Bank of India (BANKINDIA)
₹124.4▲1.1%
Bank of India share Performance
- ₹123.6₹124.6₹124.4
0.64%
Low
Day's Volatility:0.80%
High
0.16%
- ₹69.5₹157.95₹124.4
44.13%
Low
52 Weeks Volatility:71.10%
High
26.97%
| Returns % | |
| 1 Month Return | -10.7 % |
| 3 Month Return | -13.83 % |
| 1 Year Return | + 61.17 % |
| Market Stats | |
| Previous Close | ₹₹123.05 |
| Open | ₹₹123.60 |
| Volume | ₹14.68L |
| Upper Circuit | ₹- |
| Lower Circuit | ₹- |
| Market Cap | ₹₹56,020.58Cr |
Analyst Rating
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
Company Information
It offers a wide range of products and services such as savings accounts, current accounts, fixed deposits, loans, debit cards, credit cards, and insurance. Its popular brands include BOI Star, BOI Express Credit, BOI Star Gold, and BOI Star Global. The bank also offers a range of digital banking services such as mobile banking, internet banking, and UPI payment services.
Share Price: ₹124.40 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹56,020.58Cr as of today
Revenue: ₹18,080.20Cr as on March 2024 (Q1 24)
Net Profit: ₹1,573.87Cr as on March 2024 (Q1 24)
Listing date: 07 May, 1997
| Organisation | Bank of India |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Bank of India
Former Bank of India Chairman Narayanan Vaghul Passes Away - 18 May, 2024
Narayanan Vaghul, former chairman of Bank of India and a Padma Bhushan awardee, passed away at the age of 88 in Chennai. He was known for his contributions to the Indian banking sector.
Bank of India Stock Falls for Fourth Consecutive Session - 14 May, 2024
Bank of India's stock has fallen by 14.56% in four trading sessions despite reporting a 7% rise in net profit during Q4 FY24 and seeing a decrease in gross NPA ratio. Analysts remain mixed on the counter with support at Rs 116-115 and resistance at Rs 131-136.
Bank of India Shares Plunge on Weak Margins and Elevated Slippages - 13 May, 2024
Bank of India's Q4FY24 results show a 7% YoY rise in net profit to Rs 1,439 crore, but the bank's margins contracted by 23 basis points YoY, causing its stock to plunge over 10%. The bank also saw elevated slippages quarter-on-quarter (QoQ) and higher credit costs, leading to an underweight rating from Morgan Stanley. However, asset quality improved, with gross NPA falling to 4.98% in Q4FY24.
Bank of India Reports Rise in Net Profit - 10 May, 2024
Bank of India reported a 7% rise in net profit to Rs 1,439 crore in the fourth quarter of FY23-24. Sharekhan expects BOI to report a 61.1% YoY rise in profit at Rs 2,175 crore. The bank's gross non-performing asset (NPA) ratio stood at 4.98%.
Bank of India Stock Recommended for Purchase - 30 Apr, 2024
Analyst Ruchit Jain recommends buying Bank of India as the Nifty PSU Bank Index hits a new record high, indicating an uptrend in the sector. The stock has broken out from a falling trendline resistance and shows positive momentum. Short-term traders can buy at ₹155-152 with a target of ₹170 and stop loss below ₹147.
Bank of India Stock Down for Fifth Straight Session - 19 Apr, 2024
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.
Fundamentals of Bank of India
Insights on Bank of India
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 16.52K Cr → 18.08K Cr (in ₹), with an average increase of 8.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 4.26% to 4.83% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, BANKINDIA has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 4.31% to 4.52% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.38% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, State Bank of India has given 114.0% return, outperforming this stock by 49.1%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 7.66% to 6.28% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, BANKINDIA stock has moved down by -10.7%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 1.93K Cr → 1.57K Cr (in ₹), with an average decrease of 18.5% per quarter
Bank of India Valuation
Bank of India in the last 5 years
Lowest (-19.05x)
February 18, 2021
Today (7.93x)
May 17, 2024
Industry (20.68x)
May 17, 2024
Highest (26.59x)
January 2, 2020
Shareholding Pattern
| 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
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Bank of India shares.
Bank of India (BANKINDIA) share price today is ₹124.4
Bank of India is listed on NSE
Bank of India is listed on BSE
- Today’s highest price of Bank of India is ₹124.6.
- Today’s lowest price of Bank of India is ₹123.6.
PE Ratio of Bank of India is 7.93
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 14.68L.
Today’s market capitalisation of Bank of India(BANKINDIA) is ₹56020.58Cr.
| Bank of India(BANKINDIA | Price |
|---|---|
52 Week High | ₹157.95 |
52 Week Low | ₹69.5 |
Bank of India(BANKINDIA) share price is ₹124.4. It is down -21.24% from its 52 Week High price of ₹157.95
Bank of India(BANKINDIA) share price is ₹124.4. It is up 78.99% from its 52 Week Low price of ₹69.5
| Bank of India(BANKINDIA | Returns |
|---|---|
1 Day Returns | 1.35% |
1 Month Returns | -10.7% |
3 Month Returns | -13.83% |
1 Year Returns | 61.17% |