$BANKBARODA

Fundamental: Revenue +5.2% YoY | PAT +7% YoY | 5Y PAT CAGR 26.1% | P/E 7.1x vs sector 9.7x (27% discount) | Upside 23.6% | Dividend Yield 3.09% | Rank #4/14 peers | Rating 8.05 Technical: Broke above ₹280 resistance on strong volumes — reclaimed 200-day EMA, signaling positive trend shift | Above key short-term MAs | Early-stage breakout — ADX 14 Moat: India's third-largest PSU bank with a strong international franchise across 17+ countries — government backing, deep MSME and retail loan penetration, and a 3%+ dividend yield create a defensive income floor rarely available in large-cap banking at this valuation. View: Deeply discounted to banking peers at 7x P/E with a 23.6% Finkhoz upside and an attractive dividend yield — the fresh breakout above a key resistance after prolonged consolidation, with the 52W Index at just 47, offers meaningful upside.