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Sell Bank of Baroda, target price Rs 46: Chandan Taparia

The analyst suggested a stoploss at Rs 58 .

Last Updated: Mar 30, 2020, 08.53 AM IST
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Chandan Taparia of Motilal Oswal Securities has a sell call on Bank of Baroda with a target price of Rs 46.0 . The current price of Bank of Baroda is Rs 54.4 Time period given by the analyst is Intra Day when Bank of Baroda price can reach defined target. . Chandan Taparia recommended to keep a stoploss at Rs 58 .

Bank of Baroda, incorporated in 1911, has a market cap of Rs 25135.88 crore.

Bank of Baroda's key products/revenue segments include Interest & Discount on Advances & Bills which contributed Rs 34388.97 crore to sales value (68.81 per cent of total sales), Income From Investment which contributed Rs 12786.72 crore to sales value (25.58 per cent of total sales) and Interest which contributed Rs 1063.22 crore to sales value (2.12 per cent of total sales) for the year ending March 31, 2019.

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