18.1 C
Delhi
Tuesday, March 3, 2026

Bank of Baroda share price climbs 3%, hits 52-week high; here’s why

Bank of Baroda share price climbed 3 per cent to hit a 52-week high in intraday trade on the BSE on Monday, October 6. Shares of Bank of Baroda opened at 264.75 against its previous close of 263.95 and jumped 3 per cent to a 52-week high of 271.85.

The PSU bank stock jumped after posting provisional business figures for the September quarter of the current financial year (Q2FY26).

Bank of Baroda shares have been in the green since September 29th, and if the stock closes higher on October 6, it will be its fifth consecutive session of gains.

On a monthly scale, the stock is up 3 per cent in October so far after clocking a solid gain of 11 per cent in September. Year-to-date, the stock has risen by over 10 per cent, compared to a 4 per cent gain in the equity benchmark, the Sensex.

Bank of Baroda Q2 business update

According to the public-sector lender’s regulatory filing, as of 30th September 2025, its global business grew by 10.47 per cent year-on-year (YoY) to 27.79 lakh crore.

Its global advances grew by 11.90 per cent YoY to 12.79 lakh crore, while global deposits of the bank grew by 9.28 per cent YoY to 15 lakh crore as of 30th Sep 2025.

Domestic deposits saw a decent YoY rise of 9.66 per cent to 12.72 lakh crore, while domestic advances jumped 11.49 per cent YoY to 10.47 lakh crore. Domestic retail advances, excluding pool purchase, of Bank of Baroda jumped 17.56 per cent YoY to 2.73 lakh crore.

For Q1FY26, Bank of Baroda reported a 1.8 per cent YoY rise in its standalone net profit to 4,541.3 crore compared to 4,458 crore in the same period last year. The bank’s net interest income (NII) fell nearly 1.4 per cent year-over-year, reaching 11,435 crore in the June quarter, from 11,600 crore a year earlier. The global net interest margin (NIM) for the quarter under review was 2.91 per cent, and the domestic NIM was 3.06 per cent.

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

Latest

Middle East on the boil after Khamenei’s death: What does it mean for India’s trade, exports, crude oil & LPG supply?

India Business News: What will be the impact of the ongoing tensions in the Middle East on India’s trade, exports, crude oil and LPG supply? Growing geopoliti

Wall Street Week Ahead: Markets brace for turbulent week amid Middle East conflict; gold, Treasuries in focus

Beyond the Middle East conflict, market participants will monitor significant economic indicators, including the February payrolls report, auto sales figures, a

As US-Iran tensions rise, Maruti says export exposure limited, closely monitoring situation

India Business News: NEW DELHI: Maruti Suzuki, India’s biggest car exporter, said on Sunday said that the company is closely following developments in the Mid

Raising kids in this economy: To DINK or not? Why more Indian couples are rethinking parenthood

India Business News: Raising a child in today’s economy isn’t just about love, care, and dreams. It's more about smart planning and careful budgeting. Even

Gulf stocks fall, Kuwait halts trading as Iran targets GCC countries after US-Israeli strikes

Geopolitical tensions in the Gulf led to a market downturn, prompting Boursa Kuwait to suspend trading indefinitely. The move comes after US-Israeli strikes on

Topics

“Who cares?”: New York Yankees captain Aaron Judge opens up about Bryce Harper’s message before playoff pressure hit

MLB News: New York Yankees captain Aaron Judge does not often look nervous. He is one of the biggest stars in baseball but before a huge 2025 postseason game at

Israeli military says it killed Hezbollah’s intelligence chief in Beirut strike

The IDF described Hussein Makled as a central figure in Hezbollah’s intelligence apparatus, responsible for gathering and analysing information on Israeli tro

Spain draws red line, rejects US use of bases in Iran campaign

Europe News: Spain has refused to allow the United States to use jointly operated military bases on its territory for strikes against Iran, as Madrid hardened i

Keir Starmer shrugs off Trump rebuke, says UK won’t back regime change from skies

Keir Starmer defended the UK’s decision to stay out of initial US-Israeli strikes on Iran. On Sunday, the UK agreed to allow limited US use of British bases f

“My whole life is written”: Joe Burrow’s rumored girlfriend Olivia Ponton makes a cryptic comment about her life as he stays out of the...

NFL News: Joe Burrow, the Cincinnati Bengals’ star player, was rumored to be engaged to his ex girlfriend before the two ended things in 2022.Since then, the

Lunar Eclipse 2026: Food rules to follow, dos and don’ts during Chandra Grahan

Eclipses are natural set of events that define the beauty of nature and at the same time, help us understand its powder. A Lunar or moon eclipse occur.

Bigg Boss 16 fame Manya Singh stranded in Dubai amid Middle East tensions; says, “Could hear blasts”

Bigg Boss 16 fame Manya Singh, who is currently stuck in Dubai, shared a video on her social media account a few hours ago. She posted the video after.

NHL Trade Update: Seattle Kraken sign defenseman Gustav Olofsson to a one-year deal ahead of deadline

NHL News: Ahead of the trade deadline, the NHL's Seattle Kraken have signed defenseman Gustav Olofsson to a one-year, two-way contract worth $775,000, adding ex
spot_img

Related Articles

Popular Categories

spot_imgspot_img