This PSU Banking Stock Can Surge Upto 45%, " Buy" Says Motilal Oswal
A recommendation to buy stock of Baroda was given to investors from Motilal Oswal, a leading brokerage company.
This public sector unit banking stock will surge upto 47 % Rs 240 per share from Rs 164 per share, based on the Motilal Oswal's research estimates.
Bank of Baroda, posted a strong quarter. Margins witnessed an expansion to 3 .4%, highest- ever profit of Rs 38.5 billion.
Bank of Baroda reported a profit ( PPoP), driven by higher NII and other income.
Outlook: Buy Bank of Baroda stock, with a price target of Rs 240 per share
Bank of Baroda has a year,.
The stock has been picked from the brokerage report of Motilal Oswal, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article. advises users to consult with certified experts before making any investment decision.
By Aditi Murkute Goodreturns source: Dailyhunt