Momentum Pick – Bank of Baroda outperforms Sensex, returns 130% in 1 yr; analysts give technical & fundamental views, outlook
PSU Banks have shed some underperformance in October Series and are now in flavour. While, State Bank of India (SBI), Panjab National Bank (PNB), Canara Bank and Bank of Baroda (BoB) have been on a winning trend, analysts pick BoB as Momentum Pick for today. The 1-year returns given by this stock is almost 130 per cent as against 50.03 per cent returned by the BSE Sensex
In the Year-to-Date (YTD) basis, this state-run bank has given over 61.54 per cent returns, outperforming the Sensex by almost 33 per cent. Source: PTI