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    Bank of Baroda shares gain 1.2% as Sensex falls

    Synopsis

    A total of 317,132 shares changed hands on the counter till 11:01AM (IST)

    market-getty-24Getty Images
    Shrikant Chouhan of Kotak Securities said Nifty50 topping the 15,800 mark was completely unexpected.
    Shares of Bank of Baroda traded 1.2 per cent up at Rs 276.6 at 11:01AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 350.18 points to 73522.11. The scrip had closed at Rs 273.3 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 280.85 and Rs 155.65, respectively.

    As per BSE data, total traded volume on the counter till 11:01AM (IST) stood at 11:01AM shares with turnover at Rs 8.72 crore.

    At the prevailing price, shares of the company trades at 7.5 times its trailing 12-month EPS of Rs 36.71 per share and 0.83 times its price-to-book value, the exchange data showed.

    A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.82.

    Shareholding Details
    Promoters held 63.97 per cent stake in the company as of 31-Dec-2023, while FIIs owned 12.27 per cent and DIIs 15.67 per cent.


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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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