Bank Of India Stock

At 10:23 AM on Monday, the Nifty PSU Bank index was top gainer among sectoral indices, up 2 per cent, as compared to 0.44 per cent rise in the Nifty 50.

PSU Bank stocks slide: Bank of India, Bank of Maharashtra, Union Bank of India, Canara Bank, Punjab National Bank and Bank of Baroda declined 2-4% in Monday's trading session.

Muthuselvaraj M of Mirae Asset Sharekhan expects the short-term bias to remain sideways but sees positive prospects for Bank of India, UCO Bank and IOB among others from a medium-term perspective.

Midcap bank stocks - Yes Bank, IndusInd Bank and Bank of India are trading up to 50-94% away from their respective all-time highs even as the Nifty Midcap quotes at new peaks, shows data.

Broad-based buying across PSU bank stocks lifted the Nifty PSU Bank index, with analysts attributing the rally to improving fundamentals, attractive valuations, and expectations of healthy Q1 earnings

Rohan Shah, technical analyst at Asit C. Mehta Investment Interrmediates reckons that share prices of Canara Bank, Bank of India and Union Bank of India can appreciate by up to 16 per cent from here.

Thus far in the month of April, the Nifty PSU Bank index has outperformed the market by soaring 15 per cent, as compared to 9.6 per cent rise in the Nifty 50.

At 09:32 AM on Monday, the Nifty PSU Bank index was the top loser among sectoral indices, down 5.4 per cent as compared to 2.8 per cent decline in the Nifty 50.

BOI's management guidance of stronger loan growth in the coming quarters, aided by a healthy disbursement pipeline and improving retail-to-corporate mix, remains a key positive, say analysts.

Drumil Vithlani, technical analyst at Bonanza is bullish on Canara Bank, Union Bank of India and Bank of India, and expects up to 27 per cent upside on these 3 PSU Bank shares from here.

The stock price of Bank of India hit an intra-day high of ₹163.25 on the BSE, and has rallied 37 per cent in the past four months.

As of 10:45 AM, the Nifty PSU Bank index was up 1 per cent, as compared to a 0.16 per cent decline in the Nifty 50.

The bond issue was opened on December 10. The bank received a total of 68 bids and has accepted 29 of them.

Bank of India raised Rs 2,500 crore via 10-year tier II bonds at a 7.28 per cent cut-off with a call option after five years; HUDCO raised Rs 1,905 crore via seven-year bonds at 6.98 per cent

Bank of India's global business rose to ₹15.61 trillion, up 11.8 per cent Y-o-Y from ₹13.97 trillion in the same period last year

Systematix noted that PSBs witnessed a remarkable turnaround in FY25, reversing the decade-long decline in their advances market share

The public sector lender reported a 32.2 per cent year-on-year (Y-o-Y) rise in net profit levels during the quarter ended June 30, 2025, to ₹2,252 crore

NMDC stock price has been forming higher tops and higher bottoms on the daily chart.

Bank of India share jumped 5.79 per cent at Rs 104 a piece on the BSE in Monday's intraday trade. This came after the public sector bank reported robust growth in the third quarter of the financial ye

State-owned Bank of India (BoI) on Friday posted a 35 per cent jump in net profit to Rs 2,517 crore for the December quarter on account of a decline in bad loans. The Mumbai-headquartered bank had earned a net profit of Rs 1,870 crore in the year-ago period. The lenders' total income increased to Rs 19,957 crore during the third quarter of the ongoing fiscal against Rs 16,411 crore a year ago, BoI said in a regulatory filing. The interest income of the bank rose to Rs 18,210 crore against Rs 15,218 crore in the third quarter of the preceding year. Its net interest income (NII) increased to Rs 6,070 crore against Rs 5,463 crore for Q3 FY24. The company's operating profit rose to Rs 3,703 crore from Rs 3,004 crore in the year-ago quarter. On the asset quality front, the bank's gross non-performing assets (NPAs) declined to 3.69 per cent of the gross loans by the end of December 2024 from 5.35 per cent a year ago. Similarly, its net NPAs, or bad loans, came down to 0.85 per cent fr