. 217.10, up by 1.10 points or 0.51% from its previous closing of Rs. 216.00 on the BSE.
The scrip opened at Rs. 217.45 and has touched a high and low of Rs. 218.75 and Rs. 214.70 respectively. So far 621115 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 219.60 on 18-Sep-2023 and a 52 week low of Rs. 146.50 on 02-Feb-2023.
Last one week high and low of the scrip stood at Rs. 218.75 and Rs. 208.05 respectively. The current market cap of the company is Rs. 112115.13 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 28.39% and 7.64% respectively.
Bank of Baroda is planning to raise funds. The meeting of Capital Raising Committee of Bank is scheduled to be held on December 15, 2023 to discuss and finalize the quantum of the first tranche of Tier II/Sub debt instruments issue within the Board approved capital raising plan.
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.
