22.1 C
Delhi
Wednesday, November 5, 2025

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

Groww IPO Opens: Should You Subscribe? Check GMP and Expert Views

Groww IPO subscription now open with Rs 95-100 price band. Get latest GMP data, expert analysis on returns potential, and key investment considerations.

GIFT Nifty Hits Record $106.22 Billion Monthly Turnover in October

NSE's international Nifty futures contract achieves historic $106.22 billion monthly turnover, signaling growing global confidence in India's growth story.

Indian Stock Markets Healthier as Earnings Bottom Out: Motilal Oswal

Motilal Oswal report shows Indian markets in recovery with earnings cycle bottoming out and double-digit growth expected ahead. Nifty valuations turn reasonable.

Stocks to Watch: BPCL, Urban Company, Patanjali Foods Q2 Results

Key quarterly results from BPCL, Urban Company, and Patanjali Foods set to drive market action. Get analysis of earnings and stock outlook for Monday trading.

Q2 Earnings This Week: Adani, SBI, Bharti Airtel, Bajaj Auto Results

Track September-quarter results from 50+ companies including Adani Group, SBI, Bharti Airtel, Sun Pharma, and Bajaj Auto. Daily schedule and key sectors covered.

Topics

Adani Enterprises Q2 Profit Jumps 84% to ₹3,199 Crore

Adani Enterprises reports 84% surge in Q2 profit, approves ₹25,000 crore rights issue for expansion. Key infrastructure milestones achieved including Navi Mumbai airport.

Hinduja Group Chairman Gopichand P Hinduja Dies at 85 in London

Indian-British billionaire Gopichand P Hinduja, who transformed Hinduja Group into global conglomerate, passes away at 85. Key architect behind Gulf Oil and Ashok Leyland acquisitions.

DGCA Proposes 48-Hour Free Flight Cancellation Window in India

New DGCA rules may allow free flight ticket cancellation within 48 hours of booking, plus faster refunds and no name correction charges for Indian passengers.

Bomb Threat on United Flight Shuts Down Washington DC Airport

Ronald Reagan National Airport halts all flights after bomb threat targets United Airlines flight from Houston, affecting 820 flights with emergency response activated.

Indian-American Candidates Make Historic Push in US Elections

Record number of South Asian candidates compete for key positions in Virginia, New York and nationwide as Americans head to the polls.

WhatsApp Launches Apple Watch App with Voice Notes and Chat History

Use WhatsApp directly from your Apple Watch with new voice messaging, full chat history, and encrypted messaging without needing your iPhone.

US Tests Hypersonic Missile Amid Nuclear Arms Race Concerns

The US Air Force launches Minuteman III ICBM in scheduled test as tensions rise over nuclear capabilities with Russia and China.

OpenAI Launches IndQA: AI Benchmark for Indian Languages & Culture

OpenAI introduces IndQA, a cultural AI benchmark developed with 261 Indian experts across 12 languages to make artificial intelligence more inclusive and effective.
spot_img

Related Articles

Popular Categories

spot_imgspot_img