Bank of Baroda Share Price Target 2023 to 2030

Share of Bank of Baroda (BOB) is currently trading at around Rs.188/- Existing as well as prospective investors are asking for the Bank of Baroda share price target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of Bank of Baroda and based on our discussion and analysis will tell you the Bank of Baroda Share Price Target from 2023 to 2030.  

Following are the frequently asked questions by the existing as well as prospective investors, about the Bank of Baroda (BOB):

  • What is the share price target of Bank of Baroda in 2025?
  • Is Bank of Baroda a good stock to buy?
  • What is the target of Bank of Baroda?
  • What will be the share price of Bank of Baroda in next 5 years?

Discussion & Analysis of Business & Financial performance of Bank of Baroda :
Bank of Baroda is one of the leading public sector banks in India, with a global presence in 22 countries. The bank has been providing various banking and financial services to its customers since its establishment in 1908. Over the years, Bank of Baroda has grown to become one of the largest banks in India in terms of assets, branches, and customers.

In recent years, Bank of Baroda has witnessed mixed business and financial performance. Let’s take a closer look at the bank’s performance over the last few years.

Business Performance:

In terms of business performance, Bank of Baroda has been expanding its presence both within India and globally. In India, the bank has been expanding its network of branches and ATMs, and has been focusing on increasing its customer base by offering various banking and financial products and services. The bank has also been focusing on digital transformation, which has helped it improve its operational efficiency and customer experience.

Globally, Bank of Baroda has been expanding its presence through acquisitions and partnerships. The bank has acquired a number of banks in different countries, including Indonesia, Kenya, Tanzania, and Uganda. The bank has also entered into strategic partnerships with various companies in different countries, which has helped it expand its business and customer base.

Financial Performance:

In terms of financial performance, Bank of Baroda has witnessed mixed results over the last few years. Here are some key financial highlights of the bank:

  • Net Interest Income (NII): Bank of Baroda’s NII increased from Rs. 16,414 crore in FY 2019-20 to Rs. 17,121 crore in FY 2020-21. This was primarily due to an increase in interest income, which was partially offset by an increase in interest expenses.
  • Net Profit: Bank of Baroda’s net profit decreased from Rs. 2,557 crore in FY 2019-20 to Rs. 1,426 crore in FY 2020-21. This was primarily due to an increase in provisions for bad loans.
  • Gross Non-Performing Assets (GNPAs): Bank of Baroda’s GNPAs increased from 9.40% in March 2020 to 9.39% in March 2021. However, the bank’s net NPAs decreased from 2.39% in March 2020 to 1.39% in March 2021.
  • Capital Adequacy Ratio (CAR): Bank of Baroda’s CAR increased from 12.97% in March 2020 to 13.51% in March 2021. This was primarily due to an increase in Tier 1 capital.

Overall, Bank of Baroda has been focusing on improving its financial performance by increasing its operational efficiency, reducing its NPAs, and strengthening its capital adequacy. However, the bank’s financial performance has been impacted by the COVID-19 pandemic, which has led to an increase in bad loans and provisioning requirements.

In conclusion, Bank of Baroda has been expanding its business and customer base both within India and globally. However, the bank’s financial performance has been impacted by the COVID-19 pandemic, which has led to an increase in bad loans and provisioning requirements. Nevertheless, the bank is well-positioned to continue its growth trajectory, given its strong brand presence, diversified business model, and focus on digital transformation.

Bank of Baroda Share Price Target 2023

Based on the above discussion and analysis, the share price of Bank of Baroda  may touch the level of around Rs.200-225 in 2023.

Bank of Baroda Share Price Target 2024

Based on the above discussion and analysis, the share price of Bank of Baroda  is likely to touch the level of around Rs.250-275 in 2024

Bank of Baroda Share Price Target 2025

Based on the above discussion and analysis, the share price of Bank of Baroda   is likely to remain in the range of Rs.300-325 in 2025.

Bank of Baroda Share Price Target 2026

Based on the above discussion and analysis, the share price of Bank of Baroda   may touch the level of around Rs.350-375 in 2026.

Bank of Baroda Share Price Target 2027

Based on the above discussion and analysis, the share price of Bank of Baroda  is likely to touch the level of around Rs.400-425 in 2027

 Bank of Baroda Share Price Target 2028

Based on the above discussion and analysis, the share price of Bank of Baroda    is likely to remain in the range of Rs.450-475 in 2028

Bank of Baroda Share Price Target 2029

Based on the above discussion and analysis, the share price of  Bank of Baroda   is likely to touch the level of around Rs.500-525 in 2029

Bank of Baroda Share Price Target 2030

Based on the above discussion and analysis, the share price of Bank of Baroda   is likely to remain in the range of Rs.550-575 in 2030

Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.

Also Read :

Author

1 thought on “Bank of Baroda Share Price Target 2023 to 2030”

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Verified by MonsterInsights