Bank of Baroda, one of the leading public sector lenders, witnessed a rise in share price on Thursday as the bank decided to reduce Base Rate by 10 basis points from 10% to 9.90% and also to reduce Bench-mark Prime Lending Rate (BPLR) by 10 basis points from 14.25% to 14.15%. The reduction in both rates will be effective from July 13, 2015.
Shares of Bank Of Baroda are trading at Rs 153.10, up Rs 1.9, or 1.26% at the Bombay Stock Exchange (BSE) on Thursday at 2:55 p.m. The scrip has touched an intra-day high of Rs 154.90 and low of Rs 151.25. The total volume of shares traded at the BSE is 255,850.
In the earlier session, the shares fell 1.72%, or Rs 2.65, at Rs 151.20. Currently, the stock is trading down 33.11% from its 52-week high of Rs 228.90 and above 11.35% over the 52-week low of Rs 137.50.