Bank Of Baroda Share Price Today on : Bank Of Baroda share are down by -2.32%, Nifty down by -0.24% | Stock Market News

Bank Of Baroda Share Price Today on : Bank Of Baroda share are down by -2.32%, Nifty down by -0.24% | Stock Market News

Source: Live Mint

Bank Of Baroda Share Price Today on : At 22 Oct 11:13 today, Bank Of Baroda shares are trading at price 240, -2.32% down from the previous closing price. Sensex is trading at 81012.92, down by -0.17%. The stock has hit a high of 245.05 and a low of 239.6 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

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 249.58, 253.57, & 255.94, whereas it has key support levels at 243.22, 240.85, & 236.86.

Till 11 AM today, the volume traded on NSE & BSE for Bank Of Baroda was -44.46% lower 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 current P/E of the stock is at 6.73 & P/B is at 1.00.

The median 1-year forecasted upside in this share is at 19.17% with a target price of 286.00.

The company has a 0.00% promoter holding, 6.50% MF holding, & 9.87% FII holding as per filings in the september quarter.

The MF holding has increased from 5.84% in june to 6.50% in the september quarter.

The FII holding has decreased from 11.45% in june to 9.87% in the september quarter.

Bank Of Baroda share price down -2.32% today to trade at 240 while its peers are mixed. Its peers such as Kotak Mahindra Bank, Axis Bank, Punjab National Bank, Indian Overseas Bank are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.24% & -0.17% each respectively.



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