Shares of Bank of Baroda (BOB) surged 6 per cent in Monday's trade, as the state-run lender reported healthy earnings for the September quarter after a soft Q1. Analysts said while the contribution of recovery and trading income was high,

Jefferies has a buy call on the shares of Bank of Baroda with a target price of ₹310, implying that it sees a potential upside of more than 22% from the closing price of October 25.

Bank of Baroda (BOB) shares will be in the spotlight on Monday following a 23.2% increase in standalone net profit. Net interest income (NII) rose 7.3% year-on-year to Rs 11,622 crore in Q2FY25, with strong growth in both NII and non-interest income driving the quarterly profit after tax (PAT).

On the last trading day, Bank of Baroda opened at ₹250 and closed slightly higher at ₹250.15. The stock reached a high of ₹250.6 and a low of ₹247.55 during the day.

Bank of Baroda announced a 23% increase in net profit for the September quarter, reaching Rs 5,238 crore. Total income rose to Rs 35,445 crore, with improved asset quality as gross NPAs declined. The bank's capital adequacy ratio also increased,

Beating the analysts’ expectations, Bank of Baroda on Friday announced a 23% year-on-year rise in net profit to Rs 5,238 crore in the second quarter of the current financial year, driven by healthy growth in advances. Analysts polled by Bloomberg had estimated the bank to post Rs 4,452 crore net profit in the quarter.

Bank of Baroda (BoB) may report a 5 per cent year-on-year increase in second quarter (Q2FY25) net profit at ₹4,482 crore, per analyst estimates, due to expected decent growth in net interest income (NII) and lower credit cost.

Shares of private sector lender IDFC First Bank Ltd. declined as much as 10% after the bank reported a 73% drop in its results for the second quarter ending in September.