Stock Performance and Market Context
On 18 Feb 2026, Bank Of India’s share price reached Rs.172.5, marking its highest level in the past year. This new peak comes after a three-day consecutive rally, during which the stock appreciated by 6.36%. The stock’s day change stood at a positive 0.88%, moving in line with the broader public sector bank sector. Notably, Bank Of India is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling strong technical momentum.
In contrast, the Sensex experienced a volatile session, opening 102.63 points higher but eventually declining by 349.20 points to close at 83,204.39, down 0.3%. The benchmark index remains 3.55% below its own 52-week high of 86,159.02. While the Sensex trades below its 50-day moving average, the 50DMA itself remains above the 200DMA, indicating a mixed but cautiously optimistic market environment.
Remarkable One-Year Returns and Valuation Metrics
Bank Of India’s one-year performance has been exceptional, delivering a return of 78.87%, significantly outperforming the Sensex’s 9.59% gain over the same period. The stock’s 52-week low was Rs.92.74, highlighting the substantial upside captured by investors over the past year. This strong price appreciation is supported by a healthy price-to-book value of 0.9, which suggests the stock is trading at a fair valuation relative to its peers.
The company’s PEG ratio stands at a low 0.3, reflecting attractive valuation in relation to its earnings growth. Over the past year, Bank Of India’s profits have increased by 26.2%, reinforcing the stock’s fundamental strength alongside its price momentum.
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Strong Fundamental Indicators Supporting the Rally
Bank Of India’s rally is underpinned by solid fundamental metrics. The bank maintains a low Gross Non-Performing Assets (NPA) ratio of 2.26%, which is among the lowest in the public sector banking segment. This reflects prudent lending practices and effective asset quality management.
Net profits have exhibited a compound annual growth rate (CAGR) of 51.96%, demonstrating sustained profitability over the long term. The company has reported positive results for 18 consecutive quarters, highlighting consistent operational performance. 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, growing at 45.5% compared to the previous four-quarter average.
Institutional Confidence and Market Standing
Institutional investors hold a significant 21% stake in Bank Of India, reflecting confidence from entities with extensive analytical resources. This holding has increased by 1.13% over the previous quarter, signalling growing institutional support. The company’s strong market position is further validated by its high rankings on the MarketsMojo platform, where it holds a Mojo Score of 81.0 and a Mojo Grade of Strong Buy, upgraded from Buy on 2 Feb 2026.
Bank Of India ranks sixth among mid-cap stocks and 24th across the entire market universe of over 4,000 stocks, placing it in the top 1% of companies rated by MarketsMojo. This recognition reflects the bank’s robust fundamentals, valuation attractiveness, and consistent earnings growth.
Long-Term and Recent Market Outperformance
Beyond the one-year horizon, Bank Of India has demonstrated market-beating performance over three years and the past three months, consistently outperforming the BSE500 index. This sustained outperformance is a testament to the bank’s strong business model and effective execution in a competitive sector.
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Summary of Key Metrics
Bank Of India’s recent price milestone is supported by a combination of strong earnings growth, attractive valuation, and improving asset quality. The stock’s trading above all major moving averages indicates positive technical momentum, while institutional buying adds further strength to the rally. The bank’s ability to sustain profit growth at nearly 52% CAGR and maintain a low Gross NPA ratio of 2.26% distinguishes it within the public sector banking industry.
With a market cap grade of 2 and a Mojo Score of 81.0, Bank Of India continues to demonstrate resilience and strength amid a mixed broader market backdrop. Its consistent quarterly results and robust financial metrics provide a solid foundation for the stock’s current valuation and price performance.
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