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Bank of Baroda share Price Today

Company details

267.75
272.20
179.85
285.60
6M Return 38.38%
1Y Return 46.73%
Mkt Cap.(Cr) 139,083.78
Volume 16,509,527
Div Yield 2.83%
OI
-
OI Chg %
-
Volume 16,509,527

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Incur '0' Brokerage upto ₹500
Strong all round performance; outlook remains intact
About The Stock

    Bank of Baroda is among leading PSU banks with a global loan book of ~₹ 9.7 lakh crore and has better operating metrics among PSBs.

    • Pan-India presence with ~8200 branches
    • The bank has a meaningful presence in international operations with its JVs and subsidiaries. Total ~18% of total business comes from overseas
Q4FY23

    Strong quarter led by NIM expansion and lower credit cost

    • NII up 33.8% YoY at ₹ 11525 crore, NIMs up 16 bps QoQ at 3.5%
    • C/I down 324 bps YoY to 46%; provisions down 40.9% QoQ
    • PAT at ₹ 4775 crore, up 2.7x YoY, ahead of our estimate
    • GNPA down 74 bps QoQ to 3.79%, slippage ratio below 1%

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Research view on more stocks

Bank of Baroda announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Standalone Net Profit: Rs 4,886 crore, compared to Rs 4,775 crore in Q4FY23.
  • Net Interest Income (NII): Rs 11,793 crore, a 2.3% YoY growth.
  • Non-Interest Income: Rs 4,191 crore, a 20.9% YoY growth.
  • Global NIM: 3.27%, an improvement of 17 bps sequentially.
  • Yield on Advances: 8.75%, up from 8.47% in Q4FY23.
  • Cost of Deposits: 5.06%, compared to 4.43% in Q4FY23.
  • Operating Income: Rs 15,984 crore.
  • Operating Profit: Rs 8,106 crore.

FY24 Financial Highlights:

  • Standalone Net Profit: Rs 17,789 crore, a 26.1% YoY increase.
  • NII: Rs 44,722 crore, an 8.1% YoY growth.
  • Non-Interest Income: Rs 14,495 crore, a 44.6% YoY increase.
  • Global NIM: 3.18%.
  • Operating Income: Rs 59,217 crore, a 15.3% YoY growth.
  • Operating Profit: Rs 30,965 crore, a 15.3% YoY increase.
  • Cost to Income ratio: 49.29%.
  • Return on Assets (annualised): 1.25% for Q4FY24, and 1.17% for FY24.
  • Return on Equity (annualised): 20.83% for Q4FY24, and 18.95% for FY24.
  • Consolidated Net Profit: Rs 18,767 crore for FY24.

Result PDF

View Other Company Results

Bank of Baroda shares SWOT Analysis

Strengths (13)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years

Weakness (1)

  • MFs decreased their shareholding last quarter

Opportunity (2)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
  • Stock with Low PE (PE < = 10)

Threats (3)

  • Increasing Trend in Non-Core Income
  • Increase in NPA in Recent Results
  • Increase in Provisions in Recent Results

Resistance and support

R1 271.5
R2 274.1
R3 276.0
Pivot

269.63

S1 267.1
S2 265.2
S3 262.6
EMA SMA
264.8
263.0
254.1
235.3
266.0
264.0
257.1
230.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Bulk Purchase 2024-04-23 261.3 32638297 NSE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Bulk Sell 2024-04-23 261.3 31625157 NSE
SOCIETE GENERALE Block Purchase 2024-04-23 261.3 32638297 NSE
Name Category Shares
President of India PROMOTER 63.97%

OUR RESEARCH VIEW

Investment recommendation
Strong all round performance; outlook remains intact
Call Date
17 May 2023
Entry Price 187.00
Target Price 220.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bank of Baroda Stocks COMPARISON

Financials( in Cr) Bank of Baroda HDFC Bank Ltd ICICI Bank Ltd State Bank of India Axis Bank Ltd
Price 268.95 1,517.20 1,131.95 828.60 1,174.00
% Change -0.11 1.65 -0.22 -0.42 0.75
Mcap Cr 139,083.78 1,152,603.34 794,893.32 739,493.35 362,363.32
Revenue TTM Cr 94,138.61 170,754.05 121,066.81 350,844.58 87,448.37
Net Profit TTM Cr 14,687.88 46,148.70 34,463.03 56,558.43 10,852.66
PE TTM 7.41 17.98 17.97 10.22 13.74
1 Year Return 46.73 -7.33 18.73 42.47 28.15
ROCE 0.00 0.00 0.00 0.00 0.00
ROE 14.92 17.20 17.66 18.44 8.75
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 105,054.71 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 36,628.54 -24,386.86
LAST 3M 102,786.44 -29,845.85
LAST 6M 169,824.52 52,410.32
LAST 12M 264,693.58 128,545.97
Bank of Baroda - Copy of Newspaper Publication

May 24, 2024 l NSE Announcement

Bank Of Baroda - Updates

May 18, 2024 l NSE Announcement

Date Action Type Ratio
Jun 28, 2024 Dividend 380
Jun 30, 2023 Dividend 275
Jun 17, 2022 Dividend 142.5

Bank of Baroda Information

Stock PE (TTM)
7.41
Promoter Holding
63.97%
Book Value
231.4883
ROE
14.92%
Description
  • Bank of Baroda (BOB) is an Indian state-owned international banking and financial services company. It was founded by Maharaja Sayajirao Gaekwad III, the Maharaja of Baroda, on 20 July 1908, with its headquarters in Vadodara. Since its nationalisation in 1969, it is under the Government of India and operates as a public sector undertaking (PSU). The bank’s market capitalisation on 21 June 2022 stood at Rs. 49,670 crore.

    Bank of Baroda’s share is listed on the Bombay Stock Exchange with the code 532134, and on the National Stock Exchange with the code BANKBARODA.

    The bank provides savings accounts, current accounts, home loans, vehicle loans, education loans, demat accounts, mutual fund investments, government deposit schemes, life insurance, general insurance, health insurance, and more financial services to individual customers. For MSME, corporate, agriculture, and other business entities, it offers financial and credit services.

    The bank’s board of directors includes Shri Sanjiv Chadha, Dr Hasmukh Adhia, Shri Ajay K Khurana, Shri Vikramaditya Singh Khichi, Shri Joydeep Dutta Roy, and Shri Debadatta Chand, among others. The bank’s auditors are J Kala & Associates, Dass Gupta & Associates, Vyas & Vyas, and R Devendra Kumar & Associates. On 31 March 2022, the bank disclosed a total of 517.14 crore shares outstanding.

    On 31 March 2022, the bank’s shareholding pattern showed a 63.97% stake with promoters, 9.14% stake with foreign institutional investors, 15.07% stake with domestic institutional investors, and 11.82% stake with the public.

    The mutual fund ownership of the bank on 31 May 2022 included HDFC Small Cap Direct Growth Fund with a 2.63% stake, Nippon India Direct Growth Fund with a 1.97% stake, HDFC Flexi Cap Direct Growth Fund with a 1.35% stake, and HDFC Balanced Advantage Direct Growth Fund with a 1.16% stake.

    Coming to BOB’s share price, on 21 June 2022, BOB’s share price on BSE closed at Rs. 96.05. BOB’s share price on NSE also closed at Rs. 96.05. The 52-week high for BOB Bank’s share price was Rs. 122.70, and the 52-week low for Bank of Baroda’s share price was Rs. 72.50.

    The peers within the banking sector for comparison with BOB’s share price include Canara Bank, Punjab National Bank, State Bank of India, and Indian Overseas Bank.

    Disclaimer- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Baroda House, Mandvi, Vadodara, Gujarat, 390006

Tel : 91-0265-2361724
Email : companysecretary.bcc:bankofbaroda.com, investorser
Website : http://www.bankofbaroda.co.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532134
NSE Code : BANKBARODA
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE028A01039

FAQ’s on Bank of Baroda Shares

You can buy Bank of Baroda shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bank of Baroda Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 03:59 PM the closing price of Bank of Baroda was Rs.268.95.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 03:59 PM, the market cap of Bank of Baroda stood at Rs. 139,083.78.

The latest PE ratio of Bank of Baroda as of May 24, 2024 03:59 PM is 7.41

The latest PB ratio of Bank of Baroda as of May 24, 2024 03:59 PM is 0.86

The 52-week high of Bank of Baroda share price is Rs. 285.60 while the 52-week low is Rs. 179.85

According to analyst recommendations, Bank of Baroda Share has a "Buy" rating for the long term.

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