Bank of India 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 ₹129.2
Source: S&P Global Market Intelligence
Bank of India Share analysis
Bank of India price forecast by 5 analysts
Upside of21.26%
High
₹145
Target
₹129.20
Low
₹110
Bank of India target price ₹129.2, a slight upside of 21.26% compared to current price of ₹103.03. 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, FY2026:28.36%
Forecast
Actual
Source: S&P Global Market Intelligence
Bank of India Performance
Day's Low
Day's High
₹102.7Day's Price Range₹107.1552 Week's Low
52 Week's High
₹9652-Week Price Range₹157.95
| Returns % | |
| 1 Month Return | + 4.95 % |
| 3 Month Return | -5.2 % |
| 1 Year Return | -2.69 % |
| Market Stats | |
| Previous Close | ₹106.55 |
| Open | ₹106.55 |
| Volume | 70.41L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹49,146.05Cr |
Bank of India Key Statistics
| P/E Ratio | 6.08 |
| PEG Ratio | 1.39 |
| Market Cap | ₹49,146.05 Cr |
| P/B Ratio | 1.01 |
| EPS | 14.42 |
| Dividend Yield | 2.04 |
| Sector | Banks |
| ROE | 11.07 |
Bank of India Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹49,146.05 Cr | 10.62% | NA | ₹6,564 Cr | ₹67,488 Cr | |
| BUY | ₹93,600.05 Cr | 25.54% | NA | ₹15,278 Cr | ₹1,39,164 Cr | |
| BUY | ₹93,794.11 Cr | 21.4% | NA | ₹13,797 Cr | ₹1,18,188 Cr | |
| HOLD | ₹1,18,411.79 Cr | 12.53% | NA | ₹9,107 Cr | ₹1,23,222 Cr | |
| BUY | ₹74,810.38 Cr | 85.69% | NA | ₹8,419 Cr | ₹64,231 Cr |
About Bank of India
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: ₹103.03 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹49,146.05Cr 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
| Organisation | Bank of India |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Bank of India
Bank of India Shows Bullish Breakout Potential - 06 Dec, 2024
Bank of India has demonstrated a bullish trend with a breakout above Rs115, supported by strong volume and upward-moving averages, targeting Rs125 and Rs130.Bank of India Shows Positive Momentum and Breakout - 05 Dec, 2024
Bank of India is experiencing upward momentum, rising 1.12% to Rs 119.2, with a breakout above Rs 115 indicating potential targets of Rs 125 and Rs 130.Bank of India Plans Additional Rs 5,000 Crore Bond - 04 Dec, 2024
Bank of India is looking to raise an additional Rs 5,000 crore through infrastructure bonds, following a successful Rs 10,000 crore issuance in previous tranches. The plan is currently under discussion, contingent on market conditions.Bank of India Plans Additional Rs 5,000 Crore Bond Issuance - 03 Dec, 2024
Bank of India is considering raising an additional Rs 5,000 crore through infrastructure bonds, following successful previous issuances totaling Rs 10,000 crore. The plan is under discussion, pending board approval and market conditions.Bank of India Raises Rs 5,000 Crore in Bonds - 28 Nov, 2024
Bank of India successfully raised Rs 5,000 crore through a 10-year infrastructure bond issuance, offering a competitive coupon rate of 7.41%. This move strengthens the bank's capital position.Bank of India Successfully Raises ₹5,000 Crore - 27 Nov, 2024
Bank of India successfully raised ₹5,000 crore through a 10-year infrastructure bond issuance at a 7.41% coupon rate, receiving overwhelming demand. Shares rose 3.5% following the announcement.Bank of India Plans Rs 5,000 Crore Bond Issuance - 26 Nov, 2024
Bank of India intends to raise Rs 5,000 crore through the issuance of 10-year infrastructure bonds, with a base issue size of Rs 2,000 crore and a greenshoe option of Rs 3,000 crore. This follows a similar bond issuance in July at a 7.54% coupon rate.Bank of India to Raise Funds via Bonds - 25 Nov, 2024
Bank of India intends to raise Rs 5,000 crore through the issuance of 10-year infrastructure bonds this week, as reported.Bank of India Plans Major Fundraising Initiatives - 24 Nov, 2024
Bank of India intends to raise Rs 5,000 crore through 10-year infrastructure bonds, with a base issue of Rs 2,000 crore and a greenshoe option of Rs 3,000 crore. Additionally, the bank plans to borrow Rs 2,500 crore in the next quarter via additional tier-I bonds to enhance its capital base.Bank of India Plans Rs 5,000 Crore Bond Issue - 23 Nov, 2024
Bank of India is set to raise Rs 5,000 crore through 10-year infrastructure bonds next week, with a total approved amount of Rs 10,000 crore for 2024-25. The bank aims to fund infrastructure projects amid a strong credit pipeline.Bank of India Plans Rs 5,000 Crore Infrastructure Bonds - 22 Nov, 2024
Bank of India aims to raise up to Rs 5,000 crore through 10-year infrastructure bonds, with bidding expected on November 27. The bonds are rated AA+ and anticipated to be issued at a rate of 7.34-7.38%. This follows a successful Rs 5,000 crore issuance in July. The bank has a robust infrastructure loan pipeline of nearly Rs 15,000 crore.Bank of India Stock Declines Amid Wealth Management Plans - 17 Nov, 2024
Bank of India stock has declined 33.99% from its 52-week high, while the bank plans to launch a wealth management business by March 2026, focusing on high net-worth individuals.Bank of India Reports Strong Corporate Loan Growth - 16 Nov, 2024
Bank of India reported a 9.16% growth in its corporate credit book for the September quarter, with expectations for double-digit growth in the coming months. The bank's net profit surged 63% year-on-year, although the slippage ratio increased slightly.Bank of India Maintains Buy Rating with Revised Target - 14 Nov, 2024
Sharekhan recommends a 'BUY' on Bank of India with a target price of Rs 130. Despite weak core operational performance and higher slippages, earnings beat expectations due to increased other income and lower tax expenses. The stock is considered undervalued but is ranked lower among PSU banks due to performance volatility.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.
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 3 quarters, 1.57K Cr → 2.42K Cr (in ₹), with an average increase of 19.3% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 16.52K Cr → 19.99K Cr (in ₹), with an average increase of 6.1% 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
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 73.38% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, ICICI Bank Ltd has given 29.4% return, outperforming this stock by 34.2%
NEGATIVE IMPACTPrice Dip
In the last 7 days, BANKINDIA stock has moved down by -4.5%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 3.61% to 3.21% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 7.55% to 7.14% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 4.93% to 4.70% in Sep 2024 quarter
Bank of India Financials
Index Inclusions
Bank of India Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.38% | 0.00 | |
| Foreign Institutions | 3.21% | ||
| Mutual Funds | 4.7% | ||
| Retail Investors | 7.14% | ||
| Others | 11.56% | 9.86 |
Bank of India Key Indicators
Bank of India Valuation
Bank of India in the last 5 years
Lowest (-19.05x)
February 18, 2021
Today (6.08x)
December 19, 2024
Industry (15.85x)
December 19, 2024
Highest (26.59x)
January 2, 2020
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 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 2.72%.
Read More about Dividends
Bank of India Technicals Summary
Bearish
Neutral
Bullish
Bank of India is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Bank of India
- 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 ₹103.03
Bank of India is listed on NSE
Bank of India is listed on BSE
- Today’s highest price of Bank of India is ₹107.15.
- Today’s lowest price of Bank of India is ₹102.7.
PE Ratio of Bank of India is 6.08
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 70.41L.
Today’s market capitalisation of Bank of India(BANKINDIA) is ₹49146.05Cr.
| Bank of India(BANKINDIA | Price |
|---|---|
52 Week High | ₹157.95 |
52 Week Low | ₹96 |
Bank of India(BANKINDIA) share price is ₹103.03. It is down -34.77% from its 52 Week High price of ₹157.95
Bank of India(BANKINDIA) share price is ₹103.03. It is up 7.32% from its 52 Week Low price of ₹96
| Bank of India(BANKINDIA | Returns |
|---|---|
1 Day Returns | -3.52% |
1 Month Returns | 4.95% |
3 Month Returns | -5.2% |
1 Year Returns | -2.69% |