Bank Of India Hits New 52-Week High at Rs 160.5

Stock Performance and Market Context

On 19 Jan 2026, Bank Of India’s shares touched an intraday high of Rs.160.5, representing a 2% increase on the day and marking the highest price level in the past year. The stock outperformed its sector by 1.63% and has recorded gains for four consecutive trading days, delivering a cumulative return of 9.46% during this period. This upward trajectory has positioned the stock well above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained buying interest and positive technical momentum.

In contrast, the broader market has faced headwinds. The Sensex opened flat but declined by 430.24 points (-0.61%) to close at 83,064.25, remaining 3.73% below its own 52-week high of 86,159.02. The index has experienced a three-week consecutive fall, losing 3.15% over this span and currently trades below its 50-day moving average, though the 50DMA remains above the 200DMA, indicating mixed technical signals. Against this backdrop, Bank Of India’s outperformance is particularly notable.

Long-Term Returns and Valuation Metrics

Over the last twelve months, Bank Of India has delivered a remarkable 59.43% return, significantly outpacing the Sensex’s 8.32% gain over the same period. The stock’s 52-week low stands at Rs.92.74, highlighting the extent of its recovery and growth. This performance is supported by strong fundamentals, including a compound annual growth rate (CAGR) of 46.49% in net profits, reflecting consistent earnings expansion.

The company’s price-to-book value ratio is 0.9, indicating an attractive valuation relative to its peers and historical averages. The return on assets (ROA) stands at 0.9%, underscoring efficient utilisation of assets to generate profits. The price-to-earnings-to-growth (PEG) ratio is notably low at 0.2, suggesting the stock is trading at a favourable multiple given its earnings growth trajectory.

Financial Strength and Profitability

Bank Of India’s financial health is reflected in its low gross non-performing asset (NPA) ratio of 2.54%, the lowest recorded in recent quarters. This metric highlights the bank’s prudent lending practices and effective risk management. The company has reported positive results for 17 consecutive quarters, demonstrating consistent profitability and operational stability.

For the nine months ended recently, the bank posted a profit after tax (PAT) of Rs.7,432.60 crore, representing a growth of 34.76% year-on-year. Interest earned during the quarter reached a record high of Rs.18,406.09 crore, further supporting the bank’s revenue base. Institutional holdings remain robust at 21%, with a 1.13% increase over the previous quarter, signalling confidence from well-resourced investors with deep fundamental analysis capabilities.

Market Position and Ratings

Bank Of India is classified within the Public Sector Bank industry and sector, holding a mid-cap status. It has earned a Mojo Score of 78.0 and currently holds a Mojo Grade of Buy, following a downgrade from Strong Buy on 23 Oct 2025. The market capitalisation grade is 2, reflecting its standing among peers. The stock ranks 13th among mid-cap companies and 38th across the entire market according to MarketsMojo’s comprehensive ratings, placing it in the top 1% of over 4,000 stocks analysed.

Technical Momentum and Moving Averages

The stock’s price action is supported by its position above all major moving averages, a technical indicator often associated with sustained upward momentum. This contrasts with the broader Sensex, which is trading below its 50-day moving average. The sustained gains over the past four sessions, culminating in the new 52-week high, reflect strong buying interest and positive market sentiment towards the bank’s shares.

Comparative Performance and Market Impact

Bank Of India’s performance over the past year has been market-beating, with returns of 59.43% compared to the Sensex’s 8.32%. The stock has also outperformed the BSE500 index over one year, three months, and three years, underscoring its consistent ability to generate superior returns. This outperformance is underpinned by strong profit growth, with net profits rising at an annual rate of 46.49% and a PAT growth of 34.7% over the past year.

The stock’s resilience and upward momentum are particularly significant given the broader market’s recent weakness. While the Sensex has declined over the past three weeks, Bank Of India has maintained a positive trajectory, reflecting its robust fundamentals and investor confidence in its business model.

Summary of Key Metrics

To summarise, Bank Of India’s key financial and market metrics include:

• New 52-week high price: Rs.160.5


• Consecutive gains over 4 days with 9.46% returns


• Gross NPA ratio: 2.54%


• PAT (9 months): Rs.7,432.60 crore, up 34.76%


• Interest earned (quarterly): Rs.18,406.09 crore (highest recorded)


• ROA: 0.9%


• Price to Book Value: 0.9


• PEG ratio: 0.2


• Institutional holdings: 21%, increased by 1.13% QoQ


• Mojo Score: 78.0, Mojo Grade: Buy (downgraded from Strong Buy on 23 Oct 2025)


• Market Cap Grade: 2

These figures collectively illustrate the bank’s strong financial position, attractive valuation, and sustained market momentum, culminating in the recent 52-week high milestone.

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