Bank of India rises for third consecutive session

3 Feb 2022 , 01:05 PM

Bank of India gained for a third straight session today. The stock is quoting at Rs 59.3, up 2.68% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.6% on the day, quoting at 17672.55. The Sensex is at 59169.4, down 0.65%. Bank of India has risen around 11.99% in last one month.

Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has risen around 18.18% in last one month and is currently quoting at 3066.1, up 0.86% on the day. The volume in the stock stood at 105.88 lakh shares today, compared to the daily average of 67.7 lakh shares in last one month.

The PE of the stock is 9.25 based on TTM earnings ending September 21.

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