Stock Performance and Market Context
On 23 Feb 2026, Bank Of India’s shares reached Rs.174.55, marking the highest price level in the past year. The stock has recorded a 2-day consecutive gain, delivering a cumulative return of 2.99% during this period. Today’s price movement saw a 1.28% increase, aligning closely with the broader public sector bank sector’s performance.
The stock is trading comfortably above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling strong technical momentum. This upward trajectory is notable against the backdrop of the Sensex, which climbed 442.41 points (0.65%) to close at 83,349.24, remaining 3.37% shy of its own 52-week high of 86,159.02.
Bank Of India’s 52-week low stands at Rs.92.74, highlighting a remarkable 71.43% appreciation over the last twelve months. This performance significantly outpaces the Sensex’s 10.67% gain over the same period, underscoring the stock’s market-beating returns.
Perfect timing to enter! This Small Cap from IT - Software just turned profitable with growth momentum clearly building up. Get in before the broader market notices!
- - New profitability achieved
- - Growth momentum building
- - Under-the-radar entry
Fundamental Strength Supporting the Rally
Bank Of India’s rally to a new 52-week high is underpinned by strong fundamental metrics. The bank boasts a low Gross Non-Performing Assets (NPA) ratio of 2.26%, reflecting prudent lending practices and asset quality management. This figure is among the lowest in the public sector banking segment, contributing to investor confidence in the stock’s quality.
Net profits have demonstrated a robust compound annual growth rate (CAGR) of 51.96%, indicating sustained profitability expansion over the long term. The bank has reported positive results for 18 consecutive quarters, showcasing consistent operational performance and earnings growth.
In the most recent quarter, interest earned reached a record high of Rs.18,927.13 crore, while profit before tax excluding other income stood at Rs.1,337.98 crore, marking a 45.5% increase compared to the previous four-quarter average. These figures highlight the bank’s ability to generate strong core income and improve profitability metrics.
Valuation and Institutional Backing
Bank Of India’s valuation remains attractive, with a price-to-book value of 0.9, suggesting the stock is trading at a fair level relative to its peers and historical averages. The return on assets (ROA) stands at 0.9%, reinforcing the bank’s efficient utilisation of its asset base to generate profits.
The company’s PEG ratio is 0.3, indicating that the stock’s price growth is well supported by earnings growth, a factor often favoured by value-oriented investors.
Institutional investors hold a significant 21% stake in Bank Of India, with their holdings increasing by 1.13% over the previous quarter. This rise in institutional ownership reflects confidence from investors with extensive analytical resources and a long-term perspective.
Market Recognition and Ratings
Bank Of India is rated as a Strong Buy by MarketsMojo, with a Mojo Score of 81.0, upgraded from a Buy rating on 2 Feb 2026. The stock ranks among the top 1% of all 4,000 stocks rated by MarketsMojo, positioned 6th among mid-cap companies and 24th across the entire market. This rating reflects the bank’s strong fundamentals, valuation appeal, and consistent financial performance.
Bank Of India caught your attention? Explore our comprehensive research report with in-depth analysis of this mid-cap Public Sector Bank stock – fundamentals, valuations, financials, and technical outlook!
- - Comprehensive research report
- - In-depth mid-cap analysis
- - Valuation assessment included
Long-Term and Recent Performance Highlights
Over the past year, Bank Of India has delivered a remarkable 71.43% return, substantially outperforming the BSE500 index and the broader Sensex. Profit growth over the same period has been robust at 26.2%, reinforcing the stock’s strong earnings momentum.
The bank’s market capitalisation grade stands at 2, reflecting its mid-cap status with significant growth potential and market presence. The stock’s consistent upward trend and strong financial metrics have contributed to its elevated standing among peers.
Today’s gains are in line with the sector’s performance, with the public sector banking segment showing resilience amid broader market advances. The Sensex’s positive trajectory, led by mega-cap stocks, provides a supportive environment for Bank Of India’s continued momentum.
Summary of Key Metrics
• New 52-week high: Rs.174.55
• 52-week low: Rs.92.74
• 1-year return: 71.43%
• Gross NPA ratio: 2.26%
• Net profit CAGR: 51.96%
• Interest earned (latest quarter): Rs.18,927.13 crore
• PBT excluding other income (latest quarter): Rs.1,337.98 crore (up 45.5%)
• ROA: 0.9%
• Price-to-book value: 0.9
• PEG ratio: 0.3
• Institutional holdings: 21% (up 1.13% QoQ)
• Mojo Score: 81.0 (Strong Buy, upgraded from Buy on 2 Feb 2026)
Bank Of India’s achievement of a new 52-week high at Rs.174.55 is a testament to its sustained financial strength, favourable valuation, and positive market sentiment. The stock’s performance over the past year and recent sessions highlights its resilience and ability to deliver market-beating returns within the public sector banking industry.
Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →
