Stock Performance and Market Context
On 5 January 2026, Bank Of India’s shares reached Rs.152.5, marking the highest price level in the past year. The stock has outperformed its sector peers, registering a day gain of 0.37%, and has been on a consistent upward trajectory for the last five trading days. Over this period, the stock has delivered a cumulative return of 7.37%, signalling strong investor confidence in its recent performance.
The stock’s price currently trades above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained bullish trend. This technical strength is notable given the broader market environment, where the Sensex opened lower by 121.96 points and was trading at 85,636.52, down 0.15% on the day. Despite the Sensex being 0.61% shy of its own 52-week high of 86,159.02, Bank Of India has demonstrated resilience and outperformance within the public sector banking space.
Strong Long-Term Returns and Financial Metrics
Bank Of India’s one-year performance stands out with a remarkable 42.84% return, significantly surpassing the Sensex’s 8.10% gain over the same period. This outperformance is supported by the bank’s solid fundamentals and consistent profitability. The company has reported positive results for 17 consecutive quarters, reflecting steady operational strength.
Net profit growth has been particularly impressive, with a compound annual growth rate (CAGR) of 46.49%. For the nine months ended recently, the bank posted a profit after tax (PAT) of Rs.7,432.60 crore, representing a year-on-year increase of 34.76%. Interest earned during the quarter reached a record high of Rs.18,406.09 crore, underscoring the bank’s expanding lending operations.
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Asset Quality and Valuation
Bank Of India maintains a commendable asset quality profile, with a gross non-performing asset (NPA) ratio of 2.54%, one of the lowest in the public sector banking segment. This metric highlights the bank’s prudent lending practices and effective risk management.
From a valuation perspective, the bank offers an attractive proposition with a price-to-book value of 0.8, suggesting the stock is trading at a reasonable level relative to its net asset value. The return on assets (ROA) stands at 0.9%, reflecting efficient utilisation of assets to generate profits. The company’s PEG ratio of 0.2 further indicates that its earnings growth is favourably priced in the market.
Market Position and Ratings
Bank Of India is classified within the public sector bank industry and sector, holding a market capitalisation grade of 2. The stock’s Mojo Score is 78.0, with a current Mojo Grade of Buy, following a downgrade from Strong Buy on 23 October 2025. Despite this adjustment, the stock remains highly rated, positioned among the top 1% of over 4,000 companies assessed by MarketsMojo. It ranks 13th among mid-cap stocks and 44th across the entire market, reflecting its strong standing.
The majority shareholding is held by promoters, providing stability in ownership structure. The stock’s market-beating performance extends beyond the last year, having outperformed the BSE500 index over the past three years, one year, and three months, demonstrating consistent strength across multiple time frames.
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Recent Price Trends and Market Dynamics
The stock’s recent rally has been supported by a steady stream of positive quarterly results and improving financial metrics. The 52-week low for Bank Of India was Rs.90, highlighting the significant appreciation in share price over the past year. The current price level of Rs.152.5 represents a gain of nearly 69.4% from that low point.
In the broader market, small-cap stocks have shown modest gains, with the BSE Small Cap index rising by 0.04% on the day. The Sensex’s position above its 50-day moving average, which itself is above the 200-day moving average, signals a generally bullish market environment, although Bank Of India’s outperformance remains notable within this context.
Summary of Key Financial Highlights
Bank Of India’s financial strength is underpinned by:
- Gross NPA ratio at a low 2.54%
- Net profit CAGR of 46.49%
- Record interest earned of Rs.18,406.09 crore in the latest quarter
- Consistent positive quarterly results over 17 consecutive quarters
- Attractive valuation metrics including a Price to Book of 0.8 and ROA of 0.9%
These factors collectively contribute to the stock’s strong momentum and its recent achievement of a new 52-week high.
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