Bank of India gains for third consecutive session

2 Mar 2022 , 01:05 PM

Bank of India gained for a third straight session today. The stock is quoting at Rs 47.35, up 1.07% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.8% on the day, quoting at 16490.9. The Sensex is at 55087.9, down 2.06%. Bank of India has slipped around 18.99% in last one month.

Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has slipped around 14.56% in last one month and is currently quoting at 2667.6, down 2.29% on the day. The volume in the stock stood at 30.05 lakh shares today, compared to the daily average of 83.94 lakh shares in last one month.

The PE of the stock is 6.3 based on TTM earnings ending December 21.

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