India's Bank of Baroda hits 15-month high after upbeat Q2 update

Bank of Baroda

06/10/2025 06:28

** Shares of state-owned lender Bank of Baroda BOB.NS rise as much as 3.07% to 272.05 rupees, a 15-month high

** BOB is top gainer in public sector bank index .NIFTYPSU, which is up 0.5%

** Global business of BOB rises 10.47% year-on-year to 27.79 trillion rupees ($313.05 billion), as of September 30, 2025

** Global advances and deposits jump 11.9% and 9.28% Y/Y to 12.79 trillion rupees and 15 trillion rupees, respectively

** The growth trends in both loans and deposits improved in compared to the previous quarter, says Ankit Bihani, analyst at Nomura

** Average rating of 32 analysts tracking BOB is a "buy"; the median price target is 280 rupees - data compiled by LSEG

** BOB up 10% YTD, lagging the 16% rise in NIFTYPSU

($1 = 88.7710 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))