 "Analysts at Elara Capital see the profit growing 47 per cent QoQ to Rs 744.9 crore in the quarter under review")
Shares of State-owned Bank of Baroda gained 1.5 per cent to quote at Rs 49.20 apiece in the intra-day trade on the BSE on Monday ahead of the bank's June quarter result, scheduled to be released later in the day. At close, the stock ended 0.83 per cent higher at Rs 48.85 per share, as against 142 points, or 0.32 per cent, gain in the benchmark S&P BSE Sensex.
Analysts foresee the bank reporting sluggish business growth in Q1 on the back of Covid-19 induced nationwide lockdown. The bank's loan growth, they say, would remain flat on a sequential basis,
