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Bank of India share price logo

Bank of India

(BANKINDIA)

₹105.330.56%

as on 09:17AM, 14 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Bank of India Analyst Rating

based on 5 analysts

HOLD

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 ₹143

Source: S&P Global Market Intelligence

Bank of India Share analysis

Bank of India price forecast by 5 analysts

Upside of36.53%

High

₹170

Target

₹143.00

Low

₹110

Bank of India target price ₹143, a slight upside of 36.53% compared to current price of ₹105.33. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Bank of India Performance

  • Day's Low

    Day's High

    ₹105.1
    ₹106.9
  • 52 Week's Low

    52 Week's High

    ₹96
    ₹157.95
1 Month Return+ 0.03 %
3 Month Return-8.76 %
1 Year Return-3.02 %
Previous Close₹104.74
Open₹105.26
Volume65.11L
Upper Circuit-
Lower Circuit-
Market Cap₹47,684.64Cr

Bank of India Key Statistics

P/E Ratio5.98
PEG Ratio1.36
Market Cap₹47,684.64 Cr
P/B Ratio1.01
EPS14.42
Dividend Yield2.04
SectorBanks
ROE11.07

Bank of India Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹47,684.64 Cr11.62%NA₹6,564 Cr₹67,488 Cr
BUY₹89,191.71 Cr29.14%NA₹15,278 Cr₹1,39,164 Cr
BUY₹88,290.28 Cr24.23%NA₹13,797 Cr₹1,18,188 Cr
HOLD₹1,15,573.04 Cr13.35%NA₹9,107 Cr₹1,23,222 Cr
BUY₹72,742.79 Cr74.33%NA₹8,419 Cr₹64,231 Cr

About Bank of India

Bank of India is an Indian commercial bank founded in 1906 and headquartered in Mumbai. It is one of the top public sector banks in India and is a part of the State Bank Group. The bank has a network of 4,967 branches and 6,541 ATMs in India, and a presence in 19 countries. It was incorporated on 7 September 1906 and involved in a variety of financial operations including corporate banking, retail banking, treasury operations, investment banking, and merchant banking.

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: ₹105.33 per share as on 14 Nov, 2024 09:17 AM
Market Capitalisation: ₹47,684.64Cr as of today
Revenue: ₹19,997.56Cr as on September 2024 (Q3 24)
Net Profit: ₹2,421.29Cr as on September 2024 (Q3 24)
Listing date: 30 Apr, 1997
OrganisationBank of India
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Bank of India

  • Bank of India Reports Strong Profit Amid Provisions - 12 Nov, 2024

    Bank of India announced a 63% increase in net profit to Rs 2,374 crore for Q2 2024, attributed to higher non-interest income. However, the bank faced increased provisions due to a loan default by MTNL, impacting its financials.

  • Bank of India Reports Strong Q2 Profit Growth - 11 Nov, 2024

    Bank of India announced a 63% increase in net profit to ₹2,374 crore for Q2FY25, supported by a 49% rise in non-interest income. However, slippages increased due to a telecom account defaulting, impacting overall asset quality.

  • Bank of India Introduces Doorstep Life Certificate Service - 08 Nov, 2024

    Bank of India announces a new service for senior customers, offering hassle-free doorstep life certificate issuance. The free submission period for annual life certificates is from November 1, 2024, to December 31, 2024.

  • Bank of India Revises MCLR Rates - 31 Oct, 2024

    Bank of India has revised its Marginal Cost of Fund based Lending Rates (MCLR) effective November 1, 2024. The new rates include Overnight MCLR at 8.15% and 1-Year MCLR at 9.00%.

  • Bank of India Enhances Digital Banking Services - 23 Oct, 2024

    Bank of India is revamping its mobile and internet banking services through the BOI Omni Neo app, developed in collaboration with Red Hat, to meet evolving customer needs and enhance competitiveness.

  • HDFC Securities Bullish on Bank of India Stock - 19 Oct, 2024

    HDFC Securities recommends Bank of India as a Diwali stock pick, targeting ₹132 with a 25% upside. The bank's strong performance in RAM lending and improving financial metrics position it for substantial growth.

  • Court Ruling Favors Pune Buildtech Against Bank of India - 14 Oct, 2024

    The Bombay High Court has ruled Bank of India's fraud declaration against Pune Buildtech Pvt Ltd as null and void, restoring the firm's access to institutional credit.

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.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 16.52K Cr → 19.99K Cr (in ₹), with an average increase of 6.1% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 1.57K Cr → 2.42K Cr (in ₹), with an average increase of 19.3% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, BANKINDIA has outperformed top 5 stocks with highest market-cap in Banks

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 42.2% return, outperforming this stock by 41.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.38% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.61% to 3.21% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, BANKINDIA stock has moved down by -12.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 7.55% to 7.14% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 4.93% to 4.70% in Sep 2024 quarter

Bank of India Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹16,779.41Cr (-)₹16,520.83Cr (↓1.54%)₹18,080.20Cr (↑9.44%)₹18,383.65Cr (↑1.68%)₹19,997.56Cr (↑8.78%)
Net Income₹1,498.55Cr (-)₹1,930.48Cr (↑28.82%)₹1,573.88Cr (↓18.47%)₹1,888.28Cr (↑19.98%)₹2,421.29Cr (↑28.23%)
Net Profit Margin8.93% (-)11.69% (↑30.91%)8.70% (↓25.58%)10.27% (↑18.05%)12.11% (↑17.92%)
Value in ₹ crore
Details2021202220232024
Total Assets₹7,27,994.42Cr (-)₹7,36,572.30Cr (↑1.18%)₹8,17,669.55Cr (↑11.01%)₹9,14,240.08Cr (↑11.81%)
Total Liabilities₹7,27,994.42Cr (-)₹7,36,572.30Cr (↑1.18%)₹8,17,669.55Cr (↑11.01%)₹9,14,240.08Cr (↑11.81%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹4,833.93Cr (-)₹38,063.06Cr (↓887.41%)-₹35,316.27Cr (↓192.78%)-₹5,799.42Cr (↓83.58%)-₹2,933.30Cr (↓49.42%)

Index Inclusions

Nifty Midcap 100

₹54,052.75

0.47 (251.9%)

S&P BSE PSU

₹19,072.54

-0.24 (-46.62%)

BSE 200

₹10,788.55

-1.62 (-178.08%)

S&P BSE 150 MidCap

₹15,177.75

-2.56 (-399.08%)

Nifty PSU Bank

₹6,574.50

0.56 (36.35%)

BSE Mid-Cap

₹44,107.98

-2.56 (-1160.44%)

S&P BSE 400 MidSmallCap

₹11,565.64

-2.64 (-313.86%)

S&P BSE Fin. Ser

₹11,162.27

0.43 (48.01%)

Nifty 200

₹13,201.95

-1.68 (-225.85%)

Nifty Midcap 150

₹20,010.75

-2.67 (-549.85%)

S&P BSE Enhanced Value

₹890.31

-0.01 (-0.13%)

Nifty LargeMidcap 250

₹15,237.75

-2.09 (-324.8%)

Nifty MidSmallcap 400

₹18,855.60

-2.81 (-545.85%)

BSE 500

₹34,533.58

-1.79 (-627.99%)

S&P BSE 250 LargeMidCap

₹10,227.52

-1.67 (-174.2%)

Nifty 500

₹21,914.95

-1.86 (-416.1%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Bank of India Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.38%
0.00
Foreign Institutions
3.21%
-10.93
Mutual Funds
4.7%
-4.70
Retail Investors
7.14%
-5.45
Others
11.56%
9.86

Bank of India Key Indicators

Details2021202220232024
Return On Equity %5.417.518.0211.07
Details20202021202220232024
Return On Assets %-0.460.290.470.470.72
Details20202021202220232024
Book Value Per Share (₹)118.08124.1120.7130.3139.91
Details20202021202220232024
Earning Per Share (₹)-9.316.358.59.3514.42

Bank of India Valuation

Bank of India in the last 5 years

  • Overview

  • Trends

Lowest (-19.05x)

February 18, 2021

Today (5.98x)

November 13, 2024

Industry (15.50x)

November 13, 2024

Highest (26.59x)

January 2, 2020

LowHigh

Bank of India Earnings and Dividends

  • Bank of India Earnings Results

    Bank of India’s net profit jumped 61.58% since last year same period to ₹2,421.29Cr in the Q2 2024-2025. On a quarterly growth basis, Bank of India has generated 28.23% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Bank 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 2.67%.

    Read More about Dividends

Bank of India Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bank of India is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Bank of India

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Bank of India (BANKINDIA) share price today is ₹105.33

Bank of India is listed on NSE

Bank of India is listed on BSE

  • Today’s highest price of Bank of India is ₹106.9.
  • Today’s lowest price of Bank of India is ₹105.1.

PE Ratio of Bank of India is 5.98

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 65.11L.

Today’s market capitalisation of Bank of India(BANKINDIA) is ₹47684.64Cr.

Bank of India(BANKINDIAPrice
52 Week High
₹157.95
52 Week Low
₹96

Bank of India(BANKINDIA) share price is ₹105.33. It is down -33.31% from its 52 Week High price of ₹157.95

Bank of India(BANKINDIA) share price is ₹105.33. It is up 9.72% from its 52 Week Low price of ₹96

Bank of India(BANKINDIAReturns
1 Day Returns
0.59%
1 Month Returns
0.03%
3 Month Returns
-8.76%
1 Year Returns
-3.02%