Shares of Bank of Baroda gained over 3.5 percent in morning trade even as the bank reported a big loss for the March quarter.

The stock touched an intraday high of Rs 146.25 and an intraday low of Rs 140.50.

The state-run lender posted a net loss of Rs 3,102.34 crore in the March quarter, missing estimates due to a jump in provisions for bad loans. In the fourth quarter last year, the net profit was Rs 155 crore.

Provisions for non-performing assets for the quarter rose by 190 percent YoY to Rs 7,052.53 crore in Q4.

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