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Why Bank of Baroda stock hit 17-week high level today

The stock rose up to 10.6% or 14.65 points to 152.70 level in trade today.  Later, it ended 9.92% or 13.70 points higher at 151.75 level on the BSE.

 
 
The stock hit an intra day high of 1,157.55 after opening at 1,136 level on the BSE. The stock has gained 2.26% during the last two sessions.
The stock rose 19.5% to 84.7 after fresh positions in the derivatives segment were added.
In the April-June quarter of the current fiscal, the ace investor bought 2 lakh shares additional of the company taking his total shareholding to 5 lakh.
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