Bank of Baroda falls post Q2 results

22nd October 2012 03:18 PM

Bank of Baroda (BoB), one of the leading public sector lenders, fell on Monday after itreported Q2 earnings.

The bank reported a rise of 11.60% in net profit of Rs 13.01 billion for the quarter ended Sept. 30, 2012 as compared to Rs 11.66 billion for the quarter ended Sept. 30, 2011. Analysts had on an average estimated profit of Rs 11.47 billion.

Total income has gone up 19.60% to Rs 95.51 billion for the quarter ended Sept. 30, 2012 from Rs 79.86 billion in the year ago period.Shares of the bank are trading at Rs 784.50, down Rs 12.45, or 1.56% at the Bombay Stock Exchange (BSE) on Monday at 12:19 p.m.The scrip has touched an intra-day high of Rs 796.10 and low of Rs 777. The total volume of shares traded at the BSE is 166,114.In the earlier session, the shares lost 0.37%, or Rs 2.94, at Rs 796.95. Currently, the stock is trading down 10.95% from its 52-week high of Rs 881 and above 29.4% over the 52-week low of Rs 606.25.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 777.10 19.85 2.55 1 Month 747.40 49.55 6.63 3 Months 696.25 100.70 14.46 6 Months 744.15 52.80 7.10 1 Year 744.20 52.75 7.09 Note: Based on previous day closing price.

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