Time period given by analyst is Intra Day when Bank of Baroda price can reach defined target.
Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 45559.70 Crore).
Bank of Baroda key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 21355.53 Crore, down -10.13 % from last quarter Total Income of Rs 23762.09 Crore and down -1.52 % from last year same quarter Total Income of Rs 21684.71 Crore. The bank reported net profit after tax of Rs 1227.36 Crore in latest quarter.
Investment Rationale
Surpassed its falling supply trend line with highest daily and weekly close in last 33 weeks
Promoter/FII Holdings
Promoters held 63.97 per cent stake in the company as of the fourth quarter ending March 31, 2021, while FIIs held 6.89 per cent, DIIs 15.52 per cent and public & others 13.62 per cent.
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