Bank Of Baroda share are up by 1.29%, Nifty up by 0.19% | Stock Market News
Source: Live Mint
Bank Of Baroda Share Price Today on
On the technical front, the stock is trading above the 5,10,20,50 days SMA & lower than the 100,300 day SMA. The stock will have support at 5,10,20,50 days SMA & face resistance at 100,300 days SMA
The SMA values for the stock are given below :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹246.9, ₹248.3, & ₹250.9, whereas it has key support levels at ₹242.9, ₹240.3, & ₹238.9.
Till 11 AM today, the volume traded on NSE & BSE for Bank Of Baroda was 3.47% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 16.70%
The median 1-year forecasted upside in this share is at 15.47% with a target price of ₹286.60.
The company has a 63.97% promoter holding, 5.84% MF holding, & 11.45% FII holding as per filings in the june quarter.
The MF holding has decreased from 6.13% in march to 5.84% in the june quarter.
The FII holding has decreased from 12.40% in march to 11.45% in the june quarter.
Bank Of Baroda share price up 1.29% today to trade at ₹248.2 while its peers are mixed. Its peers such as Axis Bank, Kotak Mahindra Bank are falling today, but its peers Punjab National Bank, Indusind Bank are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.19% & 0.01% each respectively.
