Bank Of Baroda Share Price Today on 29-10-2024: Bank Of Baroda share price are up by 1.88%, Nifty up by 0.52%

Bank Of Baroda Share Price Today on 29-10-2024: At 29 Oct 16:00 today, Bank Of Baroda shares are trading at price ₹254.6, 1.88% up from the previous closing price. Sensex is trading at ₹80369.03, up by 0.45%. The stock has hit a high of ₹255 and a low of ₹247.55 during the day.

On the technical front, the stock is trading above the 5,10,20,50,100 days SMA & lower than the 300 day SMA. The stock will have support at 5,10,20,50,100 days SMA & face resistance at 300 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹257.02, ₹259.76, & ₹264.51, whereas it has key support levels at ₹249.53, ₹244.78, & ₹242.04.

Bank Of Baroda Share Price Today

Till 4 PM today, the volume traded on NSE & BSE for Bank Of Baroda was 9.32% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock is indicating a trend reversal after a strong downtrend..

From a fundamental analysis perspective, the company has a ROE of 16.70% & ROA of 1.16% respectively.The current P/E of the stock is at 6.46 & P/B is at 0.96.

The median 1-year forecasted upside in this share is at 12.73% with a target price of ₹287.00.

The company has a 0.00% promoter holding, 6.50% MF holding, & 9.87% FII holding as per filings in the september quarter.

The MF holding has increased from 5.84% in june to 6.50% in the september quarter.

The FII holding has decreased from 11.45% in june to 9.87% in the september quarter.

Bank Of Baroda share price has gained 1.88% today to trade at ₹254.6 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up 0.52% & 0.45% each respectively.