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Bank of Baroda trades in green on incorporating wholly owned subsidiary

The subsidiary will undertake Standalone Primary Dealership business in accordance with RBI guidelines

Bank of Baroda is currently trading at Rs. 281.50, up by 0.40 points or 0.14% from its previous closing of Rs. 281.10 on the BSE.

The scrip opened at Rs. 279.30 and has touched a high and low of Rs. 282.85 and Rs. 272.50 respectively. So far 342095 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 325.55 on 26-Feb-2026 and a 52 week low of Rs. 204.25 on 17-Mar-2025.

Last one week high and low of the scrip stood at Rs. 297.20 and Rs. 272.50 respectively. The current market cap of the company is Rs. 143996.58 crore.

The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 28.65% and 7.38% respectively.

Bank of Baroda has incorporated a wholly owned subsidiary named ‘BOB Securities & Giltedge’. BOB Securities & Giltedge will undertake Standalone Primary Dealership business in accordance with RBI guidelines. The bank will infuse Rs 2000 crore in BOB Securities & Giltedge in two tranches.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.