ICICI Direct on Bank of Baroda: Leading private banking stocks seem to be moving into a consolidation phase after a sharp up move was seen in the last one year.
In PSU banking, SBI has been one of the best performers in the last one year but Bank of Baroda has been an underperformer.
The consumer durables maker on June 15 reported a 40.84 percent jump in consolidated profit to Rs 130.06 crore for the fourth quarter ended March 31, 2021 on account of higher revenue from operations.
Its revenue from operations was at Rs 1,779.39 crore during the March 2021 quarter, up 31.45 percent compared to the year-ago period.