BoB Shares Gain Momentum: Bank of Baroda Stock Jumps After Strong Q3 Results

BoB Share Price: Public sector banks (PSU Banks) have once again proven their strength in the Indian banking sector. Bank of Baroda (BoB) shares saw a strong rally today, closing at ₹305.15. This gain not only signals recovery from initial pressure following Budget 2026, but also reflects the bank’s recently announced strong third quarter (Q3 FY26) figures. By market close, the stock was very close to its 52-week high of ₹313.35, generating significant investor enthusiasm.

Today’s Market Status

Bank of Baroda shares opened at ₹303.25 on Thursday’s trading session and touched a high of ₹307.00 amid fluctuations throughout the day. The bank’s market capitalization has now surpassed approximately ₹1.57 lakh crore.

Bank of Baroda Home Loan — Bank of Baroda

Over the past year, the bank has delivered impressive returns of over 46% to its shareholders, significantly outperforming the Nifty Bank Index. Experts believe the market is now focusing on the bank’s fundamentals, with budget-related concerns now behind the bank’s credit growth and asset quality steadily improving.

Significant Growth in Profits and Loans

The recently concluded December 2025 quarter results have turned the tide in the bank’s favor. Bank of Baroda reported a net profit of ₹5,055 crore for the quarter, a year-on-year increase of approximately 4.5%. The bank’s total global advances growth was 14.7%, significantly exceeding management’s estimate of 11-13%.

The retail loan segment, in particular, saw a strong growth of 17.3%, reflecting the bank’s increasing penetration. Additionally, gross NPAs (GNPAs) have fallen to 2.04% and net NPAs (NNPAs) to just 0.57%, representing the bank’s best asset quality in several years.

Preparing for ₹330 and ₹385 now

Given the results and the bank’s strong balance sheet, leading brokerages have further strengthened their ‘Buy’ ratings on the stock. Axis Direct and ICICI Direct have given short-term targets of ₹334 to ₹340 for the stock.

Other technical analysts predict that if the stock manages to break the ₹314 resistance level and hold above it, it could even touch ₹385 in the coming months. The bank currently has a P/E ratio of around 7.8, which still makes it a ‘value stock’ compared to its competitors.

What should investors do

According to technical indicators, Bank of Baroda’s chart is currently showing a strong bullish trend and is trading well above its 50-day and 200-day moving averages (DMAs). However, with the Relative Strength Index (RSI) slightly higher at higher levels, some profit-booking is expected on Monday. This is a golden opportunity for long-term investors to buy on dips, as the bank’s digital expansion and declining NPAs indicate even better profitability in the future.