Bank of Baroda shares slump 14%, Dena Bank and Vijaya Bank rise 10-20% after merger news
Updated : September 18, 2018 11:03 AM IST
Vijaya Bank shares traded at Rs 60.65, trading higher by 1.17 percent.
Dena Bank shares hit upper circuit, rising as much as 19.81 percent to Rs 19.05.
Deutsche Bank has downgraded Bank of Baroda to "Hold" rating, cutting target price to Rs 145 from Rs 180.