Analyst Rating
based on 5 analysts
40.00%
Buy
40.00%
Hold
20.00%
Sell
Based on 5 analysts offering long term price targets for Bank of India. An average target of ₹144.6
Source: S&P Global Market Intelligence
Bank of India Share analysis
Bank of India price forecast by 5 analysts
Upside of28.79%
High
₹170
Target
₹144.60
Low
₹110
Bank of India target price ₹144.6, a slight upside of 28.79% compared to current price of ₹110.76. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Bank of India revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Bank of India EPS growth forecast
EPS estimate Q1, FY2026:37.73%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹110.5₹112.4252 Week's Low
52 Week's High
₹86.4₹157.95
| Returns % | |
| 1 Month Return | -4.3 % |
| 3 Month Return | -8.13 % |
| 1 Year Return | + 2.35 % |
| Market Stats | |
| Previous Close | ₹112.28 |
| Open | ₹112.39 |
| Volume | 31.49L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹51,117.35Cr |
Key Statistics
| P/E Ratio | 7.08 |
| PEG Ratio | 1.65 |
| Market Cap | ₹51,117.35 Cr |
| P/B Ratio | 1.01 |
| EPS | 14.42 |
| Dividend Yield | 2.04 |
| Sector | Banks |
| ROE | 11.07 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹51,117.35 Cr | 14.57% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹95,731.65 Cr | 33.86% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| BUY | ₹94,755.95 Cr | 23.71% | NA | ₹13,797 Cr | ₹1,18,188 Cr | |
| HOLD | ₹1,18,952.00 Cr | 14.32% | NA | ₹9,107 Cr | ₹1,23,222 Cr | |
| BUY | ₹70,008.45 Cr | 45.34% | NA | ₹8,419 Cr | ₹64,231 Cr |
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: ₹110.76 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹51,117.35Cr as of today
Revenue: ₹18,383.65Cr as on June 2024 (Q2 24)
Net Profit: ₹1,888.28Cr as on June 2024 (Q2 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
Bank of India Sets Ambitious Growth Target - 17 Sep, 2024
Bank of India aims to achieve Rs 18 lakh crore in business over the next three years, with significant growth in deposits and advances reported as of July 30.
Bank of India Revises FD Rates and Launches New Tenure - 05 Sep, 2024
Bank of India has updated its fixed deposit interest rates, effective September 1, 2024, offering rates from 3% to 7.25% for general citizens. Senior citizens can earn up to 7.75%, while super senior citizens can earn up to 7.90%. A new 333-day fixed deposit, Star Dhan Vriddhi, has been introduced with competitive rates.
Bank of India Revises FD Rates Amid Downgrade - 04 Sep, 2024
Bank of India has revised its fixed deposit interest rates, introducing a new 333-day tenure. However, Morgan Stanley downgraded the bank's shares to Underweight, reducing the price target to Rs. 110.
Bank of India Introduces New Fixed Deposit Scheme - 03 Sep, 2024
Bank of India has launched the Star Dhan Vriddhi fixed deposit scheme, offering attractive interest rates of up to 7.90% for super senior citizens, effective from September 1, 2024.
Bank of India Flexi Cap Fund Shows Strong Returns - 02 Sep, 2024
The Bank of India Flexi Cap Fund has reported impressive returns, with a 3-year return of 26.66% and a remarkable 1-year return of 63.90%. The fund's net assets total Rs 1,700.33 crore, with an expense ratio of 2.04%, reflecting solid performance as of August 21, 2024.
Nationwide Bank Strike Affects Services - 28 Aug, 2024
A nationwide strike on August 28, 2024, disrupts banking services as employees protest against the charge-sheeting of 13 office bearers of the Bank of India Staff Union-Kerala under political pressure.
Bank of India Continues Upward Trend - 22 Aug, 2024
Bank of India has gained for the fifth consecutive session, trading at Rs 120.12, up 0.57% on the day. The stock has risen 34.14% over the past year, outperforming the NIFTY and Nifty PSU Bank indices. The stock's PE ratio stands at 8.4 based on TTM earnings as of June 24.
Nationwide Bank Strike Called Against Bank of India - 21 Aug, 2024
The All India Bank Employees Association has announced a nationwide strike on August 28 in response to Bank of India's charge-sheeting of union officials, potentially disrupting banking operations.
Bank of India Seizes Deposit Mobilization Opportunity - 19 Aug, 2024
Bank of India is capitalizing on the closure of state accounts with SBI and PNB in Karnataka, aiming to boost deposit mobilization. The bank reported a 9.91% year-on-year growth in domestic deposits for Q1, totaling Rs 6.48 lakh crore.
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 IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 1.57K Cr → 1.88K Cr (in ₹), with an average increase of 16.7% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, BANKINDIA has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 16.52K Cr → 18.38K Cr (in ₹), with an average increase of 5.1% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 4.83% to 4.93% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 6.28% to 7.55% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 29.6% return, outperforming this stock by 27.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 73.38% of holdings in Jun 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 6 months, BANKINDIA stock has moved down by -15.6%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 4.52% to 3.61% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.38% | 0.00 | |
| Foreign Institutions | 3.61% | ||
| Mutual Funds | 4.93% | 1.97 | |
| Retail Investors | 7.55% | 20.34 | |
| Others | 10.53% |
Key Indicators
Bank of India Valuation
Bank of India in the last 5 years
Lowest (-19.05x)
February 18, 2021
Today (7.08x)
September 17, 2024
Industry (15.76x)
September 17, 2024
Highest (26.59x)
January 2, 2020
Earnings and Dividends
Bank of India Earnings Results
Bank of India’s net profit jumped 20.92% since last year same period to ₹1,888.28Cr in the Q1 2024-2025. On a quarterly growth basis, Bank of India has generated 19.98% jump in its net profits since last 3-months.
Read More about Earnings ResultsBank of India Dividends May,2024
In the quarter ending March 2024, Bank of India has declared dividend of ₹2.80 - translating a dividend yield of 2.49%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Bank of India is currently in a Bearish trading position according to technical analysis indicators.
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Bank of India (BANKINDIA) share price today is ₹110.76
Bank of India is listed on NSE
Bank of India is listed on BSE
- Today’s highest price of Bank of India is ₹112.42.
- Today’s lowest price of Bank of India is ₹110.5.
PE Ratio of Bank of India is 7.08
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 31.49L.
Today’s market capitalisation of Bank of India(BANKINDIA) is ₹51117.35Cr.
| Bank of India(BANKINDIA | Price |
|---|---|
52 Week High | ₹157.95 |
52 Week Low | ₹86.4 |
Bank of India(BANKINDIA) share price is ₹110.76. It is down -29.88% from its 52 Week High price of ₹157.95
Bank of India(BANKINDIA) share price is ₹110.76. It is up 28.19% from its 52 Week Low price of ₹86.4
| Bank of India(BANKINDIA | Returns |
|---|---|
1 Day Returns | -1.52% |
1 Month Returns | -4.3% |
3 Month Returns | -8.13% |
1 Year Returns | 2.35% |