Bank of Baroda Share Price Insights and Projections

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The Bank of Baroda share price has shown a significant increase in recent years, with a growth rate of 20% from 2020 to 2022. This indicates a positive trend in the market's perception of the bank's performance.

One of the key factors contributing to this growth is the bank's expansion into new markets, particularly in Africa and the Middle East. The bank's presence in these regions has helped to increase its revenue and diversify its customer base.

Bank of Baroda's strong financial performance is also reflected in its improved return on equity (ROE), which has increased from 11.5% in 2020 to 14.2% in 2022. This indicates that the bank is generating more profits from its equity capital.

The bank's share price is expected to continue growing, with a projected increase of 15% in the next fiscal year. This is based on the bank's strong financial performance and its plans to expand into new markets.

Insights

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In the last 20 years, only 2.98% of trading sessions saw intraday declines higher than 5%. This suggests that Bank of Baroda's share price is relatively stable.

Bank of Baroda's loan book growth is impressive, with a 13.01% YoY increase, which is higher than its 5-year CAGR of 9.04%. This indicates a strong trend in the bank's lending business.

The bank's net profit per employee has been on an uptrend, with a 31.2% growth last year. This is a positive sign for the bank's financial health.

Over the last 3 years, Bank of Baroda's stock has given a 3-year return of 194.23%, outperforming the Nifty 100's return of 39.6%. This shows that the bank's share price has been a good investment option.

Here's a comparison of Bank of Baroda's share price movement:

Key Indicators

The Bank of Baroda share price has been a topic of interest for many investors, and understanding the key indicators can help you make informed decisions. The current market capitalization of Bank of Baroda is ₹1,25,897 Cr.

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The price to book ratio of Bank of Baroda is 1.05, which is lower than the sector median of 1.27. This indicates that the stock is undervalued compared to its peers.

The return on equity (ROE) of Bank of Baroda is 16.38%, which is a significant improvement from previous years. The return on assets (ROA) is 1.16%, indicating that the bank is generating profits from its assets.

The net interest income of Bank of Baroda has grown by 9.69% year-over-year, driven by an increase in deposits and advances. The profit before tax has also increased by 25.45% year-over-year, indicating a strong financial performance.

Here are some key indicators of Bank of Baroda's financial performance:

The basic EPS (TTM) of Bank of Baroda is ₹36.29, indicating a strong earnings performance. The dividend yield is 3.12%, which is a decent return for investors.

Performance

The performance of Bank of Baroda's share price has been quite volatile in recent times, with a 0.67% increase in price on the day of the data.

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Let's take a closer look at the stock's price movements. On the day in question, the stock opened at ₹242.67, hit a high of ₹245.95, and a low of ₹242.32.

The price increase of 0.67% is a relatively small gain, but it's still a positive sign for the stock's performance.

Here's a summary of the stock's price movements on that day:

Over the past 1 year, the stock has seen a significant gain of 4.35%, which is a positive sign for long-term investors.

The Latest Updates

As of January 3rd, 2025, Bank of Baroda's share price is Rs.243.45. This is based on the latest updates available.

In the past 6 months, the bank's share price has decreased by 9.01%. This is a significant drop, but it's essential to consider the bigger picture.

Bank of Baroda's share price has actually increased by 4.52% in the last one year. This is a positive trend, especially considering the current market conditions.

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Here's a summary of the bank's share price movement in the last year:

The bank's share price has fluctuated significantly over the past year, but it's essential to remember that these are just numbers. It's crucial to do your own research and consider multiple factors before making any investment decisions.

Stocks Comparison

Bank of Baroda's market capitalization is a whopping ₹1,25,897 crore, making it a significant player in the banking sector.

Comparing Bank of Baroda's performance to its peers, we can see that it has a Price-to-Book (P/B) ratio of 1.14, which is relatively lower compared to HDFC Bank Ltd. and ICICI Bank Ltd. with P/B ratios of 2.41 and 3.04 respectively.

Bank of Baroda's Return on Equity (ROE) is a respectable 16.38%, indicating that the company is generating good profits from its shareholder's equity.

Here's a comparison of Bank of Baroda's key ratios with its peers:

Bank of Baroda's Net Interest Margin (NIM) of 3.39% is lower compared to HDFC Bank Ltd. and ICICI Bank Ltd. with NIMs of 4.51% and 4.48% respectively.

The company's EPS growth rate of 25.92% is significantly higher compared to HDFC Bank Ltd. and ICICI Bank Ltd. with EPS growth rates of 9.41% and 29.33% respectively.

Targets

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The Bank of Baroda share price has some interesting targets to keep an eye on.

The first down price target for the weekly session is 239.79. This is a possible level the stock may touch or cross during trading sessions.

For the monthly session, the first down price target is 234.68. This is a level the stock of Bank of Baroda may try to reach or even cross.

Here are the possible weekly and monthly targets for Bank of Baroda:

The eighth down price target for the monthly session is 197.67, a significant drop from the first down target.

Corporate Actions

Corporate actions are significant events that can impact the stock price and overall performance of a company. Bank of Baroda has had its fair share of corporate actions, with a notable one being the quarterly results announcement.

The bank's board meeting dates for quarterly results announcements were October 25, 2024, July 31, 2024, May 10, 2024, and January 31, 2024. These meetings were announced on October 15, 2024, July 23, 2024, May 2, 2024, and January 16, 2024, respectively.

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Bank of Baroda has also declared dividends, with the most recent one being a 380% final dividend announced on May 13, 2024. This dividend was paid on the shares held as of June 28, 2024.

Here are the details of Bank of Baroda's dividend history:

In addition to these corporate actions, the bank has also undergone a stock split in the past. On January 22, 2015, the bank split its shares, with the old face value being 10.0 and the new face value being 2.0.

Weekly Targets

Weekly targets can be a crucial factor in predicting the future performance of a stock.

The first down price target for Bank Of Baroda is 239.79.

Reaching the first up price target, which is 243.46, could be a significant milestone for investors.

The second down price target is 234.6, which is lower than the first down target.

The second up price target is 244.14, indicating a possible increase in stock price.

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The third down price target is 233.64, which is lower than the second down target.

The third up price target is 247.07, showing a potential increase in stock price.

The fourth down price target is 226.69, which is lower than the third down target.

The fourth up price target is 249.44, indicating a possible increase in stock price.

Monthly Targets

In this section, we'll take a closer look at the monthly targets for Bank Of Baroda's share price. The first down price target is 234.68, which is a significant level to watch out for.

The first up price target is 258.83, indicating a potential increase in the share price. This could be a good opportunity for investors to buy in.

The second down price target is 233.88, which is slightly lower than the first down target. This might be a sign of a slight correction in the market.

Here are the monthly targets for Bank Of Baroda's share price:

The third up price target is 261.81, which is a significant level to watch out for. If the share price reaches this level, it could be a good sign of a strong market trend.

Frequently Asked Questions

Can I buy Bank of Baroda shares?

Yes, you can buy Bank of Baroda shares through a Demat account or indirectly through ETFs and Mutual Funds that offer exposure to the bank's shares. To get started, consider opening a Demat account with Angel One.

Will Bank of Baroda stock go up?

Bank of Baroda's stock is predicted to rise by 17.49% to ₹287.84, according to 32 analysts' ratings. This suggests a potential increase in the stock's value, but further research is recommended for a more informed decision.

What is the share price of BOB in 2024?

The Bank of Baroda (BOB) share price as of 2024 is Rs. 247.75. For the latest market updates and more information, please refer to our main page.

What is price to book ratio of Bank of Baroda?

As of the latest financial reports, Bank of Baroda's price-to-book ratio is 1.75065. This ratio indicates how much the market values the bank compared to its asset value.

Is Bank of Baroda listed?

Yes, Bank of Baroda is listed on the capital market since its initial public offering (IPO) in December 1996. The bank's shares are publicly traded.

Kristen Bruen

Senior Assigning Editor

Kristen Bruen is a seasoned Assigning Editor with a keen eye for compelling stories. With a background in journalism, she has honed her skills in assigning and editing articles that captivate and inform readers. Her areas of expertise include cryptocurrency exchanges, where she has a deep understanding of the rapidly evolving market and its complex nuances.

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