Bank of Baroda Ltd Share Price Target 2025, 2026, 2027 to 2030: We’ll analyze Bank of Baroda Ltd’s share targets for 2025, 2026, 2027, and 2030. As one of India’s largest public sector banks, Bank of Baroda is well-positioned for growth with its robust global presence, strong asset portfolio, and focus on digital transformation. The bank’s emphasis on innovation, customer-centric services, and expanding market reach provides a solid foundation for sustainable long-term success.
Overview of Bank of Baroda Ltd
What is Bank of Baroda?
Bank of Baroda (BoB) is a leading Indian public sector bank headquartered in Vadodara, Gujarat. Established in 1908 by Maharaja Sayajirao Gaekwad III, the bank has grown to become the second-largest public sector bank in India, following the State Bank of India. With a rich legacy spanning over a century, Bank of Baroda offers a comprehensive range of financial products and services to individuals, businesses, and governments. It is ranked 586th on the Forbes Global 2000 list (2023) and plays a crucial role in India’s banking and financial sector, supported by its strong domestic and international presence.
Key Features of Bank of Baroda:
- Business Model: A diversified public sector bank providing retail, corporate, and international banking services, along with insurance and investment products.
- Core Offerings: Banking services, loans, deposits, insurance (through subsidiaries), and wealth management solutions.
- Market Position: Ranked as the second-largest public sector bank in India, with a solid reputation for trust and reliability.
- Revenue: ₹1,13,900 crores (FY 2023-24), highlighting its substantial contribution to India’s banking sector.
- Subsidiaries: IndiaFirst Life Insurance Company, Nainital Bank, among others.
Information about Bank of Baroda:
| Information | Details |
|---|---|
| Website | bankofbaroda.in |
| Founder | Sayajirao Gaekwad III |
| CEO | Debadatta Chand (since 1 July 2023) |
| Founded | 20 July 1908 |
| Headquarters | Alkapuri, Vadodara, Gujarat |
| Number of Employees | 75,515 (2024) |
| Parent Organization | Indian Government |
| Revenue | ₹1,13,900 crores (FY 2023-24) |
| Subsidiaries | IndiaFirst Life Insurance Company, Nainital Bank |
| Key Focus Areas | Retail banking, corporate banking, insurance, investments |
| Share Price | ₹241 (-0.04%) as of 18 Nov (Close Price) |
| BSE Symbol | 532134 |
| NSE Symbol | BANKBARODA |
Current Market Position of Bank of Baroda Share
As of November 2024, Bank of Baroda’s share has exhibited a mixed performance. It is down by -0.05% today and has declined by -6.56% over the past week. Over the past month, the share has dropped by -2.65%. In the past three months, it has decreased slightly by -0.84%. Over the past year, the share has risen by +22.66%. Over the past three years, the share has surged by +150.81%, and over the past five years, it has grown significantly by +151.72%.
Bank of Baroda Share Fundamental Data
- Market Cap: ₹1,24,837 Cr.
- Current Price: ₹241
- High / Low: ₹300 / ₹193
- Stock P/E: 6.24
- Book Value: ₹231
- Dividend Yield: 3.15%
- ROCE: 6.33%
- ROE: 16.7%
- Face Value: ₹2.00
Market Position of Bank of Baroda Share as of November 2024
| Time Period | Returns of Bank of Baroda Share |
|---|---|
| 1 Day | -0.05% |
| 1 Week | -6.56% |
| 1 Month | -2.65% |
| 3 Months | -0.84% |
| 1 Year | 22.66% |
| 3 Years | 150.81% |
| 5 Years | 151.72% |
Bank of Baroda Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Bank of Baroda Share Price Target in 2024
In 2024, the share price target for Bank of Baroda is expected to reach ₹250, supported by its strong financial performance and growing presence in the Indian banking sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹200 | ₹250 |
Bank of Baroda Share Price Target in 2025
For 2025, the share price target for Bank of Baroda is projected to rise to ₹273, reflecting its expanding market share and improved operational efficiencies.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹220 | ₹273 |
Bank of Baroda Share Price Target in 2026
In 2026, the share price target for Bank of Baroda is expected to reach ₹303, driven by consistent growth in its revenue streams and strategic initiatives.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹250 | ₹303 |
Bank of Baroda Share Price Target in 2027
By 2027, the share price target for Bank of Baroda is projected to range between ₹280 and ₹316, supported by its robust financial position and diversified services.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹280 | ₹316 |
Bank of Baroda Share Price Target in 2028
In 2028, Bank of Baroda’s share price target is expected to reach ₹344, reflecting its sustained growth and strategic focus on digital banking innovations.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹300 | ₹344 |
Bank of Baroda Share Price Target in 2029
For 2029, the share price target for Bank of Baroda is estimated at ₹348, driven by its expansion in international markets and enhanced operational performance.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹310 | ₹348 |
Bank of Baroda Share Price Target in 2030
By 2030, the share price target for Bank of Baroda is projected to reach ₹370, supported by its continued growth in the Indian and global banking landscape.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹320 | ₹370 |
Financial Health and Performance Analysis of Bank of Baroda (FY 2020 – FY 2024)
FY 2024
| Metric | FY 2024 | Y/Y Growth |
|---|---|---|
| Total Income | ₹1,41,778.70 Cr | +27.98% |
| Provisions & Contingencies | ₹19,133.17 Cr | +23.41% |
| Profit after Tax (PAT) | ₹18,767.38 Cr | +25.34% |
| Net Interest Margin (NIM) | 2.92% | – |
| Net Profit Margin (NPM) | 15.85% | – |
| Basic EPS (₹) | ₹36.29 | +25.34% |
FY 2023
| Metric | FY 2023 | Y/Y Growth |
|---|---|---|
| Total Income | ₹1,10,777.98 Cr | +26.20% |
| Provisions & Contingencies | ₹15,503.47 Cr | -5.61% |
| Profit after Tax (PAT) | ₹14,905.20 Cr | +90.75% |
| Net Interest Margin (NIM) | 2.89% | – |
| Net Profit Margin (NPM) | 15.83% | – |
| Basic EPS (₹) | ₹28.82 | +90.75% |
FY 2022
| Metric | FY 2022 | Y/Y Growth |
|---|---|---|
| Total Income | ₹87,780.19 Cr | -1.37% |
| Provisions & Contingencies | ₹16,425.69 Cr | -22.62% |
| Profit after Tax (PAT) | ₹7,849.69 Cr | +429.63% |
| Net Interest Margin (NIM) | 2.57% | – |
| Net Profit Margin (NPM) | 10.69% | – |
| Basic EPS (₹) | ₹15.18 | +429.63% |
FY 2021
| Metric | FY 2021 | Y/Y Growth |
|---|---|---|
| Total Income | ₹89,001.18 Cr | -2.29% |
| Provisions & Contingencies | ₹21,228.63 Cr | +8.71% |
| Profit after Tax (PAT) | ₹1,547.67 Cr | +54.31% |
| Net Interest Margin (NIM) | 2.58% | – |
| Net Profit Margin (NPM) | 2.08% | – |
| Basic EPS (₹) | ₹3.32 | +54.31% |
FY 2020
| Metric | FY 2020 | Y/Y Growth |
|---|---|---|
| Total Income | ₹91,086.03 Cr | +49.83% |
| Provisions & Contingencies | ₹19,527.67 Cr | +35.31% |
| Profit after Tax (PAT) | ₹927.75 Cr | -13.33% |
| Net Interest Margin (NIM) | 2.40% | – |
| Net Profit Margin (NPM) | 1.17% | – |
| Basic EPS (₹) | ₹2.32 | -13.33% |
Analysis Summary:
- Revenue Performance: Bank of Baroda’s total income in FY 2024 grew by 27.98%, marking consistent growth from FY 2023 (+26.20%) and a recovery from FY 2021 and FY 2022, which saw minimal or negative growth.
- Expense Management: Provisions & Contingencies grew by 23.41% in FY 2024, following a decline of 5.61% in FY 2023, reflecting the bank’s careful risk management strategies.
- Profitability: Profit after Tax (PAT) increased by 25.34% in FY 2024, continuing its upward trend after the significant 90.75% growth in FY 2023. This highlights improved operational efficiency and profitability.
- Margins: The net profit margin remained steady at 15.85% in FY 2024, indicating strong profitability despite rising provisions.
- Earnings Per Share (EPS): Basic EPS rose to ₹36.29 in FY 2024, showcasing a consistent improvement in shareholder value.
How to Buy Bank of Baroda Shares:
- Choose a Broker: Select a reliable broker that offers Bank of Baroda shares for trading.
- Open a Trading Account: Create a Demat and trading account with your broker.
- Complete KYC: Provide the necessary documents for identity verification.
- Deposit Funds: Transfer funds to your trading account.
- Search for Bank of Baroda Shares: Locate the shares on your broker’s platform.
- Place an Order: Decide on the number of shares and place a market or limit order.
- Confirm Purchase: Review the details and confirm the transaction.
- Monitor Investment: Regularly track your investment and adjust as needed.
Bank of Baroda Share Price Target for the Next 5 Years
Bank of Baroda is well-positioned to maintain its growth trajectory over the next five years, backed by strong financial performance, strategic initiatives, and a growing presence in the Indian banking sector. Below are the projected share price targets for Bank of Baroda:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹200 | ₹250 |
| 2025 | ₹220 | ₹273 |
| 2026 | ₹250 | ₹303 |
| 2027 | ₹280 | ₹316 |
| 2028 | ₹300 | ₹344 |
Shareholding Pattern of Bank of Baroda
Promoters:
- No. of Shares: 3,30,81,84,689
- Percentage: 63.97%
- % Change QoQ: 0.00%
Pledge:
- No. of Shares: 0
- Percentage: 0.00%
- % Change QoQ: 0.00%
FII:
- No. of Shares: 51,04,55,447
- Percentage: 9.87%
- % Change QoQ: -1.58%
DII:
- No. of Shares: 84,42,50,510
- Percentage: 16.33%
- % Change QoQ: +0.58%
MF:
- No. of Shares: 45,53,82,652
- Percentage: 8.81%
- % Change QoQ: +0.31%
Others:
- No. of Shares: 50,84,71,533
- Percentage: 9.82%
- % Change QoQ: +1.00%
Pros and Cons of Bank of Baroda
Pros:
- Strong Promoter Ownership: With nearly 64% ownership, promoters retain significant control over the company’s strategic direction and decisions.
- Stable Institutional Support: Bank of Baroda enjoys strong backing from Domestic Institutional Investors (DII), holding over 16% of shares, which adds stability and liquidity.
- No Pledge: The absence of pledged shares ensures that the promoters’ stake is not at risk due to market fluctuations or financial pressures.
Cons:
- Declining FII Holdings: Foreign Institutional Investors (FII) have reduced their stake by 1.58%, indicating a slight decrease in international confidence in the bank.
- Reduced FII Stake: The decline in FII shareholding could signal caution from international investors, which may affect market sentiment.
- Market Volatility Sensitivity: As with any large financial institution, Bank of Baroda’s performance is sensitive to shifts in the banking sector, regulatory changes, and overall market conditions.
Peer Competitors of Bank of Baroda in the Banking Industry
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| State Bank of India | 813.70 | 726,376.97 |
| Bank of Baroda | 241.45 | 124,836.70 |
| Punjab National Bank | 100.55 | 115,573.16 |
| Indian Overseas Bank | 49.87 | 94,304.39 |
| Canara Bank | 98.10 | 89,019.62 |
| Union Bank of India | 115.00 | 87,902.23 |
| Indian Bank | 529.35 | 71,294.90 |
(FAQ)
1. What is the current share price of Bank of Baroda?
- The current share price of Bank of Baroda is ₹241.45.
2. What is the market capitalization of Bank of Baroda?
- The market capitalization of Bank of Baroda is ₹124,836.70 crore.
3. How has Bank of Baroda’s share price performed in recent months?
- The share price of Bank of Baroda has seen fluctuations, with a notable increase or decrease depending on the overall performance of the banking sector and quarterly results.
4. Who are the major competitors of Bank of Baroda?
- Major competitors include State Bank of India, Punjab National Bank, Canara Bank, Indian Overseas Bank, and Union Bank of India.
5. How can I buy shares of Bank of Baroda?
- You can purchase shares of Bank of Baroda through stockbrokers, online trading platforms, or by opening a Demat account with a registered financial institution.
6. What is the P/E ratio of Bank of Baroda?
- The P/E ratio of Bank of Baroda is 6.24.
7. Is Bank of Baroda a good investment?
- Bank of Baroda shows strong financial performance and growth prospects, but like any investment, it carries risks and should be assessed based on your investment goals and risk tolerance.
8. What is the dividend yield of Bank of Baroda?
- The dividend yield of Bank of Baroda is 3.15%.
9. When is the next quarterly result of Bank of Baroda expected?
- Bank of Baroda’s next quarterly results are expected to be announced in the upcoming weeks. You can check updates on financial news websites or the official Bank of Baroda website.
10. Can I track Bank of Baroda’s share performance online?
- Yes, you can track Bank of Baroda’s share price and performance on various financial websites or through your stockbroker’s platform.
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