Bank of Baroda

 

BANK OF BARODA


Bank of Baroda reported a steady operating performance.

A healthy growth rate.

Business growth was strong with loans growing 6% Q-o-Q.

Asset quality improved sharply with GNPA and NNPA ratios falling

NIM fell 5 bps q-o-q to 3.08%.

FIIs holding increased from 7.37 to 9.14 in Q4 and 

DIIs holding increased from 14.65 to 15.08.

Risk reward looks attractive and valuation is inexpensive.

The potential upside of 28% 



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