Bank of Baroda

NSE: BANKBARODA | BSE: 532134 | ISIN: INE028A01039 | Industry: Banks
| Turnaround Potential

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Bank of Baroda
08 Jun 2017
252.08
1.26%

Bank of Baroda

Geojit BNP Paribas
Though we expect consolidation in the loan book to continue for the next couple of quarters, we continue to like the bank owing to its better capital position, able management and higher provision coverage ratio. Further, gradual improvement in asset quality will lead to better profitability. As a result, we expect the RoA and RoE to improve to 0.5% and 8%, respectively by FY19E. Hence, we continue to maintain BUY rating with a revised upwards TP of Rs200 and value...
Number of FII/FPI investors decreased from 787 to 767 in Jun 2025 qtr
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