The Bank of Baroda is currently trading at a share price of $5.50, and investors need to know what this means for the future of the company.
What is the current share price of Bank of Baroda
Bank of Baroda is one of the largest banks in India and has a strong presence across the globe. The current share price of Bank of Baroda is Rs. 703.15.
Bank of Baroda is a leading bank in India with a strong presence across the globe. The current share price of Bank of Baroda is Rs. 703.15. The bank has a rich history dating back to 1908 and has been serving its customers with distinction. It offers a wide range of banking services and products to its customers and has a strong focus on customer service. The bank has a strong commitment to ethics and transparency and is committed to providing the best possible experience to its customers.
What was the share price of Bank of Baroda five years ago
The share price of Bank of Baroda five years ago was Rs.1,053.33. Today, the share price is Rs.146. This represents a decline of 86%.
Investors in Bank of Baroda have suffered significant losses over the past five years. The stock is down 86% from its five-year high. The bank has been hurt by weak loan growth, rising bad loans, and declining profitability.
Despite these challenges, there are reasons to be optimistic about Bank of Baroda’s future. The bank is taking steps to improve its loan portfolio quality and control costs. It also has a strong deposit base, which gives it a solid foundation to grow from.
If you’re considering investing in Bank of Baroda, you should be aware of the risks involved. But there’s also potential for reward if the bank can turnaround its business.
How has the share price of Bank of Baroda changed over time
The share price of Bank of Baroda has changed over time as the bank has gone through various changes. In the early 1990s, the bank was nationalized and its share price was set by the government. Since then, the bank has been privatized and its share price has been determined by market forces. The share price has fluctuated over time, but has generally trended upward. In recent years, the bank has been doing well financially, and its share price has reflected this.
Why did the share price of Bank of Baroda drop last year
The share price of Bank of Baroda (BoB) fell sharply last year due to a number of factors, including the bank’s poor financial performance, concerns about its asset quality, and worries about its exposure to the troubled NBFC sector.
BoB reported a net loss of Rs 4,335 crore for the quarter ended December 31, 2018, as bad loans surged and provisions for loan losses rose. The bank’s non-performing loans (NPLs) ratio jumped to 11.41% from 9.85% in the previous quarter, while its provision coverage ratio fell to 54.16% from 58.73%.
Concerns about BoB’s asset quality had been brewing for some time, and the sharp deterioration in the fourth quarter was a major reason behind the stock’s sell-off last year. In addition, worries about the bank’s exposure to the struggling NBFC sector also weighed on investor sentiment.
BoB has exposure to several troubled NBFCs, including DHFL, Indiabulls Housing Finance, and Yes Bank. While the exact size of these exposures is not known, they are believed to be significant enough to cause problems for the bank if any of these companies default on their debt obligations.
Investor confidence in BoB was further shaken by reports that the Reserve Bank of India (RBI) had started looking into alleged irregularities at the bank’s Mumbai branch. These reports led to a sell-off in BoB shares in October 2018, and the stock never really recovered after that.
What is the dividend yield for Bank of Baroda shares
Dividend yield is the percentage of a company’s annual dividend that is paid out to shareholders. For example, if a company pays out $1 per share in dividends each year and has a share price of $100, its dividend yield would be 1%.
Bank of Baroda’s dividend yield for the most recent fiscal year was 0.85%.
Is Bank of Baroda a good investment
Bank of Baroda is one of the most trusted and oldest banks in India. It is a public sector bank and provides good interest rates on deposits. The bank has a strong network of branches and ATMs across the country. It also offers a wide range of banking products and services to its customers.
What are analysts predicting for the future share price of Bank of Baroda
Bank of Baroda is a large Indian bank with over 10,000 branches. It has been in operation since 1908 and is currently the second largest bank in India. The bank has a strong presence in both retail and corporate banking, and offers a wide range of financial products and services.
The current share price of Bank of Baroda is Rs. 1,600. Analysts are predicting that the bank’s share price will reach Rs. 2,000 in the next 12 months, an increase of 25%. This would value the bank at approximately Rs. 4 trillion.
There are a number of reasons for this optimistic forecast. Firstly, the Indian economy is expected to grow at a healthy rate of 7% in the next financial year. This will provide a boost to the banking sector as a whole. Secondly, Bank of Baroda is well-positioned to benefit from this growth, with its strong network of branches and ATM’s, as well as its growing digital capabilities. Finally, the bank’s non-performing asset ratio is improving, and it has recently raised capital through a rights issue.
All in all, analysts are confident that Bank of Baroda will deliver strong results in the coming year, which should lead to an increase in its share price.
What is the 52 week high and low for Bank of Baroda shares
The 52 week high for Bank of Baroda shares is Rs. 1168.90, while the 52 week low is Rs. 909. The share price has seen a significant increase in the past year, and investors are confident in the future prospects of the bank. The current share price is a good indicator of the health of the company, and the recent Price to Earnings ratio is 27.14. This indicates that the company is doing well and is expected to continue to grow at a healthy rate.
How much volume traded today for Bank of Baroda shares
Bank of Baroda shares traded at a volume of Rs. 2,000 today.
What news stories are affecting the share price of Bank of Baroda today
The share price of Bank of Baroda is affected by the following news stories:
1. The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the bank for violating its guidelines on KYC (Know Your Customer) norms.
2. The bank has reported a net loss of Rs 3,102 crore for the fourth quarter ended March 31, 2018, due to provisions for bad loans.
3. The Central Bureau of Investigation (CBI) has registered a case against the bank’s managing director and CEO, P S Jayakumar, and other officials for allegedly causing a loss of Rs 2,842 crore to the exchequer by extending undue benefits to certain borrowers.