₹144.45▲0.1%
0.59%
Low
Day's Volatility:1.21%
High
0.62%
51.89%
Low
52 Weeks Volatility:60.06%
High
8.17%
Returns % | |
1 Month Return | 8.09 % |
3 Month Return | 8.37 % |
1 Year Return | 81.05 % |
Market Stats | |
Previous Close | ₹144.30 |
Open | ₹144.50 |
Volume | 50.45L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹65,695.00Cr |
based on 6 analysts
Based on 6 analysts offering long term price targets for Bank of India. An average target of ₹149.17
Source: S&P Global Market Intelligence
Organisation | Bank of India |
Headquarters | |
Industry | Banks |
E-voting on shares | Click here to vote |
Key events for Bank of India
Bank of India stock is down 1.05% on the day, trading at Rs 136.35 as of 13:19 IST on NSE. The stock has added around 3.73% in the last month while the Nifty PSU Bank index has increased by 3.32%. The volume in the stock stood at 46.68 lakh shares today compared to the daily average of 121.04 lakh shares in the last month.
Bank of India Partners with IMGC for Home Loan Products; Fitch Affirms Ratings - 16 Apr, 2024
Bank of India has partnered with Indian Mortgage Guarantee Corporation to offer mortgage guarantee-backed home loans. Meanwhile, Fitch has affirmed Bank of India New Zealand's ratings at BBB-, with a Viability Rating (VR) of bb and Government Support Rating (GSR) of bbb-.
Bank of India Ties Up with IMGC for Home Loans - 15 Apr, 2024
Bank of India has signed a pact with Indian Mortgage Guarantee Corporation (IMGC) to provide mortgage guarantee-backed home loan products in the affordable housing segment. The tie-up will enable both institutions to expand coverage in their target borrower segments and promote financial inclusion.
Bank of India Q3FY24 Net Profit Rises 62% YoY - 08 Apr, 2024
Bank of India's net profit for Q3FY24 rose 62% YoY to ₹1,870 crore, primarily led by a significant drop in provisioning. The public sector lender witnessed growth in its total loans and advances, global gross advances, domestic deposits, and reasonable drop in non-performing assets (NPA). However, the bank's global operating profit fell 18% YoY during the third quarter.
Bank of India Reports Strong Growth in Deposits and Advances - 05 Apr, 2024
Bank of India reports a credit growth of 13.56% at Rs 5.86 lakh crore for the March quarter, while its total business reached ₹13.23 lakh crore, reflecting strong customer confidence and increased savings.
Bank of India's Segments and Offerings - 02 Apr, 2024
Bank of India has three segments: treasury, wholesale banking, and retail banking. It offers various accounts and loans, as well as credit, trade finance, and cash management services to corporates. The RBI is likely to set a cut-off yield on 10-year state bonds in the 7.42%-7.44% band.
Bank of India Faces Income Tax Demand Notice and Increases Lending Rate - 01 Apr, 2024
Bank of India faces an income tax demand notice of just over Rs 1,000 crore for AY 2016-17. The bank also increased its lending rate by 10 basis points, making loans more expensive.
Bank of India Raises Lending Rate Ahead of RBI Policy Announcement - 31 Mar, 2024
State-owned Bank of India has increased its lending rate by 10 basis points, effective from April 1. The move will make loans, including retail, more expensive for customers.
IT Department Imposes Rs 564.44 Crore Penalty on Bank of India - 29 Mar, 2024
The Income Tax Department has imposed a penalty of Rs 564.44 crore on Bank of India for AY 2018-19. The bank is filing an appeal before the Commissioner of Income Tax, National Faceless Appeal Centre against the order and expects the demand to subside. There is no impact on financial, operations or other activities of the Bank.
Bank of India slapped with Rs 564.44 crore penalty by Income Tax Department - 28 Mar, 2024
The Income Tax Department has imposed a penalty of Rs 564.44 crore on Bank of India for various disallowances made during AY2018-19 under Section 270A of the Income Tax Act, 1961.
NCLT Rejects Wadhwa Buildcon's Resolution Plan for Bank of India - 26 Mar, 2024
The National Company Law Tribunal (NCLT) has declared the resolution plan submitted by the promoter of Wadhwa Buildcon as invalid, citing irregularities in the approval process and the promoter being a wilful defaulter. The matter was brought by Bank of India, the company's financial creditor.
Bank of India Board to Consider Fundraising Proposal - 22 Mar, 2024
Bank of India's board is set to meet on March 27 to discuss a proposal for fundraising through the issuance of long-term (infra) bonds. The state-run bank reported a net profit increase of 62.42% to Rs 1,869.51 crore in Q3 FY24 over Q3 FY23.
Fundamentals of Bank of India
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Profit Spike
Netprofit is up for the last 2 quarters, 1.49K Cr → 1.93K Cr (in ₹), with an average increase of 22.4% per quarter
Price Rise
In the last 6 months, BANKINDIA stock has moved up by 61.5%
FII Holding Up
Foreign Institutions have increased holdings from 4.31% to 4.52% in Mar 2024 quarter
MF Holding Up
Mutual Funds have increased holdings from 4.26% to 4.83% in Mar 2024 quarter
Best in 1 Year
In the last 1 year, BANKINDIA has outperformed top 5 stocks with highest market-cap in Banks
Against Peers
In the last 3 years, State Bank of India has given 124.5% return, outperforming this stock by 3.4%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 73.38% of holdings in Mar 2024 quarter
Revenue Fall
Revenue is down for the last 2 quarters, 16.77K Cr → 16.52K Cr (in ₹), with an average decrease of 1.5% per quarter
Retail Holding Down
Retail Investor have decreased holdings from 7.66% to 6.28% in Mar 2024 quarter
Bank of India in the last 5 years
Lowest (-19.05x)
February 18, 2021
Today (9.32x)
April 23, 2024
Industry (20.79x)
April 23, 2024
Highest (26.59x)
January 2, 2020
Funds | Holdings |
SBI Flexicap Fund Direct Growth | 1.29% |
SBI Large & Midcap Fund Direct Growth | 1.08% |
SBI Contra Fund Direct Growth | 0.85% |
SBI Multicap Fund Direct Growth | 1.29% |
Nippon India Growth Fund - Direct Plan - Growth | 0.64% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 73.38% | 0.00 | |
Foreign Institutions | 4.52% | 0.00 | |
Mutual Funds | 4.83% | 0.00 | |
Retail Investors | 6.28% | 0.00 | |
Others | 10.98% | 0.00 |
Technicals of Bank of India share
News & Events of Bank of India
Bank of India (BANKINDIA) share price today is ₹144.45
Bank of India is listed on NSE
Bank of India is listed on BSE
PE Ratio of Bank of India is 9.32
PE ratio = Bank of India Market price per share / Bank of India Earnings per share
Today’s traded volume of Bank of India(BANKINDIA) is 50.45L.
Today’s market capitalisation of Bank of India(BANKINDIA) is ₹65695Cr.
Bank of India(BANKINDIA | Price |
---|---|
52 Week High | ₹156.25 |
52 Week Low | ₹69.5 |
Bank of India(BANKINDIA) share price is ₹144.45. It is down -7.55% from its 52 Week High price of ₹156.25
Bank of India(BANKINDIA) share price is ₹144.45. It is up 107.84% from its 52 Week Low price of ₹69.5
Bank of India(BANKINDIA | Returns |
---|---|
1 Day Returns | 0.15% |
1 Month Returns | 8.09% |
3 Month Returns | 8.37% |
1 Year Returns | 81.05% |