Bank of Baroda share price: Bank of Baroda share price rises by 1.73% due to decline in Nifty.
A total of 631,694 shares were traded on the exchange, with a total value of Rs 14.61 crore.
The stock has a 52-week high of ₹235.95 and a 52-week low of ₹146.5.
On the technical chart, the 200-DMA of the stock was Rs 194.78 and the 50-DMA was Rs 207.56. If a stock is trading above the 50 DMA and 200 DMA, this usually means the immediate trend is up. On the other hand, if a stock is trading below 50DMA and 200DMA, it is considered to be in a bearish trend, while if it is trading between 50DMA and 200DMA, it indicates that the stock could go anywhere.
The company’s stock price rose 25.09% over the past year, and the Sensex also rose 16.99% during the same period.
The stock trades at a price-to-earnings multiple of 6.51 and a price-to-book ratio of 0.83, according to BSE data. A higher P/E ratio indicates that investors are willing to pay a higher price due to expectations of better future growth. Share price relative to book value represents the intrinsic value of a company and reflects the price investors are prepared to pay even if there is no growth in the business. The stock belongs to the Banking – Public Sector industry.
