Bank of Baroda (BoB) share price at 9-year high. Experts see more rally
Live MintBank of Baroda shares have remained an ideal 'buy on dips' stock for investors since February 2023. So, while climbing to a new 52-week high, BoB share price came close to 9-year high during Monday stock market deals. Why BoB share price is skyrocketing Speaking on the reasons that has fueled Bank of Baroda shares these days, Sandeep Pandey, Founder & Director at Basav Capital saod, “Recent buzz in PSU bank stocks after government of India's focus on infrastructure is one of the major reason for continuous uptrend in the BoB shares. So, BoB shares are more a portfolio stock than a trading stock.” Bank of Baroda share price target Expecting this uptrend to further continue, Sumeet Bagadia, Executive Director at Choice Broking said, "BoB share price is looking positive on chart pattern and it may go up to ₹240 to ₹250 apiece levels in near term. He gave 'portfolio stock' tag to BoB shares citing, "One should hold the scrip for one to two years as the stock may go up to ₹450 apiece levels in next two years."