Buy Bank of Baroda, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one may buy Bank of Baroda at current levels and hold it for a year.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " Bank of Baroda is a very good stock to own. This is not a day trade, this is something you want to buy and hold for a year. At current levels it justifies that."

At 14:09 hrs Bank Of Baroda was quoting at Rs 948.70, up Rs 70.80, or 8.06 percent. It has touched a 52-week high of Rs 976.

The share touched its 52-week high Rs 913.00 and 52-week low Rs 429.25 on 13 May, 2014 and 20 August, 2013, respectively. Currently, it is trading 3.91 percent below its 52-week high and 121.01 percent above its 52-week low. Market capitalisation stands at Rs 40,858.52 crore.

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