Forex scam! Bank of Baroda stock plunges 4%

Report says that the bank has suspended two senior officials and done an investigation to verify in connection to the alleged forex scam in one of its Delhi branches.

Bank of Baroda stock is lower by 4% at Rs. 174. Report says that the bank has suspended two senior officials and done an investigation to verify in connection to the alleged forex scam in one of its Delhi branches.

The scrip opened at Rs. 168 and has touched a high and low of Rs. 176.2 and Rs. 168 respectively. So far 8657532 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 42004.83 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 228.9 on 23-Jan-2015 and a 52 week low of Rs. 137.5 on 29-Jun-2015. Last one week high and low of the scrip stood at Rs. 190.9 and Rs. 181.65 respectively.

The promoters holding in the company stood at 59.24 % while Institutions and Non-Institutions held 33.21 % and 7.55 % respectively.

The stock is currently trading above its 50 DMA.