Bank of Baroda shares gain 0.39% as Sensex rises

economictimes.indiatimes.com:

Bank of Baroda traded 0.39 per cent up at Rs 194.0 at 01:29PM (IST) on Friday, even as BSE benchmark Sensex gained 434.32 points to 65675.0. The scrip had settled at Rs 193.25 in the previous session. The stock quoted a 52-week high price of Rs 210.8 and 52-week low of Rs 113.35, respectively.

As per BSE data, total traded volume on the counter till 01:29PM (IST) stood at 1071263 shares with a turnover of Rs 2083.0 crore. At the prevailing price, the stock traded at 6.73 times its trailing 12-month EPS of Rs 29.01 per share and 0.83 times its price-to-book value, exchange data showed. A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.

Price-to-book value indicates the inherent value of a company and reflects the price investors are ready to pay even for no growth in the business. The stock's Beta value, which measures its volatility in relation to the broader market, stood at 1.82.Shareholding Details Promoters held 63.97 per cent stake in the company as of 30-Jun-2023, while FIIs owned 12.29 per cent and DIIs 9.82 per cent.Technicals On the technical charts, the relative strength index (RSI) of the stock stood at 44.53. The RSI oscillates between zero and 100.