Bank of Baroda is currently trading at Rs. 173.35, up by 1.65 points or 0.96% from its previous closing of Rs. 171.70 on the BSE.
The scrip opened at Rs. 172.95 and has touched a high and low of Rs. 174.10 and Rs. 171.55 respectively. So far 358635 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. 174.10 and Rs. 160.45 respectively. The current market cap of the company is Rs. 40034.77 crore.
The promoters holding in the company stood at 59.24%, while institutions and non-institutions held 32.84% and 7.92% respectively.
Bank of Baroda has reportedly entered into memorandum of understanding (MOU) with Jain Irrigation Systems, with an objective to finance the Micro Irrigation systems i.e. drip and sprinkler irrigation sold by the company through the network of Bank of Baroda branches across the country. This scheme is aimed to provide financial assistance to purchase of micro irrigation systems to increase the area under irrigation thus helps to improve yield of crop and helps in saving water.
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.