Tuesday, 16 February 2016

RBI finds irregularities! Bank of Baroda down 3% after Monday's spectacular show

The scrip opened at Rs. 141.25 and has touched a high and low of Rs. 141.25 and Rs. 133.8 respectively


A day after surging over 22%, Bank of Baroda is trading lower by 3% at Rs. 134. Report says that RBI found irregularities in Bank of Baroda forex transactions.

The scrip opened at Rs. 141.25 and has touched a high and low of Rs. 141.25 and Rs. 133.8 respectively. So far 6412802(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 32154.55 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 above its 200 DMA.

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