<p>New Delhi: Shares of Bank of Baroda (BoB) on Wednesday climbed 4.50 per cent after the company posted a 19 per cent rise in net profit to Rs 4,579 crore for the third quarter ended December 2023.</p>.<p>The stock jumped 4.38 per cent to Rs 247.70 on the BSE. During the day, it rallied 5.28 per cent to reach its 52-week high of Rs 249.85.</p>.<p>At the NSE, it climbed 4.52 per cent to Rs 248.20.</p>.<p>The company's market valuation increased by Rs 5,378.22 crore to Rs 1,28,094.64 crore.</p>.<p>In volume terms, 18.51 lakh shares of the company traded at the BSE, and over 6.37 crore shares changed hands at the NSE during the session.</p>.<p>The bank had earned a net profit of Rs 3,853 crore in the same quarter a year ago.</p>.<p>Its Total income increased to Rs 31,416 crore during the quarter under review from Rs 27,092 crore in the same period last year, BoB said in a regulatory filing.</p>.<p>Its interest income rose to Rs 28,605 crore from Rs 23,540 crore in the third quarter of the previous fiscal.</p>.<p>The gross non-performing assets (NPAs) declined to 3.08 per cent of gross loans by the end of December 2023 from 4.53 per cent a year ago.</p>.<p>Similarly, net NPAs or bad loans came down to 0.70 per cent from 0.99 per cent at the end of the third quarter of the previous fiscal. </p>
<p>New Delhi: Shares of Bank of Baroda (BoB) on Wednesday climbed 4.50 per cent after the company posted a 19 per cent rise in net profit to Rs 4,579 crore for the third quarter ended December 2023.</p>.<p>The stock jumped 4.38 per cent to Rs 247.70 on the BSE. During the day, it rallied 5.28 per cent to reach its 52-week high of Rs 249.85.</p>.<p>At the NSE, it climbed 4.52 per cent to Rs 248.20.</p>.<p>The company's market valuation increased by Rs 5,378.22 crore to Rs 1,28,094.64 crore.</p>.<p>In volume terms, 18.51 lakh shares of the company traded at the BSE, and over 6.37 crore shares changed hands at the NSE during the session.</p>.<p>The bank had earned a net profit of Rs 3,853 crore in the same quarter a year ago.</p>.<p>Its Total income increased to Rs 31,416 crore during the quarter under review from Rs 27,092 crore in the same period last year, BoB said in a regulatory filing.</p>.<p>Its interest income rose to Rs 28,605 crore from Rs 23,540 crore in the third quarter of the previous fiscal.</p>.<p>The gross non-performing assets (NPAs) declined to 3.08 per cent of gross loans by the end of December 2023 from 4.53 per cent a year ago.</p>.<p>Similarly, net NPAs or bad loans came down to 0.70 per cent from 0.99 per cent at the end of the third quarter of the previous fiscal. </p>