Merger impact: Bank of Baroda stock plunges 12%, Dena Bank up 20%

Bank of Baroda, the bank with the strongest fundamentals among the three, saw its stock plunging. At 10.30 am, the stock was down 12 per cent at Rs 119 on the NSE. In contrast, Dena Bank -- the weakest of the lot -- made huge gains in early trade and was up almost 20 per cent at Rs 19.05.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2QHzBqv