Bank of Baroda rises 0.66% as Sensex climbs

Shares of Bank of Baroda traded at Rs 271.4 on BSE at 11:21AM (IST) on Tuesday, up 0.66 per cent from previous close.

The scrip quoted a 52-week low price of Rs 153.6 and a high of Rs 280.85.

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

A total of 273,490 lakh shares changed hands on the counter till 11:21AM (IST).

The stock of Bank of Baroda commanded a market value of Rs 140428.34 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 7.4, while the price-to-book value ratio stood at 0.83. Return on equity (ROE) was at 14.18 per cent, according to exchange data.

In the BSE500 pack, 295 stocks traded in the green, while 205 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 31-Dec-2023 while overseas and domestic institutional investors owned 12.27 per cent and 8.61 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 208.96 on February 27, while the 50-DMA was at 242.59. 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.

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