This PSU Banking Stock Can Surge Upto 45%, "Buy" Says Motilal Oswal

This PSU Banking Stock Can Surge Upto 45%, " Buy" Says Motilal Oswal { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

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. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

Outlook: Buy Bank of Baroda stock, with a price target of Rs 240 per share

Bank of Baroda has a year,. { "selector": ".imagebox-wrapper", "duration": "2160ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.0648)"] } }

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. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

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By Aditi Murkute Goodreturns source: goodreturns.in Dailyhunt View more