Thursday 18 February 2016

Bank of Baroda surges 4%

The scrip opened at Rs. 141.9 and has touched a high and low of Rs. 145.8 and Rs. 141.9 respectively.


Bank of Baroda Ltd stock was higher by 4% at Rs. 144. Report says that given the backdrop of the Bank of Baroda's Rs. 6,000 crore illegal remittance case, CBI will be engaging with Indian Banks Association to have look into economic and banking offences being reported from large number of banks and come up with preventive measures.

The scrip opened at Rs. 141.9 and has touched a high and low of Rs. 145.8 and Rs. 141.9 respectively. So far 3329194(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 31866.53 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 216.25 on 18-Aug-2015 and a 52 week low of Rs. 109.45 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 142 and Rs. 109.45 respectively.

The promoters holding in the company stood at 59.24 % while Institutions and Non-Institutions held 33.71 % and 7.06 % respectively.

The stock is currently trading below its 200 DMA.

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