Bank of India Sees 15.5 Million Shares Traded, Ranking Among Today's Most Active Stocks

Bank of India has emerged as one of the most active equities today, with a total traded volume of 15,532,194 shares and a total traded value of approximately Rs 20,778.97 lakhs. The stock opened at Rs 131.00 and reached a day high of Rs 136.14, marking a notable increase of 4.07% from the previous close of Rs 130.26. This performance has allowed Bank of India to hit a new 52-week high of Rs 135.56.
In terms of performance metrics, the stock has outperformed its sector by 2.37% and has shown a consecutive gain over the last three days, yielding a total return of 9.28% during this period. Additionally, Bank of India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 56.9% compared to the 5-day average. The stock also boasts a high dividend yield of 3.07% at its current price. With a market capitalization of Rs 60,482 crore, Bank of India continues to demonstrate significant liquidity, suitable for trades around Rs 2.8 crore. Overall, the stock's performance today reflects a robust position within the public sector banking industry.