This large-cap multibagger banking stock hits back-to-back 52-week high; do you own it?
The stock has seen tremendous purchasing activity as it has provided multibagger returns of more than 102 percent in just one year.
On Tuesday, Bank of Baroda stock reached a fresh 52-week high of Rs 198.50 per share on the BSE. The scrip witnessed massive spurt in volume. The stock's intraday high and low on the BSE are Rs 198.50 and Rs 192.25 per share, respectively.
Personal banking, corporate banking, international banking, small and medium business (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services are all offered by Bank of Baroda.
The following are the highlights of Q4FY23:
- Total sales of Rs 94,139 crore increased by 28.28 per cent year on year in FY22.
- PAT remains at Rs 15,005 crore, up 89.14 per cent.
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Over the last five years, the company has generated good profit growth at a CAGR of 57.6 per cent. The stock has seen tremendous purchasing activity as it has provided multibagger returns of more than 102 per cent in just one year and it has increased by 290 per cent in the last 3 years. Investors should keep a close eye on this multibagger Large-Cap banking stock.