For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss making companies can act like a sponge for capital – so investors should be cautious that they’re not throwing good money after bad. In contrast to all that, many investors prefer to focus on companies like Bank of Baroda (NSE:BANKBARODA), which has not only revenues, but also profits. While profit isn’t the sole metric that should be considered when…
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Category: Bank of Baroda
Bank of Baroda Share Price: Bank of Baroda rises 1.42% as Sensex slides
Shares of Bank of Baroda traded at Rs 270.5 on BSE at 12:12PM (IST) on Tuesday, up 1.42 per cent from previous close. The stock quoted a 52-week low price of Rs 165.1 and a high of Rs 285.5. Earlier, shares of the company saw a gap down opening in the morning. A total of 205,056 lakh shares changed hands on the counter till 12:12PM (IST). The stock of Bank of Baroda commanded a market value of Rs 140350.77 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of 7.39, while the price-to-book value ratio stood at 0.83. Return on equity (ROE) was at 14.18 per cent, according to exchange data. In the BSE500 pack, 288 stocks traded in the green, while 212…
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Bank of Baroda Share Price: Bank of Baroda shares gain 0.2% as Sensex rises
Shares of Bank of Baroda traded 0.2 per cent up at Rs 273.25 at 11:01AM (IST) on Tuesday, even as BSE benchmark Sensex gained 309.17 points to 74980.45. The stock had closed at Rs 272.7 in the previous session. The stock quoted a 52-week high price of Rs 285.5 and 52-week low of Rs 172.85, respectively. As per BSE data, total traded volume on the counter till 11:01AM (IST) stood at 386347 shares with a turnover of Rs 10.6 crore. At the prevailing price, the stock traded at 7.32 times its trailing 12-month EPS of Rs 36.71 per share and 0.83 times its price-to-book value, BSE data showed. A higher P/E ratio shows investors are willing to pay a higher share price today because of growth…
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Bank of Baroda rolls out ‘PehchaanCon 3.0 Banking Fraud’ awareness campaign featuring actor Kunaal Roy Kapur
Bank of Baroda (Bank), one of India’s public sector banks, announced the release of its #PehchaanCon 3.0 Banking Fraud awareness campaign. The latest campaign seeks to raise awareness about new-age financial frauds such as artificial intelligence-generated deepfake scams that can succeed in duping even the most vigilant customers, stated the company.In Phase 3 of the #PehchaanCon campaign, the Bank has released two new ad films featuring actor Kunaal Roy Kapur. These videos illustrate how anyone – even the smartest and strongest amongst us – can end up getting conned. Using the latest deepfake tech to deceive individuals by masquerading as a family member/a close acquaintance or…
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Lenders to India’s Go First weigh liquidation after court order on planes, sources say
MUMBAI (Reuters) – Lenders to India’s Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after a court order allowed lessors of the aircraft to take back their planes, two bankers with Go First’s creditors said on Tuesday.
“There is no value left in the airline after the court order and chances of revival seem very grim,” one of the bankers said.
Go First’s resolution professional did not immediately respond to a Reuters’ email seeking comment.
The airline owes a total of 65.21 billion rupees ($780.88 million) to its creditors, which include Central Bank of India, Bank of Baroda, IDBI Bank…
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Assam Career : Bank of Baroda Guwahati Recruitment 2024
Applications are invited for recruitment of various administrative positions or career in Bank of Baroda Guwahati Assam.Bank of Baroda Guwahati Assam is inviting applications from eligible candidates for recruitment to the post or career of Business Correspondent Supervisor altogether across various places of Assam.Name of post : Business Correspondent SupervisorAlso Read : 7 best ways to relish your plain biscuitsEligibility Criteria :a) For Retired Bank Employees:i. Retired Officers (including voluntarily retired) of any bank (PSU/RRB/Private Banks/Co-operative Banks) upto the Rank of Chief Manager / equivalent may be appointed for the purpose.ii. Retired clerks and…
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Source: https://m.nenow.in/article/assam-career-bank-of-baroda-guwahati-recruitment-2024/364160/amp
REC Limited and Bank of Baroda join hands to finance Power, Infrastructure and Logistics Projects – PIB
REC Limited and Bank of Baroda join hands to finance Power, Infrastructure and Logistics Projects PIB
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Source: https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1993038
bob world: Wary of BoB World app and other scams, Fin Min bats for enhanced KYC, due diligence
In a bid to check incidence of BoB World app scam and other such financial frauds, the finance ministry makes a case for an enhanced KYC procedure and extensive due diligence by banks and financial institutions for onboarding merchants to safeguard customers against cyber risks, sources said. Appropriate due diligence of merchants and Business Correspondents (BCs) who offer banking services in rural and remote areas is necessary not only to check frauds but also to fortify the financial ecosystem, sources said. According to sources, there is a need to strengthen data security and data protection at the level of merchants and BCs as chances of compromise are higher at that level. …
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Breakout stocks today: IRFC, RVNL, Axis Bank, Tata Motors, Ashok Leyland, SBI to BoB — 15 Nifty 50 stocks in focus
Breakout stocks today: Amid Q4 results 2024 season, retail investors would be busy finding a value pick. However, they would be vigilant about the technical outlook of the stocks which is looking strong from the fundamental perspective. For such Indian stock market investors, there is a piece of stock market news. A total of 15 Nifty 50 stocks have given breakout on Friday. Those 15 breakout stocks include shares from banking, railways, auto, PSU, and pharma sectors. Those 15 shares include Ashok Leyland, State Bank of India (SBI), Bank of Baroda (BoB), Rail Vikas Nigam Ltd (RVNL), Indian…
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Stock Market Today: Oil India, Bank of Baroda, Grasim Industries Shares To Be In Focus
Updated Feb 23, 2024, 08:56 ISTStock market today: SGX Nifty, on Friday around 8:30 am, was up 39 points or 22,306.5 points. The index hinted at a positive start for Dalal Street on February 23.The Nifty index is expected to open at a life high. Ahead of the market opening, take a look at stocks that are expected to keep the bourses buzzing:. Stock market today: SGX Nifty, on Friday around 8:30 am, was up 39 points or 22,306.5 points. The index hinted at a positive start for Dalal Street on February 23.The Nifty index is expected to open at a life high.In the previous trading session, one full of volatility, Nifty touched a lifetime high of 22,252.50. The index, at closing,…
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