OREANDA-NEWS. February 09, 2011. Bank of Baroda said that the Bank has decided to increase its benchmark prime lending rate (BPLR) by 50 basis points from 13.25% to 13.75% and Base Rate by 50 basis points from 9% to 9.5% with effect from Feb. 04, 2011.

The stock had outperformed the market over the past one month till Feb. 02, 2011, falling 3.70% compared with the Sensex`s 11.79% decline. It underperformed the market in past one quarter, declining 15.84% as against 11.08% fall in the Sensex.

Recently the company reported rise of 28.40% in standalone net profit on y-o-y basis to Rs 10.69 billion, while total income rose 31.13% y-o-y basis to Rs 63.42 billion for the quarter ended December 2010.

Shares of the company declined Rs 3.3, or 0.38%, to trade at Rs 860. The total volume of shares traded was 10,771 at the BSE.