Bank of Baroda Shares Rise on Plan to Sell NSE Stake
By ThePip Desk
Bank of Baroda shares gain 0.98% as the lender announces plans to divest a 35% stake in the National Stock Exchange via an Offer for Sale.
Market Performance and Price Action
Bank of Baroda shares are trading higher on the BSE, showing a gain of 0.98% during the session. The stock reached a high of Rs 239.35 and a low of Rs 234.75 throughout the day’s trading.
- Current price: Rs 237.20
- Previous close: Rs 234.90
- Daily gain: 2.30 points
- Volume traded: 357,122 shares
Strategic Stake Sale Details
The banking institution confirmed plans to initiate an Offer for Sale to divest its equity interest in the National Stock Exchange of India. This move involves selling up to 7,690,375 equity shares, which accounts for 35% of the bank’s total holding in the exchange.
These shares were moved to an Escrow Account on September 8, 2026, as part of the formal process. The transaction remains subject to the necessary regulatory approvals.
Company Financials and Holdings
The bank’s current market capitalization stands at Rs 123,285.27 crore. Its shareholding structure remains split between promoters, institutions, and non-institutional investors.
- Promoter holding: 63.97%
- Institutional holding: 28.56%
- Non-institutional holding: 7.46%
Historical Price Context
The stock, which carries a face value of Rs 2, has experienced significant volatility over the past 52 weeks. It hit a high of Rs 325.55 on February 26, 2026, and a low of Rs 234.10 on September 9, 2026.
Over the last week, the scrip fluctuated between a high of Rs 242.00 and a low of Rs 234.10. Bank of Baroda continues to provide a range of financial services including corporate, international, and retail banking.