Bank of Baroda Q4 results get a thumbs-up from brokerages; can the stock continue to gain?4 min read 17 May 2023, 09:26 AM IST
Bank of Baroda share price has rallied 84 per cent in the last one year against a 14 per cent gain in the equity benchmark Sensex, thanks to its strong credit growth and improving asset quality.
Stock market today: Most brokerage firms cheered the strong March quarter numbers of Bank of Baroda (BoB) as the public sector lender's standalone profit after tax (PAT) more than doubled in Q4 FY23. In a BSE filing on May 16, BoB said its standalone PAT for Q4FY23 rose to ₹4,775.33 crore against a profit of ₹1,778.77 in the corresponding quarter last year.
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