Bank Of India Hits New 52-Week High at Rs.153.2 Mark

New Peak in Share Price

On 6 January 2026, Bank Of India’s stock reached an intraday high of Rs.153.2, marking its highest level in the past year. This milestone represents a significant appreciation from its 52-week low of Rs.90, underscoring a remarkable 70.2% increase over the period. The stock outperformed its sector by 0.85% on the day, closing with a 2.00% gain, and has been on a consistent upward trajectory for six consecutive trading sessions, delivering a cumulative return of 9.48% during this span.

Technical Strength and Moving Averages

Bank Of India’s price currently trades above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning signals strong market confidence and sustained buying interest. The stock’s ability to maintain levels above these averages often indicates a bullish trend, which has been evident in its recent performance.

Market Context and Comparative Performance

While the broader Sensex index opened lower by 108.48 points and traded at 85,137.20 (-0.35%), Bank Of India’s stock demonstrated resilience by advancing. The Sensex remains close to its own 52-week high of 86,159.02, just 1.2% away, and is trading above its 50-day moving average, which itself is positioned above the 200-day moving average, indicating an overall bullish market environment. Against this backdrop, Bank Of India’s 53.23% return over the past year significantly outpaces the Sensex’s 9.20% gain, highlighting the stock’s market-beating performance.

Fundamental Drivers Behind the Rally

Bank Of India’s recent price appreciation is underpinned by strong fundamental metrics. The bank has demonstrated consistent profitability growth, with net profits expanding at a compound annual growth rate (CAGR) of 46.49%. For the nine months ended recently, the bank reported a profit after tax (PAT) of Rs.7,432.60 crore, reflecting a year-on-year increase of 34.76%. Additionally, the bank’s interest earned for the quarter reached a record high of Rs.18,406.09 crore, signalling robust core income generation.

Asset Quality and Valuation Metrics

Asset quality remains a key strength for Bank Of India, with the gross non-performing assets (NPA) ratio at a low 2.54%, one of the best among its public sector peers. This low NPA ratio supports the bank’s stable earnings profile and reduces credit risk concerns. The bank’s return on assets (ROA) stands at 0.9%, indicating efficient utilisation of its asset base. Valuation-wise, the stock trades at a price-to-book value of 0.8, which is considered attractive relative to its historical averages and peer group valuations. The price-to-earnings-to-growth (PEG) ratio of 0.2 further highlights the stock’s favourable valuation in relation to its earnings growth.

Consistent Positive Results and Market Recognition

Bank Of India has delivered positive results for 17 consecutive quarters, reflecting operational consistency and financial discipline. The company is among the top 1% of all 4,000 stocks rated by MarketsMojo, with a Mojo Score of 78.0 and a current Mojo Grade of Buy, following a recent downgrade from Strong Buy on 23 October 2025. The bank ranks 13th among mid-cap companies and 45th across the entire market, underscoring its strong standing within the investment community.

Long-Term Market-Beating Returns

Over the last three years, Bank Of India has consistently outperformed the BSE500 index, delivering superior returns in both the near and long term. The stock’s 53.23% gain in the past year contrasts sharply with the Sensex’s 9.20% rise, highlighting its ability to generate alpha for shareholders. This performance is supported by the bank’s strong lending practices, prudent risk management, and steady growth in core earnings.

Shareholding and Market Capitalisation

The majority shareholding in Bank Of India is held by promoters, providing a stable ownership structure. The company’s market capitalisation grade is rated 2, reflecting its mid-cap status within the public sector banking industry. This classification aligns with its market position and growth trajectory.

Summary of Key Metrics

To summarise, Bank Of India’s stock has reached a significant milestone by hitting Rs.153.2, its highest price in 52 weeks. The stock’s strong performance is supported by:

• Consistent six-day consecutive gains with a 9.48% return


• Robust net profit growth at a CAGR of 46.49%


• Low gross NPA ratio of 2.54%


• Record quarterly interest earned of Rs.18,406.09 crore


• Attractive valuation metrics including a 0.8 price-to-book value and PEG ratio of 0.2


• Strong market recognition with a Mojo Score of 78.0 and a Buy grade

These factors collectively underpin the stock’s upward momentum and its ability to outperform both its sector and the broader market indices.

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