back to top
HomeBANKINGOpportunity To Buy This ₹263 Share; It Will Touch The Level Of...

Opportunity To Buy This ₹263 Share; It Will Touch The Level Of ₹331; Target Price

PSU Bank Stock to Buy: Public sector Bank of Baroda (NSE: BANKBARODA) stock came under pressure after the first quarter (Q1FY25) business update. The following Monday (July 8) the stock closed in a drop of more than 4 %.

However, after BoB’s quarterly update, brokerage houses are bullish on the stock for the long term and are advising to buy. The stock has jumped about 12 percent so far this year.

Bank Of Baroda: The Price Will Go Up To ₹ 331

Brokerage firm has advised to buy Bank of Baroda. The minimum price to be paid per share for the shares is  331 rupees.

Another Brokerage has given a BUY rating on PSU Bank Stock with a target of 300. The brokerage house says that the bank’s growth has slowed in the Q1FY25 quarter. 

Balance sheet consolidation and NIM (net interest margin) management are the priorities of the bank. On Monday, the stock of Bank of Baroda fell 4.11 percent to close at 262.45.

Bank Of Baroda: Jumped 150% In 2 Years

The shares of Bank of Baroda have given high returns over the long run. In the last 2 years, PSU Bank Stock has given a return of about 150 percent. 

While the return of 3 years has been 215 percent. The stock has jumped 25 percent in the last year and 12 percent so far this year. 

The 52-week high for this stock at BSE stands at 298.45 and the lowest is 185.75. The market capitalization for the firm is higher than 1.35 lakh crores.

Bank of Baroda Stock Performance

Current Price₹ 262
52-wk High₹ 300 
52-wk Low₹ 186
5 Days Return-2.92%
1 Month Return-4.85%

Key Fundamentals Parameters

Market Cap₹ 1,35,671 Cr.
Stock P/E7.23
Book Value₹ 231
Dividend2.90 %
ROCE6.33 %
ROE16.7 %
Face Value₹ 2.00
P/B Value1.13
OPM62.5 %
EPS₹ 36.3
Debt₹ 14,53,761 Cr.
Debt to Equity12.1

Bank of Baroda Shareholding Pattern

Promoters Holding
Mar 202363.97%
June 202363.97%
Sept 202363.97%
Dec 202363.97%
Mar 202463.97%
FII Holding
Mar 202310.93%
Jun 202312.29%
Sep 202312.39%
Dec 202312.27%
Mar 202412.40%
DII Holding
Mar 202316.74%
Jun 202315.77%
Sep 202315.74%
Dec 202315.75%
Mar 202416.04%
Hot Stocks Alert Join
Govt. Holding
Mar 20230.26%
Jun 20230.26%
Sep 20230.26%
Dec 20230.26%
Mar 20240.26%
Public Holding
Mar 20238.10%
Jun 20237.70%
Sep 20237.64%
Dec 20237.76%
Mar 20247.32%

Bank of Baroda Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 78,895 Cr
2021₹ 74,314 Cr
2022₹ 73,385 Cr
2023₹ 94,503 Cr
2024₹ 118,379 Cr

Last 5 Years’ Net Profit:

2020₹ 981 Cr
2021₹ 1,620 Cr
2022₹ 7,933 Cr
2023₹ 15,005 Cr
2024₹ 18,869 Cr

Conclusion

This article provides a detail guide about Bank of Baroda share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

If you’re new to our site and want to be updated on the latest market information, you can join us on the Telegram Group(Link below).

If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here