Bank of Baroda rises 0.56% as Sensex climbs

Shares of Bank of Baroda traded at Rs 169.75 on BSE at 10:36AM (IST) on Thursday, up 0.56 per cent from previous close.

The scrip quoted a 52-week low price of Rs 77.0 and a high of Rs 171.95.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 450,531 lakh shares changed hands on the counter till 10:36AM (IST).

The stock of commanded a market value of Rs 88249.3 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 8.93, while the price-to-book value ratio stood at 0.63. Return on equity (ROE) was at 8.54 per cent, according to exchange data.

In the BSE500 pack, 338 stocks traded in the green, while 163 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 1.82.

Promotor/FII Holding
Promoters held 63.97 per cent in Bank of Baroda as of 30-Sep-2022 while overseas and domestic institutional investors owned 8.23 per cent and 11.66 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 118.67 on November 24, while the 50-DMA was at 144.79. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.