Shahina Mukadam, Independent Market Expert told CNBC-TV18, "One can probably exit from Bank of Baroda (BoB) and switch to maybe a larger bank like State Bank of India (SBI) at slightly higher levels from here, another 10 percent upside."
"The issue being valuations, I would expect at about three times book, the price to be closer to around Rs 185-190. So, I see no reason why one should continue holding BoB. One can switch to SBI which offers in my view better valuations," she added.
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