Last Update Time:
12-Mar-2025 09:56:44
ISIN:
INE028A01039
Sector:
Financial Services
Symbol:
BANKBARODA
Bank of Baroda
₹204.05
₹1.49
(0.74%)
▲
Prev. Close
₹202.56
Open
₹203.56
Close
₹0.00
Range
₹193.85 - ₹214.25
High
₹204.80
Low
₹203.00
Ind. Close
₹0.00
VWAP
₹204.01
The current stock price of Bank of Baroda is ₹204.05, with a target price range between ₹193.85 and ₹214.25. The stock has experienced a price change of ₹1.49 (0.74%), reflecting recent market volatility.
Today's opening price was ₹203.56, while the previous close stood at ₹202.56.
The market trend suggests an uptrend, making it an attractive investment opportunity for traders seeking short-term gains.
For real-time stock market updates, live share prices, and stock analysis, stay tuned. Understanding key stock metrics like VWAP, high-low range, and market momentum can help traders make informed investment decisions.
Bank of Baroda Price Chart
Bank of Baroda Pre Open Market Overview: 12-Mar-2025
Key Metrics:
- IEP (Indicative Equilibrium Price): 203.56
- Previous Close Price: 202.56
- Change: 1.00%
- Total Traded Volume: 11,466
- Total Buy Quantity: 121,048
- Total Sell Quantity: 127,451
| Price | Buy Qty | Sell Qty |
|---|---|---|
| 203.10 | 100.00 | 0.00 |
| 203.25 | 3.00 | 0.00 |
| 203.45 | 5.00 | 0.00 |
| 203.50 | 1,500.00 | 0.00 |
| 203.56 | 3,148.00 | 0.00 |
| 203.66 | 0.00 | 40.00 |
| 203.80 | 0.00 | 1,000.00 |
| 203.88 | 0.00 | 21.00 |
| 203.90 | 0.00 | 350.00 |
| 203.95 | 0.00 | 123.00 |
ATO Data:
- Buy Quantity (ATO): 0
- Sell Quantity (ATO): 0
Order Book
| Bid | Qty | Ask | Qty |
|---|---|---|---|
| 204.10 | 708 | 204.21 | 1,173 |
| 204.09 | 54 | 204.22 | 65 |
| 204.08 | 236 | 204.23 | 640 |
| 204.07 | 1,148 | 204.24 | 125 |
| 204.06 | 175 | 204.26 | 41 |
Total Buy Quantity: 121048
Total Sell Quantity: 127451
Shareholding Patterns of Bank of Baroda
Key Trade Statistics of Bank of Baroda
| Trade Information | Details |
|---|---|
| Traded Volume (Lakhs) | 13.15 |
| Traded Value (₹ Cr.) | 26.82 |
| Total Market Cap (₹ Cr.) | 105,521.65 |
| Free Float Market Cap (₹ Cr.) | 37,987.10 |
| Impact cost | 0.03 |
| Quantity Traded | 12,900,521.00 |
| Deliverable Quantity | 7,355,624.00 |
| % of Quantity to Traded | 57.02 |
| Security VaR | 13.42 |
| Index VaR | N/A |
| VaR Margin | 13.42 |
| Extreme Loss Rate | 3.5 |
| Adhoc Margin | N/A |
| Applicable Margin Rate | 16.92 |
| Face Value | 2 |
Key Price Statistics of Bank of Baroda
The 52-week high for Bank of Baroda was ₹299.70, recorded on 03-Jun-2024. On the other hand, the 52-week low stands at ₹190.70, with the lowest value recorded on 04-Mar-2025.
The upper band for trading is ₹222.81, and the lower band is ₹182.30. The price band is No Band%.
The stock's daily volatility stands at 2.10, while the annualized volatility is 40.12. The tick size for trading is ₹0.01.
| Price Information | Details |
|---|---|
| 52 Week High (03-Jun-2024) | 299.70 |
| 52 Week Low (04-Mar-2025) | 190.70 |
| Upper Band | 222.81 |
| Lower Band | 182.30 |
| Price Band (%) | No Band |
| Daily Volatility | 2.10 |
| Annualised Volatility | 40.12 |
| Tick Size | 0.01 |
Key Securities Statistics of Bank of Baroda
| Securities Information | Details |
|---|---|
| Status | Listed |
| Trading Status | Active |
| Date of Listing | 19-Feb-1997 |
| Adjusted P/E | 5.19 |
| Symbol P/E | 5.19 |
| Index | NIFTY BANK |
| Macro-Economic Sector | Financial Services |
| Sector | Financial Services |
| Industry | Banks |
| Basic Industry | Public Sector Bank |
Security Status of Bank of Baroda
| Title | Details |
|---|---|
| Board Status | Main |
| Trading Segment | Normal Market |
| Session No. | - |
| Class of Shares | Equity |
| SDD Compliance | - |
| Name of Compliance Officer | - |
Announcements of Bank of Baroda
| Subject | Date |
|---|---|
| Updates | 10-Mar-2025 |
| Updates | 06-Mar-2025 |
| Credit Rating | 04-Mar-2025 |
| Updates | 14-Feb-2025 |
| Updates | 14-Feb-2025 |
| Outcome of Board Meeting | 13-Feb-2025 |
| General Updates | 11-Feb-2025 |
| Integrated Filing- Financial | 10-Feb-2025 |
Corporate Actions of Bank of Baroda
| Face Value | Purpose | Ex-Date |
|---|---|---|
| 2 | Annual General Meeting/Dividend - Rs 7.60 Per Share | 28-Jun-2024 |
| 2 | Annual General Meeting/Dividend - Rs 5.50 Per Share | 30-Jun-2023 |
| 2 | Annual General Meeting/Dividend - Rs 2.85 Per Share | 17-Jun-2022 |
| 2 | Annual General Meeting | 30-Jun-2021 |
| 2 | Annual General Meeting | 22-Jul-2020 |
| 2 | Annual General Meeting | 18-Jun-2019 |
| 2 | Annual General Meeting | 05-Jul-2018 |
| 2 | Annual General Meeting/Dividend - Rs 1.20 Per Share | 22-Jun-2017 |
| 2 | Annual General Meeting | 16-Jun-2016 |
| 2 | Annual General Meeting/ Dividend - Rs 3.20/- Per Share | 16-Jun-2015 |
| 2 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share | 22-Jan-2015 |
| 2 | Annual General Meeting / Dividend - Rs.10.50/- Per Equity Share | 12-Jun-2014 |
| 2 | Interim Dividend Rs 11/- Per Share | 20-Jan-2014 |
| 2 | Annual General Meeting / Dividend - Rs.21.50/- Per Equity Share | 13-Jun-2013 |
| 2 | Annual General Meeting/Dividend Rs 17 Per Share | 14-Jun-2012 |
| 2 | Annual General Meeting And Dividend Rs.16.50 Per Share | 23-Jun-2011 |
| 2 | Annual General Meeting And Dividend Rs.15/- Per Share | 24-Jun-2010 |
| 2 | Agm/Div.Rs.9/- Per Share | 18-Jun-2009 |
| 2 | Egm-Election Of Directors | 06-Nov-2008 |
| 2 | Agm/Dividend - 80% | 17-Jul-2008 |
Board Meetings of Bank of Baroda
Financial Results of Bank of Baroda
Company Directory of Bank of Baroda
| Web Address | Office | Address | City |
|---|---|---|---|
| www.bankofbaroda.co.in | Head Office/ Corporate Office | 07 floor, Baroda Corporate Centre, Plot No. C-26, G-Block, Bandra Kurla Complex, Bandra (East), | MUMBAI |
| www.bankofbaroda.co.in | Registered Office | Baroda House, Mandvi, | VADODARA |
| www.bankofbaroda.co.in | Transfer Agent | M/s Karvy Computershare (P) Limited Karvy Selenium, Tower-B, Plot No. 31 & 32, Gachibowli, Financial District, Nankramguda, Serilingampally Mandal, | HYDERABAD |
Insider Trading of Bank of Baroda
| Reg. Clause | Acq./Disp. | Sec. Value | Txn Type |
|---|---|---|---|
| 7(2) | SUMIT KUMAR MUJUMDAR | 2167500 | Sell |
| 7(2) | President of India | 70000000000 | Buy |
| 7(2) | PRESIDENT OF INDIA | 566884916 | Sell |
| 7(2) | President of India | 50420000000 | Buy |
| 7(2) | The President of India (GoI) | 1272019456 | Sell |
| 7(2) | PRESIDENT OF INDIA | 968218962 | Sell |
| 7(2) | President of India | 1080271275 | Sell |
| 7(2) | President of india | 53749999844 | Buy |
| 7(2) | Palamadai Sundararajan Jayakumar | 1978760 | Buy |
| 7(2) | The President of India | 2183103198 | Sell |
| 7(2) | Palamadai Sundararajan Jayakumar | 2502180 | Buy |
| 7(2) | Palamadai Sundararajan Jayakumar | 4972100 | Buy |
Annual Reports of Bank of Baroda
Investor Complaints of Bank of Baroda
Event Calendar of Bank of Baroda
| Purpose | Details |
|---|---|
| Board meeting Rescheduled | The Bank had informed the Exchange that a Meeting of the Board of Directors of the Bank will be held on May 28, 2010 inter alia, to consider the following business : (1) To consider and approve the Audited Financial Results (Consolidated) of the Bank for the Financial Year ended March 31, 2010, together with relevant segment reporting. The Bank has now informed the Exchange that a Meeting of the Board of Directors of the Bank will be held on May 25, 2010 inter alia, to consider the following business : (1) To consider and approve the Audited Financial Results (Consolidated) of the Bank for the Financial Year ended March 31, 2010, together with relevant segment reporting. |
| Results/Dividend | Inter alia, to consider the following business : (1) To consider and approve the Audited Financial Results (Standalone) of the Bank for the quarter / financial year ended March 31, 2011, together with relevant segment reporting; (2) To recommend Dividend for the F.Y. 2010-11 (payable on July 14, 2011 after approval of Annual General Meeting), if any. |
| Issue of Securities | The Bank has informed the Exchange that Ministry of Finance, Government of India, vide its communication dated September 20, 2011 has informed that they have decided to raise the Govt. of India's holding in the Bank by infusing a sum of Rs. 775 crore, by way of preferential issue of Equity shares/ Warrants. The meeting of the Board of Directors of the Bank to be held on October 31, 2011, interalia, may consider issuance of Equity Shares/ Warrants of face value of Rs. 10/- each at such price as may be decided as per SEBI ICDR Regulations on preferential basis in favour of Government of India. |
| Results/Dividend | Inter-alia, to consider the following business : (1) To consider and approve the Audited Financial Results (Standalone) of the Bank for the quarter / financial year ended March 31, 2012, together with relevant segment reporting.(2) To recommend Dividend for the F.Y 2011-12 (payable after approval of Annual General Meeting), if any. |
| Issue of Securities | To consider, inter alia, proposed issue of Equity Shares to Government of India (GOI), on preferential basis, as per SEBI ICDR Regulations. |
| Results/Dividend | Inter alia, to consider the following business:(1) To consider and approve the Audited Financial Results (Standalone & Consolidated) of the Bank for the quarter / financial year ended March 31, 2013, together with relevant segment reporting.(2) To recommend Dividend for the F.Y 2012-13 (payable after approval of Annual General Meeting), if any. |
| Results | Inter alia, to consider & approve the un-audited (Reviewed) Financial Results of the Bank for the quarter / three months ended June 30, 2013, together with relevant segment reporting. |
| Results | To consider and approve the un-audited Financial Results (Reviewed) of the Bank for the second quarter/ half year ended September 30, 2013, together with relevant segment reporting. |
| Issue of Securities | The Bank has informed the Exchange that consequent upon the receipt of communication from Government of India (GOI), the Board of Directors of the Bank at its meeting scheduled to be held on December 03, 2013 is inter alia, considering to approve issue of equity shares by way of preferential allotment to Government of India, the promoter of the Bank, up to Rs. 550/- crore (Rupees Five Hundred and Fifty Crore Only) subject to compliance of all applicable Laws/Regulations/ Approvals i.e. including but not limited to SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009 as amended, RBI/GOI approvals, Listing/Trading approvals from SEs and other applicable approvals. |
| Dividend | Inter alia, to consider a proposal to declare/pay interim dividend for the F.Y. 2013-14. |
| Results | To consider and approve the un-audited (Limited Reviewed) Financial Results of the Bank for the quarter/ nine months December 31, 2013, together with relevant segment reporting. |
| Results/Dividend | Inter alia, to consider the following business:(1) To consider and approve the Audited Financial Results (Standalone & Consolidated) of the Bank for the quarter / financial year ended March 31, 2014, together with relevant segment reporting.(2) To recommend Dividend for the F.Y 2013-14 (payable after approval of Annual General Meeting), if any. 'Trading Window' under provisions of "BOB Directors and Employees Code of Conduct for Prohibition of Insider Trading " have been closed from April 30, 2014 to May 14, 2014(both days inclusive). |
| Results | Inter alia, to consider and approve the un-audited Financial Results(Reviewed) of the Bank for the quarter / three months ended June 30, 2014, together with relevant segment reporting.'Trading Window' under provisions of "BOB Directors and Employees Code of Conduct for Prohibition of Insider Trading " have been closed from July 17, 2014 to July 29,, 2014(both days inclusive). |
| Results | To consider and approve the un-audited (Reviewed) Financial Results of the Bank for the quarter / half year ended September 30, 2014, together with relevant segment reporting. |
| Results | To consider & approve the un-audited (Reviewed) Financial Results of the Bank together with relevant segment reporting, for the quarter / Nine months ended December 31, 2014. |
| Results/Dividend | inter alia, to consider the following business:(1) To consider and approve the Audited Financial Results (Standalone & Consolidated) of the Bank for the quarter / financial year ended March 31, 2015, together with relevant segment reporting.(2) To recommend Dividend for the F.Y 2014-15 (payable after approval of Annual General Meeting), if any. |
| Results | To consider & approve the un-audited (Reviewed) Financial Results of the Bank together with relevant segment reporting, for the quarter / three months ended June 30, 2015. |
| Results | To consider & approve the un-audited (Reviewed) Financial Results of the Bank together with relevant segment reporting, for the quarter / half year ended September 30, 2015. |
| Results/Others | To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / nine months ended December 31, 2015. |
| Results | To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / nine months ended 31st December 2015. |
| Results | To consider & approve the Standalone (Audited) and Consolidated (Audited) Financial Results of the Bank together with relevant segment reporting, for the Quarter / Financial Year ended March 31 2016. |
| Results | Inter-alia:1. To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / three months ended 30th June 2016. Company further advise that the Trading window will remain closed for all the Directors, Designated Persons and Insiders pursuant to the provision of "Bank of Baroda Code of Conduct for Prohibition of Insider Trading" read with SEBI (Prohibition Of Insider Trading) Regulations, 2015 from August 3, 2016 to August 13, 2016 (both Days inclusive). |
| Others | to consider and approve the issue of the captioned Bonds and matters related thereto. |
| Results | Inter-alia: To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / half year ended September 30, 2016. |
| Results | Inter-alia: To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / nine months ended December 31, 2016. |
| Others | To decide fund raising through issuance of Private Placement of Bonds i.e. AT-I (Basel-III Compliant Additional Tier-I Perpetual) / Tier II, as may be deemed fit. |
| Board Meeting Postponed | BANKBARODA : 14-Mar-2017 :The Company had informed the Exchange that a meeting of the Board of Directors of the Company will be held on March 08, 2017, To decide fund raising through issuance of Private Placement of Bonds i.e. AT-I (Basel-III Compliant Additional Tier-I Perpetual) / Tier II, as may be deemed fit. The Company has now informed the Exchange that the designated Board Committee i.e. Capital Raising Committee of the Board, which was scheduled to meet on March 08, 2017, will now meet on March 14, 2017 to decide / approve the fund raising through issuance of Private Placement of Bonds i.e. AT-I (Basel-III Compliant Additional Tier-I Perpetual) / Tier II, as may be deemed fit. |
| Issue of Securities | To decide fund raising through issuance of Private Placement of Basel-III Compliant Tier II Bonds. |
| Results/Dividend | The Company had informed the Exchange regarding the meeting of the Board of Directors of the Company scheduled to be held May 18, 2017, Inter-alia: 1. To consider & approve the Standalone (Audited) and Consolidated (Audited) Financial Results of the Bank together with relevant segment reporting, for the Quarter / Financial Year ended March 31, 2017. 2. To recommend Dividend for the FY 2016-17, if any. The Company has now informed the Exchange that the Board will inter-alia also be considering the following: Approval of Risk Based Capital Plan for FY2017-18 by way of raising Capital funds through Equity and/or Debt i.e. Basel III Compliant Tier-I and/or Tier-II Bonds during the year, which will be subject to applicable Statutory/Regulatory approvals and also Shareholders approvals, wherever required as per applicable laws/regulations. (Purpose Revised) |
| Results/Dividend | Inter-alia: 1. To consider & approve the Standalone (Audited) and Consolidated (Audited) Financial Results of the Bank together with relevant segment reporting, for the Quarter / Financial Year ended March 31, 2017. 2. To recommend Dividend for the FY 2016-17, if any. |
| Raising of Funds | to consider and approve raising of capital funds by -Equity/Debts during FY2017-18 along with Risk Based Capital Plan. |
| Results | Inter-alia: To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / three months ended June 30, 2017. |
| Results | Inter-alia: ￂﾕ To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / half year ended September 30, 2017. |
| Raising of Funds | Is inter-alia , considering a proposal to approve raising of additional Capital funds in domestic / overseas markets eligible to be reckoned as BASEL-III Compliant Additional Tier-1 (AT-1) Capital as per RBI guidelines, which will be over & above Rs. 3000 Crs. already approved by Board at its meeting held on May 27, 2017. |
| Results | inter-alia: (1) To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / nine months ended December 31, 2017. |
| Results/Others | The Bank had informed the Exchange regarding the meeting of the Board of Directors of the Bank scheduled to be held on February 09, 2018 inter-alia: (1) To consider & approve the Un-audited (Reviewed) Standalone Financial Results of the Bank together with relevant segment reporting, for the quarter / nine months ended December 31, 2017. The Bank has now informed the Exchange that the Board will inter-alia also be considering the following: a) to consider and approve the issue of equity shares on a Preferential Basis to Government of India upto Rs. 5,375 Crore. b) to Fix the Date, Venue and Time of the Extra-ordinary General Meeting for approval of issuance of Share Capital by way of preferential issue to Government of India. (Purpose Revised) |
| Financial Results/Fund Raising | To consider and approve the financial results for the period ended March 31, 2018 and Fund Raising |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2018 |
| Other business matters | To consider other business matters |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2018 |
| Fund Raising | To consider Fund Raising |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2018 |
| Fund Raising | To consider Fund Raising - Issue of equity shares to GOI on preferential basis |
| Financial Results/Fund Raising | To consider and approve the financial results for the period ended March 31, 2019 and Fund Raising |
| Other business matters | To consider other business matters for Approval Of Opening Balance Sheet Of Amalgamated Bank |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2019 |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2019 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2019 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2019 |
| Financial Results | To consider and approve the financial results for the period ended March 31, 2020 |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2020 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2020 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2020 |
| Financial Results/Fund Raising | To consider and approve the financial results for the period ended March 31, 2021 and Fund Raising |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2021 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2021 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2021 |
| Dividend | Bank Of Baroda has informed the Exchange about Board Meeting to be held on 31-May-2022 to consider revision in Dividend and consequent change in financial statements of FY2021-22 |
| Financial results | Bank Of Baroda has informed the Exchange about Board Meeting to be held on 30-Jul-2022 to consider financial statements for the period ended June 2022 |
| Financial results | Bank Of Baroda has informed the Exchange about Board Meeting to be held on 05-Nov-2022 to consider financial statements for the period ended September 2022 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2022 |
| Fund Raising | To consider Fund Raising |
| Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2023 and dividend |
| Fund Raising | To consider Fund Raising |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2023 |
| Fund Raising | To consider Fund Raising |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2023 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2023 |
| Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2024 and dividend |
| Financial Results | To consider and approve the financial results for the period ended Jun 30, 2024 |
| Financial Results | To consider and approve the financial results for the period ended September 30, 2024 |
| Financial Results | To consider and approve the financial results for the period ended December 31, 2024 |
| Fund Raising | To consider Fund Raising |
Share Transfers of Bank of Baroda
Voting Results of Bank of Baroda
| Date of Mtg. | Mtg. Type | Resolution |
|---|---|---|
| 05-JUL-2024 | AGM | To approve the financial results of the Bank for the year ended 31st March, 2024. |
| 05-JUL-2024 | AGM | To consider and approve appointment of Dr. M P Tangirala, as a Non-Executive Director of the Bank |
| 05-JUL-2024 | AGM | Election of Shareholder Director Rameshwar Prasad Vijay |
| 05-JUL-2024 | AGM | Election of Shareholder Director Vijay Dube |
| 05-JUL-2024 | AGM | Election of Shareholder Director Suresh Chand Garg |
| 05-JUL-2024 | AGM | Election of Shareholder Director Kartar Singh Chauhan |
| 05-JUL-2024 | AGM | Election of Shareholder Director Sanjay Kapoor |
| 05-JUL-2024 | AGM | To approve and declare dividend for the FY2023-24 |
| 15-MAY-2024 | EGM | Election of Shareholder Director Sanjay Kapoor |
| 15-MAY-2024 | EGM | To consider appointment Shri Sanjay Vinayak Mudaliar as Executive Director |
| 15-MAY-2024 | EGM | Election of Shareholder Director Ravindran Menon |
| 15-MAY-2024 | EGM | Election of Shareholder Director Kartar Singh Chauhan |
| 15-MAY-2024 | EGM | Election of Shareholder Director Suresh Chand Garg |
| 21-DEC-2023 | EGM | Election of Shareholder Director Sanjay Kapoor |
| 21-DEC-2023 | EGM | Election of Shareholder Director Jayesh Kumar Shah |
| 21-DEC-2023 | EGM | Election of Shareholder Director Rameshwar Prasad Vijay |
| 21-DEC-2023 | EGM | Election of Shareholder Director Nina Nagpal |
| 21-DEC-2023 | EGM | Election of Shareholder Director Kartar Singh Chauhan |
| 21-DEC-2023 | EGM | Election of Shareholder Director Suresh Chand Garg |
| 21-DEC-2023 | EGM | Election of Shareholder Director Dr Priyank Sharma |
FAQs on Bank of Baroda
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Please do your own research and consult with a financial professional before making any investment decisions.