Bank of Baroda stock falls 0.1% in early trade

Shares of Bank of Baroda traded 0.09 per cent down in Thursday's trade at 10:53 am. Around 98,33,260 shares changed hands on the counter. The stock opened at Rs 59.2 and touched an intraday high and low of Rs 60.05 and Rs 56.55, respectively, in the session so far.

State-run Bank of Baroda said it has set up an emergency credit line to provide funds to its existing MSME and corporate borrowers impacted by the outbreak of coronavirus. Bosch on Wednesday said the suspension of operations at its plants will continue beyond March 31 till further notice.

The stock quoted a 52-week high of Rs 144.0 and a 52-week low of Rs 51.75.

Financials
Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 26891.70 crore).

For the quarter ended Dec 2019, the company reported a net sales of Rs 13924.35 crore and loss of Rs 1218.87 crore.

Bank of Baroda key products/revenue segments include interest & discount on advances & bills which contributed Rs 34388.97 crore to sales value (68.81 per cent of total sales), income from investment which contributed Rs 12786.72 crore to sales value (25.58 per cent of total sales) and interest which contributed Rs 1063.22 crore to sales value (2.12 per cent of total sales)for the year ending 31-mar-2019.

Promoters holding
Promoters held 71.59695 per cent stake in the company as of Dec 2019.

Valuation ratio
It quoted a price-to-earnings ratio of -73.98 and price to book value of 0.3.