Bank of Baroda 0.55 per cent to Rs 242.55 at 10:31AM (IST) in Friday's trade. The stock hit a high of Rs 245.10 and low of Rs 241.45 so far during the session. The stock had closed at Rs 241.20 in the previous session.
The counter had a total traded volume of 10:31AM shares so far with a turnover of Rs 4.58 crore on BSE. The stock traded at a price-to-earnings multiple of 6.28 and a price-to-book ratio of 1.14.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Bank of Baroda belongs to the Banks — Public Sector industry.
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