Bank of Baroda, incorporated in 1911, has a market cap of Rs 24026.95 crore.
Investment Rationale
Quarterly Results
Financials
For the quarter ended March 31, 2020, the company reported consolidated interest income of Rs 13642.12 crore, down -2.03 per cent from last quarter Interest Income of Rs 13924.35 crore and up 43.12 per cent from last year same quarter interest income of Rs 9531.83 crore. The bank has reported net profit after tax of Rs 481.10 crore in the latest quarter.
Promoter/FII Holdings
Promoters held 71.60 per cent stake in the company as of March 31, 2020, while FIIs held 4.57 per cent, DIIs 13.95 per cent and public and other 9.88 per cent.
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