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     Prices as on Dec 14, 2017     
  ABB India 1348.45 [ -0.73% ]
  ACC 1689.9 [ -1.10% ]
  Axis Bank Ltd. 541.6 [ 1.24% ]
  Bank of Baroda 165.55 [ 1.07% ]
  Bharti Airtel 521 [ 0.78% ]
  Britannia Ind. 4695 [ -2.33% ]
  Cipla 590.8 [ 2.19% ]
  Coal India Ltd. 263.1 [ 0.19% ]
  Colgate Palm. 1056.55 [ 0.58% ]
  Dabur India 345.35 [ 0.19% ]
  DLF Ltd. 227.65 [ -0.04% ]
  Grasim Inds. 1141.35 [ 2.31% ]
  HDFC 1709.5 [ 0.71% ]
  HDFC Bank 1837.2 [ 0.85% ]
  Hero MotoCorp 3454.45 [ 0.95% ]
  ICICI Bank 304.55 [ 0.49% ]
  IDFC L 57.2 [ -1.04% ]
  Indian Hotels Co 120.15 [ -0.25% ]
  IndusInd Bank 1649.65 [ 0.44% ]
  Infosys 1012.45 [ 0.90% ]
  ITC Ltd. 263.9 [ 1.87% ]
  Jindal St & Pwr 161.5 [ 0.09% ]
  L&T 1188.85 [ -0.01% ]
  Lupin Ltd. 852.05 [ 1.00% ]
  Mahi. & Mahi 1431.7 [ 1.36% ]
  MTNL 20.2 [ -1.46% ]
  Nestle India 7879.35 [ -0.41% ]
  NIIT Ltd. 93 [ 0.11% ]
  NMDC Ltd. 128.45 [ 0.04% ]
  NTPC 177.25 [ 0.85% ]
  ONGC 184.45 [ 0.38% ]
  Power Grid Corpo 200 [ -0.37% ]
  Reliance Inds. 920.55 [ 0.72% ]
  SBI 314.05 [ 0.26% ]
  Vedanta 284.65 [ 0.25% ]
  Shipping Corpn. 93.85 [ 0.37% ]
  Sun Pharma. 514.3 [ -0.48% ]
  Tata Chemicals 716.4 [ 0.43% ]
  Tata Steel 685.85 [ 0.55% ]
  Tata Power Co. 90.5 [ 0.22% ]
  UltraTech Cement 4255.8 [ -0.41% ]
  Wipro Ltd 287.9 [ 0.24% ]

News Details

Bank of Baroda jumps nearly 4% as asset quality improves

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15/11/2017 11:40
Shares of Bank of Baroda rose nearly 4 per cent on the Bombay Stock Exchange after the state-run bank reported improvement in asset quality during second quarter ended September 30, 2017.

The gross non- performing assets (NPAs) of the bank fell to 11.16 per cent of the gross advances as at the end of September 30, 2017 from a level of 11.35 per cent year earlier. Its net NPAs or bad loans too declined to 5.05 per cent of net advances on September 30, 2017 from 5.46 per cent a year ago.

Buoyed by improvement in asset quality, shares of bank gained as much as 3.72 per cent to touch intra-day high of Rs 180.90 apiece on the Bombay Stock Exchange.

In a similar fashion, shares of the lender were trading 1.35 per cent higher at Rs 176.70 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 32,858.72, down 83.15 points, or 0.25 per cent, at 11:30 hours.