NIFTY 22200.55 BANK 47687.45

Bank of India
Share Price Target & Analysis

NSE:BANKINDIA

125.64

VWAP

124.10

Open

122.85

Close

128.10

High

123.75

Low

157.95

52 Week High

124.60 ⇧
1.75 (1.42%)

BANKINDIA

(FINANCIAL SERVICES)
62.3% Momentum

Sideways to Positive

69.50

52 Week Low

13.87

EPS

11.84

PE

0.96

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 per share. At the current share price of BANKINDIA at Rs 124.60, this results in a dividend yield of 1.61 %.

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 13.87. NSE:BANKINDIA book value per share as of today is 129.24. The current price to book ratio for BANKINDIA as of May 15, 2024 is 0.96.

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 51.33% is very crucial parameter which shows that 51.33% investors are anticipating that the price of BANKINDIA share should go up with VWAP at 125.64.

Now, the main question is whether to BUY or SELL, NSE:BANKINDIA at current valuation.
As per latest Analysis No. #1057:-

⇑ 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 (May 15, 2024)

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

Bank of India share price moved Up by 1.42% from its previous close of Rs 122.85. BANKINDIA stock last traded price is 124.60. BANKINDIA share price trend is Up with a total of 17075065 stocks traded till now. It has touched an intraday high of Rs 128.10 and an intraday low of Rs 123.75. The BANKINDIA trading at 124.60, Up by Rs. 1.75, or 1.42 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 1.42%. BANKINDIA share price short term trend is Up. It suggests that BANKINDIA Share Price for Tomorrow remains the same with VWAP at 125.64 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

 124.60

BANKINDIA Share Price Target Prediction for 2024 ^

 109.5 - 158.7

BANKINDIA Share Price Target Prediction for 2025*^

 158.7 - 169.1

BANKINDIA Share Price Target Prediction for 2026*^

 169.1 - 180.9

BANKINDIA Share Price Target Prediction for 2027*^

 190

BANKINDIA Share Price Target Prediction for 2028*^

 195

BANKINDIA Share Price Target Prediction for 2030*^

 213
BANKINDIA Current Book Value 2023
128.6

*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: @124.6

BANKINDIA Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 129.96 SELL 129.26 SELL
MA_12 141.66 SELL 136.66 SELL
MA_20 141.7 SELL 138.78 SELL
MA_32 141.41 SELL 139.66 SELL
MA_50 139.96 SELL 138.87 SELL
MA_100 137.42 SELL 134.35 SELL
MA_200 117.08 BUY 119.63 BUY

BANKINDIA Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 141.7 Downtrend
MACD -3.11 SELL
ADX 20.56 NO or Weak Trend
DMI (+/-) 14.75 / 33.38 Downtrend

BANKINDIA Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 31.96 Neutral
STOCHASTIC_K (Fast) 11.06 Oversold
STOCHASTIC_D (Slow) 9.49 Oversold
CCI -134.23 SELL
PSAR 150.07 SELL
TRUE RANGE 5.25 Neutral
ATR 6.3 Neutral
WILLIAMS R -91.5 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 19.56 Oversold
STOCHASTIC RSI D 6.52 Oversold
MOMENTUM -19 SELL

BANKINDIA Last 1 Year Trend

Duration Value
1 Year 59.23%
3 Months -9.28%
1 Month -13.23%
1 Week -12.38%

BANKINDIA Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 17%
SELL 77%

Most popular Questions & Answers about BANKINDIA


Bank of India stock last traded price is 124.60. BANKINDIA share price moved Up by 1.42% from its previous close of Rs 122.85.

Bank of India share price trend is Up with a total of 17075065 stocks traded till now. It has touched an intraday high of Rs 159.5295 and an intraday low of Rs 123.75. The BANKINDIA trading at 124.60, Up by Rs. 1.75, or 1.42 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 125.64.

The market cap of Bank of India is ₹22631.2 (in Cr) as of May 14, 2024.

The current price to earning ratio for Bank of India as of May 14, 2024 is 11.84.

The current price to book ratio for Bank of India as of May 14, 2024 is 0.96.

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 ₹69.50 in the last 52-week.

Bank of India share trading at ₹124.60, Up by Rs. 1.75, or 1.42 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 ₹109.5 on downside and ₹158.7 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 ₹158.7 on downside and ₹169.1 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 ₹169.1 on downside and ₹180.9 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 ₹195 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.

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 13.87. Bank of India book value per share as of today is 129.24. The current price to book ratio for BANKINDIA as of May 15, 2024 is 0.96.


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 820.30 68.44 404.42
BANKBARODA 263.90 34.4 224.33
PNB 124.15 7.49 90.5
CANBK 119.00 80.23 444.77
IOB 61.90 1.4 14.77
UNIONBANK 139.05 17.88 95.63
BANKINDIA 124.60 13.87 129.24
CENTRALBK 60.70 2.94 32.26
INDIANB 534.50 59.86 371.43
UCOBANK 52.80 1.38 20.59
Updated at: 15 May 2024 15:30

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