Bank of Baroda rises 1.42% as Sensex slides

Shares of Bank of Baroda traded at Rs 270.5 on BSE at 12:12PM (IST) on Tuesday, up 1.42 per cent from previous close.

The stock quoted a 52-week low price of Rs 165.1 and a high of Rs 285.5.

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

A total of 205,056 lakh shares changed hands on the counter till 12:12PM (IST).

The stock of Bank of Baroda commanded a market value of Rs 140350.77 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 7.39, 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, 288 stocks traded in the green, while 212 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 foreign 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 218.26 on April 02, while the 50-DMA was at 259.53. 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.