Bank of Baroda Share Price History from 1997 to 2023

In this article, you will find the Bank of Baroda Share Price History details. Additionally, we will provide important fundamental details about Bank of Baroda Shares.

Bank of Baroda Share Price History

In the late 90s, the financial journey of the Bank of Baroda appeared like a roller coaster ride. Beginning in 1997 with a share price of ₹22.10, the bank faced its first significant challenge the following year, witnessing a drastic drop of over 55% in its stock price to ₹9.92.

Despite the setback, the Bank of Baroda displayed resilience by bouncing back with a 28.7% gain in 1999, only to face a series of dips over the next few years. However, in 2002, it rebounded in style, posting an impressive 84.8% year-on-year growth, and then in 2003, the bank surprised the market with a whopping 205.9% gain, taking its share price to ₹46.78.

The subsequent years till 2010 saw the bank continuing its growth momentum, peaking at ₹179.30 in 2010, a commendable 75.3% growth from the previous year. Unfortunately, the bank’s performance mirrored the overall instability of the financial sector during the mid-2010s, with prices fluctuating significantly, even plunging by as much as 39.7% in 2020.

But as with its past, the Bank of Baroda showcased its enduring spirit. In 2021, the bank’s share price jumped by 33.2%, followed by an astounding 126.5% increase in 2022. By 2023, the stock’s value settled at ₹196.10, reflecting a moderate growth of 5.6% and demonstrating the bank’s capacity for recovery and sustained growth despite the odds.

Also Read: SBI Share Price History from 1995

About Bank of Baroda

Bank of Baroda, often called BoB, is one of India’s most prominent and trusted public sector banks with a rich history spanning over a century. Established in 1908, the bank has carved out a reputation based on its wide range of banking and financial services catering to diverse customer needs. With its headquarters in Vadodara, Gujarat, BoB has made significant inroads domestically and internationally, boasting a vast network of branches extending across India and to several foreign destinations.

Over the years, the Bank of Baroda has been synonymous with customer-centric initiatives, innovation, and robust banking solutions. Its commitment to excellence has earned it numerous accolades and has fostered trust among its vast clientele.

The bank’s emphasis on digital banking and technological advancements showcases its dedication to staying ahead of the dynamic banking landscape. Moreover, its continued focus on expanding its global footprint while reinforcing its domestic base exemplifies its vision to achieve balanced and sustained growth in the coming years.

Fundamentals of Bank of Baroda

Here are some primary fundamental data about Bank of Baroda (until 2023):

Market Capitalization and Current Price:

Bank of Baroda boasts a considerable market capitalization of ₹1,01,743 Cr., reflecting its significant presence in the banking sector. The bank’s stock currently trades at ₹197, having seen highs and lows of ₹220 and ₹144, respectively, over the last year.

Valuation and Earnings Metrics:

The bank’s stock price-to-earnings (P/E) ratio stands at 5.84, suggesting its current valuation in the market. An essential measure of a company’s inherent value, the book value, for Bank of Baroda is ₹203. This value is slightly above its current price, resulting in a price-to-book ratio of 0.97. The bank announced earnings per share (EPS) of ₹33.7, highlighting its profitability.

Dividend and Returns:

Investors in Bank of Baroda receive a dividend yield of 2.79%, indicating a decent return on their investment in dividend payouts. Additionally, the bank’s return on capital employed (ROCE) stands at 5.17%, showcasing the efficiency with which it utilizes its capital. A return on equity (ROE) of 15.1% further underscores the bank’s ability to generate profits using shareholders’ equity.

Debt and Promoter Holding:

One crucial aspect of Bank of Baroda’s financial health is its debt, which is a massive ₹13,42,592 Cr. This figure necessitates a thorough understanding of the bank’s ability to effectively manage and service its debt. Meanwhile, the promoter holding in the bank is substantial at 64.0%, reflecting the promoters’ confidence and commitment to the bank’s growth and stability.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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