INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a sell call on Bank of Baroda with a target price of Rs 97.0
The current market price of Bank of Baroda is Rs 104.55
Time period given by the analyst is Intra Day when Bank of Baroda price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 108
Bank of Baroda, incorporated in 1911, has a market cap of Rs 27658.87 crore.
Bank of
Baroda key Products/Revenue Segments include Interest Discount on Advances Bills which contributed Rs 29069.82 Crore to Sales Value (66.59
% of Total Sales), Income From Investment which contributed Rs 10420.16 Crore to Sales Value (23.87 % of Total Sales), Interest On Balances
with RBI and Other Inter-Bank Funds which contributed Rs 2414.79 Crore to Sales Value (5.53 % of Total Sales) and Interest which contributed
Rs 1743.77 Crore to Sales Value (3.99 % of Total Sales)for the year ending 31-Mar-2018
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 55874.81 Crore (12.46 % of total assets) and Net Non Performing
Assets (Net NPAs) of Rs 22384.10 Crore (5.40% of total assets)
For the quarter ended 30-06-2018, the company has reported a Standalone Interest Income of Rs 7986.11 Crore, up 7.10 % from last quarter
Interest Income of Rs 7456.89 Crore and up 15.16 % from last year same quarter Interest Income of Rs 6934.50 Crore
The bank has reported net profit after tax of Rs 528.26 Crore in latest quarter.
