NIFTY 23907.25 BANK 51135.40

Bank of India
Share Price Target & Analysis

NSE:BANKINDIA

102.73

VWAP

102.6

Open

101.52

Close

103.6

High

101.8

Low

157.95

52 Week High

103.06 ⇧
1.54 (1.52%)

BANKINDIA

(FINANCIAL SERVICES)
11.4% Momentum

Turnaround Potential

96

52 Week Low

16.21

EPS

10.61

PE

0.76

PB

Deluxe
Quality

Steel
Valuation

#Analysis

NSE: BANKINDIA Share Price Financial Analysis & Valuation

Bank of India (BANKINDIA) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Public Sector vertical. It is one of Mid Cap company with Market Capitalization of Rs 22631.2 (in Cr). Total number of free float shares are 174.4 (in Lacs). Bank of India is listed on NSE with Exchange ID - INE084A01016 and trading code is NSE:BANKINDIA with short name Bank of India.

Bank of India is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

In the past 1 year, Bank of India has declared an equity dividend of Rs 2.8 per share. At the current share price of BANKINDIA at Rs 103.06, this results in a dividend yield of 2.72 %.

As per the Fundamental Analysis of NSE:BANKINDIA, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BANKINDIA underlying value and future prospects. All of this data is available in BANKINDIA financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BANKINDIA, it is clearly understood that BANKINDIA is Deluxe performer in terms of earnings and profit margins with an EPS of 16.21. NSE:BANKINDIA book value per share as of today is 136.32. The current price to book ratio for BANKINDIA as of Nov 23, 2024 is 0.76.

Valuation of the Stock: The current valuation of BANKINDIA stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BANKINDIA whether to BUY this stock at current valuation. The delivery percentage of BANKINDIA is 33.75% is very crucial parameter which shows that 33.75% investors are anticipating that the price of BANKINDIA share should go up with VWAP at 102.73.

Now, the main question is whether to BUY or SELL, NSE:BANKINDIA at current valuation.
As per latest Analysis No. #1401:-

⇑ STRONG BUY BANKINDIA if All Greens

⇗ BUY BANKINDIA (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD BANKINDIA (With Stop Loss) if only 1 Green

⇘ SELL BANKINDIA if NO Green Indicator

NSE: BANKINDIA Share Price Today (Nov 23, 2024)

(Bank of India Daily Analysis on the basis of BANKINDIA Intraday Graph & Trend)

Bank of India share price moved Up by 1.52% from its previous close of Rs 101.52. BANKINDIA stock last traded price is 103.06. BANKINDIA share price trend is Up with a total of 4954760 stocks traded till now. It has touched an intraday high of Rs 103.6 and an intraday low of Rs 101.8. The BANKINDIA trading at 103.06, Up by Rs. 1.54, or 1.52 percent which suggests that most of the Traders are anticipating that the price of BANKINDIA share should go Up.

NSE: BANKINDIA Share Price Tomorrow Prediction

(Bank of India Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BANKINDIA)

Bank of India share price moved Up by 1.52%. BANKINDIA share price short term trend is Up. It suggests that BANKINDIA Share Price for Tomorrow remains the same with VWAP at 102.73 will be treated as stop loss for intraday traders. Bank of India Long term investors can follow the BANKINDIA long term trend as mentiond in future forecast table.

NSE Code

NSE: BANKINDIA

BANKINDIA Share Price Today

 103.06

BANKINDIA Share Price Target Prediction for 2024 ^

 100.6 - 133.3

BANKINDIA Share Price Target Prediction for 2025*^

 133.3 - 166.4

BANKINDIA Share Price Target Prediction for 2026*^

 166.4 - 178.3

BANKINDIA Share Price Target Prediction for 2027*^

 187

BANKINDIA Share Price Target Prediction for 2028*^

 193

BANKINDIA Share Price Target Prediction for 2030*^

 210
BANKINDIA Current Book Value 2023
135.6

*Bank of India Short Term & Long Term share price target is based on current financial year earings of the company.
^BANKINDIA share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

BANKINDIA Technical Analysis

Candlestick Pattern: @104.3

BANKINDIA Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 108.31 SELL 107.2 SELL
MA_12 108.92 SELL 107.77 SELL
MA_20 105.98 SELL 107.5 SELL
MA_32 106.37 SELL 107.94 SELL
MA_50 108.24 SELL 109.22 SELL
MA_100 113.49 SELL 112.69 SELL
MA_200 124.91 SELL 115.88 SELL

BANKINDIA Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 105.98 Downtrend
MACD 0.05 BUY
ADX 27.78 Strong Trend
DMI (+/-) 19.86 / 27.67 Downtrend

BANKINDIA Momentum Oscillators

BUY (0) NEUTRAL (6) SELL (6)
Momentum Oscillators Value Action
RSI 42.76 Neutral
STOCHASTIC_K (Fast) 0.22 Oversold
STOCHASTIC_D (Slow) 8.73 Oversold
CCI -64.5 Neutral
PSAR 114.79 SELL
TRUE RANGE 3.1 Neutral
ATR 3.53 Neutral
WILLIAMS R -58.15 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.53 SELL

BANKINDIA Last 1 Year Trend

Duration Value
1 Year 0.14%
3 Months -9.88%
1 Month -0.51%
1 Week -7.76%

BANKINDIA Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 20%
SELL 73%

Most popular Questions & Answers about BANKINDIA


Bank of India stock last traded price is 103.06. BANKINDIA share price moved Up by 1.52% from its previous close of Rs 101.52.

Bank of India share price trend is Up with a total of 4954760 stocks traded till now. It has touched an intraday high of Rs 156.76225 and an intraday low of Rs 101.8. The BANKINDIA trading at 103.06, Up by Rs. 1.54, or 1.52 percent which suggests that most of the Traders are anticipating that the price of BANKINDIA share should go Up and the Stop Loss will be around 102.73.

The market cap of Bank of India is ₹22631.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Bank of India as of Nov 22, 2024 is 10.61.

The current price to book ratio for Bank of India as of Nov 22, 2024 is 0.76.

The highest price of Bank of India stock is ₹157.95 in the last 52-week.

The lowest price of Bank of India stock is ₹96 in the last 52-week.

Bank of India share trading at ₹103.06, Up by Rs. 1.54, or 1.52 percent which suggests that most of the traders are anticipating that the price of BANKINDIA share should go Up.

In 2023, Stock price target for Bank of India (BANKINDIA) are ₹100.6 on downside and ₹133.3 on upside. Bank of India share price target is based on current financial year earings of the company.

In 2024, Stock price target for Bank of India (BANKINDIA) are ₹133.3 on downside and ₹166.4 on upside. Bank of India share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Bank of India (BANKINDIA) are ₹166.4 on downside and ₹178.3 on upside. Bank of India share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Bank of India (BANKINDIA) will be around ₹193 Bank of India share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BANKINDIA.

The price of Bank of India (BANKINDIA) shares moved by 1.52%. The short-term trend for BANKINDIA share price is Up. It implies that the share price of BANKINDIA will stay the same tomorrow and that intraday traders should treat VWAP at 102.73 as a stop loss. Investors with a long-term outlook can track BANKINDIA long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of BANKINDIA stock is 194.4. Compared to the current market price of 103.06 INR, the BANKINDIA stock is Undervalued by 47%.

As per the fundamental analysis of Bank of India (BANKINDIA), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 16.21. Bank of India book value per share as of today is 136.32. The current price to book ratio for BANKINDIA as of Nov 23, 2024 is 0.76.


NSE:BANKINDIA News & Other Useful Information about BANKINDIA Share Price


Peer Comparison of NSE: BANKINDIA

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Banks - Public Sector

Company Price EPS BV
SBIN 814.55 73.09 391.83
BANKBARODA 235.90 37.05 217.01
PNB 99.99 11.13 85.5
CANBK 97.01 16.9 95.86
IOB 50.25 1.56 13.34
UNIONBANK 115.04 20.04 127.03
BANKINDIA 103.06 16.21 136.32
CENTRALBK 52.32 3.82 32.33
INDIANB 531.60 70.35 389.12
UCOBANK 41.87 1.83 20.37
Updated at: 22 Nov 2024 15:30

Feel free to contact us, in case of any queries.

SITEMAP 2659
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |