BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss maintains buy on Bank of Baroda
Bank of Baroda's Q1 earnings were hit by disappointing asset quality. However, despite high credit cost and weak margins, the bank will be able to generate near-term return on equity of 9-10 per cent. We maintains buy considering its attractive valuation.