Bank of India down for fifth straight session

Bank of India is down for a fifth straight session today. The stock is quoting at Rs 120.65, down 0.45% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 24933.35. The Sensex is at 81777.75, up 0.81%.Bank of India has added around 2.3% in last one month.Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has increased around 3.07% in last one month and is currently quoting at 6934.85, down 0.05% on the day. The volume in the stock stood at 65.18 lakh shares today, compared to the daily average of 123.44 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 120.98, down 0.25% on the day. Bank of India tumbled 1.28% in last one year as compared to a 5.84% rally in NIFTY and a 7.37% fall in the Nifty PSU Bank index.

The PE of the stock is 6.08 based on TTM earnings ending March 25.

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