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Naveen Kumar

7th Jan · SEBI-Registered Analyst

BANKBARODA

Bank of Baroda, currently at approximately ₹333, stands out as a robust public sector banking play. Its impressive loan growth, coupled with record-low bad loans and a squeaky-clean balance sheet, makes it exceptionally appealing. This PSU bank is a safe bet in India’s ongoing banking boom, yet it remains an undervalued gem with a low PE of around 8x and rapid profit expansion. While our conservative 2026 target is ₹400 (a 33% upside), its potential to surprise with significant upside and even double money long-term suggests it's a hidden multibagger.

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