Tuesday 23 December 2014

BoB spurts after fixing record date for stock split

Bank of Baroda (BoB) has started the day on a firm note with a gain of a per cent at Rs. 1,068, after the bank fixed 23 January 2015 as the record date for 5-for-1 stock split.

Soon, the stock added more gains and touched a high of Rs. 1,080. Currently, Bank of Baroda has jumped almost 2 per cent at Rs. 1,076.

The counter has witnessed trades of around 29,000 shares in early morning deals, as against the two-week daily average volume of 150,000 shares on the BSE.

Meanwhile, the BSE Sensex has rallied over 100 points at 27,816.

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