Rajat Bose of rajatkbose.com suggests buying Jubilant Foodworks, Bank of Baroda and Exide Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PVR and Bank of Baroda and buy Bharti Airtel and Ashok Leyland while one may hold ICICI Bank.
Rajat Bose of rajatkbose.com recommends buying BEML, Hexaware Technologies and Bank of Baroda.
ICICI Direct recommended buy rating on Bank of Baroda with a target price of Rs 200 in its research report dated August 14, 2017.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motherson Sumi Systems, Tata Global Beverage and HUL and sell Yes Bank and Bank of Baroda.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank, L&T Finance Holdings and ICICI Prudential Life Insurance.
Stressed assets continue to haunt Bank of Baroda with slippages coming in at the highest levels in the last four quarters. In an interview to CNBC-TV18, PS Jayakumar, MD & CEO of Bank of Baroda spoke about the results and his outlook for the company.
Bank of Baroda's total stressed assets increased from 10.8 percent to 11.7 percent sequentially. Net interest income was up 1 percent YoY and profit tanked 52 percent to Rs 203.4 crore in Q1.
According to Mitessh Thakkar of mitesshthakkar.com, one can buy Hero MotoCorp, Infosys and Tata Global Beverage and can sell Mahindra and Mahindra and Power Finance Corporation.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Hindustan Petroleum Corporation and Balrampur Chini and sell Aban Offshore, Bank of Baroda and Union Bank of India.
The nation's largest lender, State Bank had on July 31 slashed the pricing for under Rs 1 crore saving deposits by 0.50 per cent to 3.5 per cent.
RBI transfers to Government only half of dividend surplus from a year ago; Economic Survey says spending on social services in India grew while SBI and Bank of Baroda see lower net profits amid rise in NPAs
The bank’s profit dipped by half with a 52 percent fall in net profit at Rs 203.39 crore for the first quarter ended June on higher provisioning.
Slippages during the quarter increased to Rs 5,200 crore (from Rs 4,077 crore in Q4FY17), which was much higher than analysts’ average estimates of around Rs 3,500 crore.
Chandan Taparia of Motilal Oswal Securities suggests buying Infosys while Bank of Baroda looks weak and advises buying 145 Put in the stock.
Slippages and operating profit growth will be key factors to watch out for. Slippages from restructured book will be seen closely.
Sandeep Wagle of powermywealth.com is of the view that one can sell Bank of Baroda and buy Asian Paints.
Ashwani Gujral of ashwanigujral.com suggests buying Fortis Healthcare, L&T Finance Holdings and Bank of Baroda.
One million bank employees and officers in all the Banks will observe a strike on August 22, 2017.
Gaurang Shah of Geojit Financial Services is of the view that one may prefer Bank of Baroda.
Ashwani Gujral of ashwanigujral.com recommends buying RCF, Future Consumer, L&T Finance Holdings, Bharat Petroleum Corporation and M&M Financial Services.
Effective tomorrow, the interest rate on Bank of Baroda savings bank balance of up to Rs 50 lakh has been reduced to 3.5 percent from the current annual 4 percent.
Rajat Bose of rajatkbose.com suggests buying Voltas, Balrampur Chini and Dhampur Sugar while he feels that Bank of Baroda, Canara Bank and Punjab National Bank are short candidates.
RBI has been consistently reprimanding banks for not doing enough to pass on the full benefit of its rate actions to the borrowers .
In an interview to CNBC-TV18, Ashwani Gujral of ashwanigujral.com advises which stocks to buy, sell or hold for handsome returns.