Bank of Baroda is currently trading at Rs. 166.75, up by 5.70 points or 3.54% from its previous closing of Rs. 161.05 on the BSE.
The scrip opened at Rs. 161.45 and has touched a high and low of Rs. 167.70 and Rs. 160.60 respectively. So far 543209 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 191.65 on 06-Feb-2017 and a 52 week low of Rs. 128.40 on 24-May-2016.
Last one week high and low of the scrip stood at Rs. 167.70 and Rs. 157.45 respectively. The current market cap of the company is Rs. 37868.86 crore.
The promoters holding in the company stood at 59.24%, while institutions and non-institutions held 32.84% and 7.92% respectively.
The Capital Raising Committee of Bank of Baroda’s board on March 14, 2017 has approved raising of funds through issuance of Basel III compliant Additional Tier-I bonds (perpetual debt instrument) amounting to Rs 500 crore with green shoe option of Rs 500 crore. The issuance will be on private placement basis depending on market conditions.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.