BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Nomura maintains buy on Bank of Baroda
Nomura says, its asset quality has been stable after the exit of its chairman Mr. Mundra, and assurance of no negative surprise on the transition has been positive. The brokerage expects ROE of Bank of Baroda to improve to around 15.5 per cent in FY16/17.