Bank of India soars 3.21%, Gains for third straight session

Bank of India is up for a third straight session in a row. The stock is quoting at Rs 149.65, up 3.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.05% on the day, quoting at 25308.35. The Sensex is at 82102.05, up 1.23%. Bank of India has added around 12.18% in last one month.

Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has added around 14.05% in last one month and is currently quoting at 8905.35, up 2.85% on the day. The volume in the stock stood at 149.56 lakh shares today, compared to the daily average of 86.63 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 149.87, up 3.24% on the day. Bank of India is up 2.04% in last one year as compared to a 2.19% fall in NIFTY and a 9.56% fall in the Nifty PSU Bank index.

The PE of the stock is 5.5 based on TTM earnings ending September 26.

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