Trending stocks: Bank of Baroda shares gain nearly 4%

NEW DELHI: Shares of Bank of Baroda traded 3.81 per cent up in Wednesday's trade at 11:04AM (IST). Around 2188614 shares changed hands on the counter. The stock opened at Rs 48.6 and touched an intraday high and low of Rs 50.75 and Rs 48.2, respectively, in the session so far.

The stock quoted a 52-week high of Rs 144.0 and a 52-week low of Rs 36.25.

State-owned Bank of Baroda (BoB) said it will mop up Rs 2,000 crore by issuing bonds to fund its growth plans.


Financials
Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 22918.01 Crore).


Bank of Baroda key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 34388.97 Crore to Sales Value (68.81 % of Total Sales), Income From Investment which contributed Rs 12786.72 Crore to Sales Value (25.58 % of Total Sales) and Interest which contributed Rs 1063.22 Crore to Sales Value (2.12 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 71.6 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 24.7 and price to book value of 0.26.