11.1 C
Delhi
Saturday, January 17, 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

Sensex, Nifty Rise on India-EU Trade Deal Hopes, Lower Oil

Indian stock markets opened higher as falling crude oil prices and optimism over a potential India-EU free trade agreement boosted investor sentiment.

BCCL IPO Allotment: Check Status, Listing Date & Expected Gains

Bharat Coking Coal IPO was subscribed 4.5 times. Learn how to check allotment status, key dates, and analyst predictions for listing gains.

Stock Market Holiday on Jan 15: BSE, NSE Closed for Elections

BSE and NSE will remain closed on January 15, 2026, for Maharashtra elections. Check the full 2026 holiday list and trading hours here.

Sensex Falls 245 Points, Nifty Below 25,700; TCS Down 2%

Indian stock markets closed lower today. Get the latest updates on Sensex, Nifty, and TCS share price performance.

Sensex, Nifty Fall as Investors Await US-India Trade Talks Outcome

Indian markets closed lower amid caution ahead of key US-India trade discussions. See which sectors fell and the crucial support levels for Nifty.

Topics

Budget 2026: Education Sector Demands Focus on Skills and Jobs

Industry and academia seek higher funding for skill development, NEP implementation, and tax incentives in the upcoming Union Budget to boost employability.

Mumbai Voter Turnout Hits 32-Year High in Lok Sabha Elections

Mumbai recorded 55.38% voter turnout in 2024 Lok Sabha polls, its second-highest in 32 years. Analysis reveals what drove the surge and what it means for the city's civic engagement.

Indian Scientists Uncover Cell’s Life-or-Death Decision Mechanism

Breakthrough research reveals how cells choose survival or self-destruction under stress, opening new paths to treat cancer, heart attacks, and Alzheimer's.

Spirit Release Date: Prabhas & Sandeep Reddy Vanga Film Set for Jan 2026

Sandeep Reddy Vanga announces January 10, 2026, as the release date for his pan-India film Spirit, starring Prabhas and Tripti Dimri.

BJP Breaks Sena Fortress, Wins Historic 2026 BMC Election

The BJP-led Mahayuti alliance ends the Thackeray dynasty's 30-year rule over Mumbai's civic body. Analysis on why Shiv Sena (UBT) crumbled and Congress stalled.

Wipro Declares Rs 6 Dividend as Q3 Profit Dips to Rs 3,119 Crore

Wipro announces Rs 6 per share interim dividend for FY25. Q3 net profit falls to Rs 3,119 crore, but order bookings surge 31% year-on-year.

Bhumi Pednekar’s Daldal Teaser Out, Series Premieres April 5 on Prime

Watch the gritty teaser for crime thriller 'Daldal' starring Bhumi Pednekar as a cop. The series premieres on Amazon Prime Video on April 5.

Doctor’s Viral Senate Testimony: “Biologically, Men Cannot Get Pregnant”

Dr Nisha Verma's exchange with a US senator on pregnancy and gender terminology goes viral, highlighting post-Roe reproductive rights debates.
spot_img

Related Articles

Popular Categories

spot_imgspot_img