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    Buy Bank of Baroda, target Rs 107: CK Narayan


    Buy Bank of Baroda at a price target of Rs 107.0 and a stoploss at Rs 98 from entry point.

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    CK Narayan of Chart Advise has a buy call on Bank of Baroda with a target price of Rs 107. The current market price of Bank of Baroda is Rs 101.25. Time period given by the analyst is Intra Day when Bank of Baroda price can reach defined target. CK Narayan recommended to keep stoploss at Rs 98. Bank of Baroda, incorporated in 1911, has a market cap of Rs 38948.11 crore.

    Bank of Baroda key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 34388.97 Crore to Sales Value (68.81 % of Total Sales), Income From Investment which contributed Rs 12786.72 Crore to Sales Value (25.58 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 1735.20 Crore to Sales Value (3.47 % of Total Sales) and Interest which contributed Rs 1063.22 Crore to Sales Value (2.12 % of Total Sales)for the year ending 31-Mar-2019.

    The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs .00 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs .00 Crore (.00% of total assets). For the quarter ended 30-06-2019, the company has reported a Consolidated Interest Income of Rs 13691.11 Crore, up 43.64 % from last quarter Interest Income of Rs 9531.83 Crore and up 65.87 % from last year same quarter Interest Income of Rs 8254.10 Crore. The bank has reported net profit after tax of Rs 826.13 Crore in latest quarter.
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    1 Comment on this Story

    Aar Aar327 days ago
    Can we believe PSB numbers?
    The Economic Times