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.
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Bank of Baroda share price as on 08 Sep 2024 is Rs. 235.85. Over the past 6 months, the Bank of Baroda share price has decreased by 15.19% and in the last one year, it has increased by 20.45%. The 52-week low for Bank of Baroda share price was Rs. 187.85 and 52-week high was Rs. 299.7.
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