The share price of Bank of Baroda went up by 0.55% to Rs 242.55 at 10:31 AM IST on Friday. The stock reached a highest price of Rs 245.10 and a lowest price of Rs 241.45 during the trading day. In the last session, the stock closed at Rs 241.20. Around that time, about 4.58 crore rupees’ worth of shares were traded. The price-to-earnings (P/E) ratio of the stock is 6.28, which means investors are willing to pay more for every rupee of profit because they believe the company has good growth potential. The price-to-book (P/B) ratio is 1.14, showing what investors are willing to pay for the company even if it doesn’t grow. Bank of Baroda is part of the public sector banking industry.
Regarding holdings, promoters owned 63.97% of the company by the end of September 2024. Foreign investors held 9.87%, while domestic institutional investors had a share of 16.33%. For its last quarter ending in September 2024, Bank of Baroda announced consolidated sales of Rs 39,454.98 crore, which is 10.21% more than the previous quarter’s Rs 35,800.94 crore and a 10.31% rise from Rs 35,766 crore a year ago.
from Business & Economy – TheLLV News – Truth, Trends & Insights https://ift.tt/U1zBE7p
via IFTTT
Comments
Post a Comment
If you liked this post please leave a comment otherwise provide your honest feedback so that we can improve our news blog magazine for you. 💞Thank You🥰🫰🙏