Bank of Baroda (532134.IN) shares have fallen 17% over the past two months as investors fretted within the Indian lender’s soured loans. Nomura sees the dip as being a good buying opportunity and possesses upgraded the second biggest government-controlled bank from neutral to acquire. A good reason analyst Adarsh Parasrampuria likes this stock is that

Bank of Baroda (532134.IN) shares have fallen 17% over the past 60 days as investors fretted within the Indian lender’s soured loans. Nomura sees the dip as a good buying opportunity and has upgraded the second largest government-controlled bank from neutral to acquire. The reason analyst Adarsh Parasrampuria likes this stock could be that the