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BANKINDIA (Bank of India) Stock Analysis
Buy, Hold or Sell?

Let's analyze Bank of India together

I guess you are interested in Bank of India. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Bank of India’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Bank of India’s Price Targets

I'm going to help you getting a better view of Bank of India. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Bank of India (30 sec.)










1.2. What can you expect buying and holding a share of Bank of India? (30 sec.)

How much money do you get?

How much money do you get?
INR0.13
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
INR177.65
Expected worth in 1 year
INR266.68
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR100.24
Return On Investment
87.5%

For what price can you sell your share?

Current Price per Share
INR114.56
Expected price per share
INR104.20 - INR137.45
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Bank of India (5 min.)




Live pricePrice per Share (EOD)
INR114.56
Intrinsic Value Per Share
INR-1,303.14 - INR-891.39
Total Value Per Share
INR-1,125.49 - INR-713.75

2.2. Growth of Bank of India (5 min.)




Is Bank of India growing?

Current yearPrevious yearGrowGrow %
How rich?$9.4b$8.2b$1.1b12.5%

How much money is Bank of India making?

Current yearPrevious yearGrowGrow %
Making money$1.1b$768m$349.1m31.2%
Net Profit Margin32.1%25.7%--

How much money comes from the company's main activities?

2.3. Financial Health of Bank of India (5 min.)




2.4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Bank of India?

Welcome investor! Bank of India's management wants to use your money to grow the business. In return you get a share of Bank of India.

First you should know what it really means to hold a share of Bank of India. And how you can make/lose money.

Speculation

The Price per Share of Bank of India is INR114.56. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Bank of India.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bank of India, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR177.65. Based on the TTM, the Book Value Change Per Share is INR22.26 per quarter. Based on the YOY, the Book Value Change Per Share is INR22.30 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR2.80 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bank of India.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.250.2%0.250.2%0.170.1%0.170.1%0.130.1%0.010.0%
Usd Book Value Change Per Share0.260.2%0.260.2%0.260.2%0.210.2%0.180.2%0.120.1%
Usd Dividend Per Share0.030.0%0.030.0%0.020.0%0.020.0%0.020.0%0.030.0%
Usd Total Gains Per Share0.290.3%0.290.3%0.280.2%0.230.2%0.200.2%0.160.1%
Usd Price Per Share1.25-1.25-1.60-1.24-1.01-1.06-
Price to Earnings Ratio5.11-5.11-9.50-7.82-8.86--2.74-
Price-to-Total Gains Ratio4.27-4.27-5.69-5.70-5.25-32.37-
Price to Book Ratio0.60-0.60-0.88-0.68-0.61-0.88-
Price-to-Total Gains Ratio4.27-4.27-5.69-5.70-5.25-32.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.340352
Number of shares746
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.02
Usd Book Value Change Per Share0.260.18
Usd Total Gains Per Share0.290.20
Gains per Quarter (746 shares)218.72151.03
Gains per Year (746 shares)874.88604.11
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
19877786557547594
21951554174011510941198
32932331261517216401802
43913109349022921872406
54893886436528727343010
65864663524034432813614
76845440611540138284218
87826217699045843744822
98806994786551649215426
109777771874057354686030

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.05.00.050.0%16.05.00.076.2%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%20.01.00.095.2%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.01.080.0%6.00.04.060.0%17.00.04.081.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%21.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of Bank of India compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--22.25922.2590%22.3000%17.737+25%15.662+42%10.584+110%
Book Value Per Share--177.645177.6450%155.386+14%155.372+14%140.137+27%113.364+57%
Current Ratio----0%0.166-100%5.574-100%17.854-100%35.083-100%
Debt To Asset Ratio--0.9230.9230%0.9230%0.9250%0.9260%0.932-1%
Debt To Equity Ratio--12.08512.0850%12.0930%12.281-2%12.529-4%13.960-13%
Dividend Per Share--2.8002.8000%1.803+55%2.135+31%1.642+71%2.919-4%
Enterprise Value---9267626798286.480-9267626798286.4800%-7447619492993.600-20%-7868387486417.626-15%-7110348362320.656-23%-5878526602502.248-37%
Eps--20.97020.9700%14.419+45%14.606+44%11.213+87%0.749+2699%
Ev To Sales Ratio---31.133-31.1330%-29.207-6%-28.404-9%-28.581-8%-27.593-11%
Free Cash Flow Per Share---134.810-134.8100%-11.614-91%-54.423-60%-32.012-76%-18.726-86%
Free Cash Flow To Equity Per Share--39.19339.1930%-3.119+108%6.806+476%6.282+524%4.989+686%
Gross Profit Margin--1.0001.0000%0.993+1%0.995+0%0.995+0%1.0030%
Intrinsic Value_10Y_max---891.391----------
Intrinsic Value_10Y_min---1303.137----------
Intrinsic Value_1Y_max---34.023----------
Intrinsic Value_1Y_min---74.379----------
Intrinsic Value_3Y_max---144.370----------
Intrinsic Value_3Y_min---273.482----------
Intrinsic Value_5Y_max---305.529----------
Intrinsic Value_5Y_min---525.862----------
Market Cap521553899028.480+6%487750001713.520487750001713.5200%623943452006.400-22%483850094915.707+1%393837777479.344+24%413785334097.752+18%
Net Profit Margin--0.3210.3210%0.257+25%0.239+34%0.197+63%-0.035+111%
Operating Margin----0%0.400-100%0.207-100%0.210-100%0.492-100%
Operating Ratio--0.3490.3490%-1.160+432%-0.097+128%0.170+106%0.366-5%
Pb Ratio0.645+6%0.6030.6030%0.882-32%0.682-12%0.606-1%0.883-32%
Pe Ratio5.463+6%5.1085.1080%9.505-46%7.823-35%8.855-42%-2.744+154%
Price Per Share114.560+6%107.120107.1200%137.050-22%106.273+1%86.504+24%90.887+18%
Price To Free Cash Flow Ratio-0.850-7%-0.795-0.7950%-11.800+1385%-5.676+614%-3.357+322%-3.682+363%
Price To Total Gains Ratio4.572+6%4.2754.2750%5.686-25%5.701-25%5.247-19%32.368-87%
Quick Ratio----0%1.169-100%5.600-100%9.666-100%29.719-100%
Return On Assets--0.0090.0090%0.007+27%0.007+30%0.006+60%-0.001+108%
Return On Equity--0.1180.1180%0.093+27%0.092+29%0.076+56%-0.020+117%
Total Gains Per Share--25.05925.0590%24.103+4%19.872+26%17.303+45%13.503+86%
Usd Book Value--9463817610.0009463817610.0000%8276821476.300+14%8276535302.100+14%7464827958.120+27%6038579869.920+57%
Usd Book Value Change Per Share--0.2600.2600%0.2610%0.208+25%0.183+42%0.124+110%
Usd Book Value Per Share--2.0782.0780%1.818+14%1.818+14%1.640+27%1.326+57%
Usd Dividend Per Share--0.0330.0330%0.021+55%0.025+31%0.019+71%0.034-4%
Usd Enterprise Value---108431233539.952-108431233539.9520%-87137148068.025-20%-92060133591.086-15%-83191075839.152-23%-68778761249.276-37%
Usd Eps--0.2450.2450%0.169+45%0.171+44%0.131+87%0.009+2699%
Usd Free Cash Flow---7181827380.000-7181827380.0000%-618634493.100-91%-2899218827.700-60%-1705364418.420-76%-997550941.140-86%
Usd Free Cash Flow Per Share---1.577-1.5770%-0.136-91%-0.637-60%-0.375-76%-0.219-86%
Usd Free Cash Flow To Equity Per Share--0.4590.4590%-0.036+108%0.080+476%0.074+524%0.058+686%
Usd Market Cap6102180618.633+6%5706675020.0485706675020.0480%7300138388.475-22%5661046110.514+1%4607901996.508+24%4841288408.944+18%
Usd Price Per Share1.340+6%1.2531.2530%1.603-22%1.243+1%1.012+24%1.063+18%
Usd Profit--1117148760.0001117148760.0000%768042077.400+45%778077432.600+44%597309006.060+87%39929263.920+2698%
Usd Revenue--3482884080.0003482884080.0000%2983421691.900+17%3235821837.300+8%2911105774.980+20%2487369883.050+40%
Usd Total Gains Per Share--0.2930.2930%0.282+4%0.232+26%0.202+45%0.158+86%
 EOD+5 -3MRQTTM+0 -0YOY+22 -173Y+26 -135Y+26 -1310Y+23 -16

3.3 Fundamental Score

Let's check the fundamental score of Bank of India based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.463
Price to Book Ratio (EOD)Between0-10.645
Net Profit Margin (MRQ)Greater than00.321
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.923
Debt to Equity Ratio (MRQ)Less than112.085
Return on Equity (MRQ)Greater than0.150.118
Return on Assets (MRQ)Greater than0.050.009
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Bank of India based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.330
Ma 20Greater thanMa 50117.204
Ma 50Greater thanMa 100117.784
Ma 100Greater thanMa 200111.569
OpenGreater thanClose114.190
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Bank of India

Bank of India Limited provides various banking products and services in India and internationally. It operates through Treasury, Wholesale Banking, and Retail Banking segments. The company accepts various deposit products, such as savings, salary, current, term, and rera account deposits. It also provides debit, credit, and prepaid cards; personal, home, vehicle, education, star reverse mortgage, and home loans, as well as loans against property; and finance to new and existing business, healthcare schemes, govt. sponsored schemes, and commercial vehicle finance services. In addition, the company offers credit, cash management, and trade finance services; government deposit schemes, including public provident fund, senior citizens savings, Sukanya Samridhi, national pension system, departmentalized ministries, sovereign and RBI bond, mahila samman savings certificate, and other schemes; mutual funds; and life, health, and general insurance products. Further, it provides NRI services, such as accounts, loans, and money remittance and ancillary services, as well as Kisan credit card, gold loans, self help group, Atmanirbhar schemes, tractor/farm mechanization, food and agro loans, agri allied activities, Kisan Ghar and agri mortgage loan, agri clinic/agri business centers, and other loans services, as well as internet and mobile banking, and payment services. The company was incorporated in 1906 and is headquartered in Mumbai, India.

Fundamental data was last updated by Penke on 2025-06-21 17:40:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Bank of India earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareΒ Bank of India to theΒ Banks - Regional industry mean.
  • A Net Profit Margin of 32.1%Β means thatΒ ₹0.32 for each ₹1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bank of India:

  • The MRQ is 32.1%. The company is making a huge profit. +2
  • The TTM is 32.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ32.1%TTM32.1%0.0%
TTM32.1%YOY25.7%+6.3%
TTM32.1%5Y19.7%+12.3%
5Y19.7%10Y-3.5%+23.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ32.1%41.9%-9.8%
TTM32.1%31.1%+1.0%
YOY25.7%29.6%-3.9%
3Y23.9%29.0%-5.1%
5Y19.7%25.7%-6.0%
10Y-3.5%22.1%-25.6%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Bank of India is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Bank of India to theΒ Banks - Regional industry mean.
  • 0.9% Return on Assets means thatΒ Bank of India generatedΒ ₹0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bank of India:

  • The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.9%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.9%0.0%
TTM0.9%YOY0.7%+0.2%
TTM0.9%5Y0.6%+0.3%
5Y0.6%10Y-0.1%+0.6%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%0.2%+0.7%
TTM0.9%0.2%+0.7%
YOY0.7%0.2%+0.5%
3Y0.7%0.2%+0.5%
5Y0.6%0.2%+0.4%
10Y-0.1%0.2%-0.3%
4.3.1.3. Return on Equity

Shows how efficient Bank of India is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Bank of India to theΒ Banks - Regional industry mean.
  • 11.8% Return on Equity means Bank of India generated ₹0.12Β for eachΒ ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bank of India:

  • The MRQ is 11.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.8%TTM11.8%0.0%
TTM11.8%YOY9.3%+2.5%
TTM11.8%5Y7.6%+4.3%
5Y7.6%10Y-2.0%+9.5%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ11.8%2.8%+9.0%
TTM11.8%2.2%+9.6%
YOY9.3%2.6%+6.7%
3Y9.2%2.5%+6.7%
5Y7.6%2.4%+5.2%
10Y-2.0%2.6%-4.6%
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4.3.2. Operating Efficiency of Bank of India.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Bank of India is operatingΒ .

  • Measures how much profit Bank of India makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Bank of India to theΒ Banks - Regional industry mean.
  • An Operating Margin of 0.0%Β means the company generated ₹0.00 Β for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bank of India:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY40.0%-40.0%
TTM-5Y21.0%-21.0%
5Y21.0%10Y49.2%-28.2%
4.3.2.2. Operating Ratio

Measures how efficient Bank of India is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Banks - Regional industry mean).
  • An Operation Ratio of 0.35 means that the operating costs are ₹0.35 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Bank of India:

  • The MRQ is 0.349. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.349. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.349TTM0.3490.000
TTM0.349YOY-1.160+1.509
TTM0.3495Y0.170+0.179
5Y0.17010Y0.366-0.196
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4.4.3. Liquidity of Bank of India.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Bank of India is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Banks - Regional industry mean).
  • A Current Ratio of 0.00Β means the company has ₹0.00 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Bank of India:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.166-0.166
TTM-5Y17.854-17.854
5Y17.85410Y35.083-17.229
4.4.3.2. Quick Ratio

Measures if Bank of India is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Bank of India to theΒ Banks - Regional industry mean.
  • A Quick Ratio of 0.00Β means the company can pay off ₹0.00 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bank of India:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY1.169-1.169
TTM-5Y9.666-9.666
5Y9.66610Y29.719-20.053
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4.5.4. Solvency of Bank of India.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of Bank of IndiaΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Bank of India to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.92Β means that Bank of India assets areΒ financed with 92.3% credit (debt) and the remaining percentage (100% - 92.3%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Bank of India:

  • The MRQ is 0.923. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.923. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.923TTM0.9230.000
TTM0.923YOY0.9230.000
TTM0.9235Y0.926-0.002
5Y0.92610Y0.932-0.006
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9230.912+0.011
TTM0.9230.914+0.009
YOY0.9230.331+0.592
3Y0.9250.655+0.270
5Y0.9260.761+0.165
10Y0.9320.845+0.087
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Bank of India is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Bank of India to theΒ Banks - Regional industry mean.
  • A Debt to Equity ratio of 1,208.5% means that company has ₹12.08 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bank of India:

  • The MRQ is 12.085. The company is unable to pay all its debts with equity. -1
  • The TTM is 12.085. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ12.085TTM12.0850.000
TTM12.085YOY12.093-0.008
TTM12.0855Y12.529-0.445
5Y12.52910Y13.960-1.431
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ12.08510.416+1.669
TTM12.08510.683+1.402
YOY12.0934.228+7.865
3Y12.2817.922+4.359
5Y12.5299.283+3.246
10Y13.96011.348+2.612
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every ₹1 in earnings Bank of India generates.

  • Above 15 is considered overpriced butΒ always compareΒ Bank of India to theΒ Banks - Regional industry mean.
  • A PE ratio of 5.11 means the investor is paying ₹5.11Β for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bank of India:

  • The EOD is 5.463. Based on the earnings, the company is cheap. +2
  • The MRQ is 5.108. Based on the earnings, the company is cheap. +2
  • The TTM is 5.108. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.463MRQ5.108+0.355
MRQ5.108TTM5.1080.000
TTM5.108YOY9.505-4.397
TTM5.1085Y8.855-3.747
5Y8.85510Y-2.744+11.599
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD5.4634.419+1.044
MRQ5.1083.875+1.233
TTM5.1086.132-1.024
YOY9.5054.741+4.764
3Y7.8235.925+1.898
5Y8.8558.400+0.455
10Y-2.7449.118-11.862
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Bank of India:

  • The EOD is -0.850. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.795. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.795. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.850MRQ-0.795-0.055
MRQ-0.795TTM-0.7950.000
TTM-0.795YOY-11.800+11.006
TTM-0.7955Y-3.357+2.562
5Y-3.35710Y-3.682+0.325
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD-0.8500.383-1.233
MRQ-0.7950.336-1.131
TTM-0.7950.632-1.427
YOY-11.800-1.072-10.728
3Y-5.6762.007-7.683
5Y-3.3570.284-3.641
10Y-3.6820.095-3.777
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Bank of India is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.60 means the investor is paying ₹0.60Β for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Bank of India:

  • The EOD is 0.645. Based on the equity, the company is cheap. +2
  • The MRQ is 0.603. Based on the equity, the company is cheap. +2
  • The TTM is 0.603. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.645MRQ0.603+0.042
MRQ0.603TTM0.6030.000
TTM0.603YOY0.882-0.279
TTM0.6035Y0.606-0.003
5Y0.60610Y0.883-0.277
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.6450.492+0.153
MRQ0.6030.432+0.171
TTM0.6030.446+0.157
YOY0.8820.149+0.733
3Y0.6820.355+0.327
5Y0.6060.578+0.028
10Y0.8830.801+0.082
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2021-03-312022-03-312023-03-312024-03-312025-03-31
Net Debt  -977,485,195234,993,824-742,491,371545,810,871-196,680,500175,053,500-21,627,000251,950,000230,323,000



6.2. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets10,564,250,100
Total Liabilities9,755,376,800
Total Stockholder Equity807,257,600
 As reported
Total Liabilities 9,755,376,800
Total Stockholder Equity+ 807,257,600
Total Assets = 10,564,250,100

Assets

Total Assets10,564,250,100
Total Current Assets0
Long-term Assets10,564,250,100
Total Current Assets
Cash And Cash Equivalents 1,008,371,600
Total Current Assets  (as reported)0
Total Current Assets  (calculated)1,008,371,600
+/- 1,008,371,600
Long-term Assets
Property Plant Equipment 120,469,400
Long Term Investments 2,680,022,900
Long-term Assets Other 10,443,780,700
Long-term Assets  (as reported)10,564,250,100
Long-term Assets  (calculated)13,244,273,000
+/- 2,680,022,900

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities9,755,376,800
Total Stockholder Equity807,257,600
Total Current Liabilities
Accounts payable 36,633,716
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)36,633,716
+/- 36,633,716
Long-term Liabilities
Long-term Liabilities  (as reported)9,755,376,800
Long-term Liabilities  (calculated)0
+/- 9,755,376,800
Total Stockholder Equity
Common Stock45,534,100
Accumulated Other Comprehensive Income 761,723,500
Total Stockholder Equity (as reported)807,257,600
Total Stockholder Equity (calculated)807,257,600
+/-0
Other
Capital Stock45,534,100
Common Stock Shares Outstanding 4,553,305
Liabilities and Stockholders Equity 10,564,250,100
Net Debt 230,323,000
Net Invested Capital 2,045,952,200
Property Plant and Equipment Gross 170,096,552
Short Long Term Debt Total 1,238,694,600



6.3. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-31
> Total Assets 
951,021,356
1,124,214,153
1,417,716,377
1,793,423,868
2,263,573,526
2,768,338,792
3,530,318,491
3,875,892,451
4,564,068,028
5,781,546,036
6,252,847,415
6,166,292,347
6,320,259,509
6,151,843,398
6,308,839,095
6,630,188,399
7,327,900,975
7,431,313,314
8,260,357,500
9,242,803,540
10,564,250,100
10,564,250,1009,242,803,5408,260,357,5007,431,313,3147,327,900,9756,630,188,3996,308,839,0956,151,843,3986,320,259,5096,166,292,3476,252,847,4155,781,546,0364,564,068,0283,875,892,4513,530,318,4912,768,338,7922,263,573,5261,793,423,8681,417,716,3771,124,214,153951,021,356
   > Total Current Assets 
75,263,405
114,460,165
174,064,030
178,010,126
218,899,738
314,490,742
376,963,633
354,643,356
1,085,317,469
1,236,415,821
1,388,258,292
1,529,131,740
1,539,975,860
1,440,384,331
680,152,825
604,062,701
690,832,879
536,254,576
424,689,901
463,819,956
0
0463,819,956424,689,901536,254,576690,832,879604,062,701680,152,8251,440,384,3311,539,975,8601,529,131,7401,388,258,2921,236,415,8211,085,317,469354,643,356376,963,633314,490,742218,899,738178,010,126174,064,030114,460,16575,263,405
       Cash And Cash Equivalents 
75,263,405
114,460,165
174,064,030
178,010,126
218,899,738
314,490,742
376,963,633
354,643,356
553,771,257
617,603,051
769,389,166
995,047,182
964,647,090
960,242,325
948,599,950
866,090,593
1,266,936,250
975,512,531
846,832,800
831,229,621
1,008,371,600
1,008,371,600831,229,621846,832,800975,512,5311,266,936,250866,090,593948,599,950960,242,325964,647,090995,047,182769,389,166617,603,051553,771,257354,643,356376,963,633314,490,742218,899,738178,010,126174,064,030114,460,16575,263,405
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-268,447,125
-262,027,892
-576,103,371
-439,257,955
-422,142,899
2,319,783,325
0
02,319,783,325-422,142,899-439,257,955-576,103,371-262,027,892-268,447,12500000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
531,546,212
618,812,770
618,869,126
534,084,558
575,328,770
480,142,006
154,979,715
122,727,534
122,274,073
203,236,533
398,435,876
486,334,496
0
0486,334,496398,435,876203,236,533122,274,073122,727,534154,979,715480,142,006575,328,770534,084,558618,869,126618,812,770531,546,21200000000
       Other Current Assets 
0
0
0
0
0
0
0
38,610,358
617,318,544
250,996,264
330,813,665
382,157,230
292,166,138
331,899,816
1,031,407,198
955,319,856
1,345,576,637
945,691,035
884,666,366
888,531,291
0
0888,531,291884,666,366945,691,0351,345,576,637955,319,8561,031,407,198331,899,816292,166,138382,157,230330,813,665250,996,264617,318,54438,610,3580000000
   > Long-term Assets 
296,223,410
327,354,498
364,098,938
443,579,029
554,331,554
704,916,084
891,760,195
908,568,981
992,883,987
1,223,099,303
1,291,100,147
1,311,937,591
1,392,970,410
1,486,709,273
89,990,777
90,579,849
90,013,980
98,561,127
100,605,567
8,370,691,203
10,564,250,100
10,564,250,1008,370,691,203100,605,56798,561,12790,013,98090,579,84989,990,7771,486,709,2731,392,970,4101,311,937,5911,291,100,1471,223,099,303992,883,987908,568,981891,760,195704,916,084554,331,554443,579,029364,098,938327,354,498296,223,410
       Property Plant Equipment 
8,143,429
8,100,703
7,895,466
24,333,247
25,613,446
23,789,166
24,994,283
28,000,249
29,006,393
58,201,870
59,144,856
85,728,505
85,457,781
83,498,563
89,990,777
90,579,849
90,013,980
98,561,127
100,605,600
103,275,275
120,469,400
120,469,400103,275,275100,605,60098,561,12790,013,98090,579,84989,990,77783,498,56385,457,78185,728,50559,144,85658,201,87029,006,39328,000,24924,994,28323,789,16625,613,44624,333,2477,895,4668,100,7038,143,429
       Long Term Investments 
0
0
0
0
0
0
0
0
0
1,164,897,433
1,231,955,291
1,226,209,086
1,307,512,629
1,403,210,710
1,509,050,173
1,623,229,081
1,916,930,100
1,802,739,500
2,113,235,500
2,345,919,800
2,680,022,900
2,680,022,9002,345,919,8002,113,235,5001,802,739,5001,916,930,1001,623,229,0811,509,050,1731,403,210,7101,307,512,6291,226,209,0861,231,955,2911,164,897,433000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
1,430,809,271
1,657,219,514
1,669,356,043
1,692,748,251
1,813,715,960
1,916,930,100
0
0
0
0
00001,916,930,1001,813,715,9601,692,748,2511,669,356,0431,657,219,5141,430,809,27100000000000
       Other Assets 
579,534,541
682,399,490
879,553,409
1,171,834,713
1,490,342,234
1,748,931,966
2,261,594,663
2,612,680,114
2,485,866,572
3,322,030,912
3,573,488,976
3,325,223,016
3,387,313,239
3,224,749,794
5,538,695,493
5,935,545,849
6,547,054,116
6,796,497,611
7,735,062,032
408,292,381
0
0408,292,3817,735,062,0326,796,497,6116,547,054,1165,935,545,8495,538,695,4933,224,749,7943,387,313,2393,325,223,0163,573,488,9763,322,030,9122,485,866,5722,612,680,1142,261,594,6631,748,931,9661,490,342,2341,171,834,713879,553,409682,399,490579,534,541
> Total Liabilities 
905,115,996
1,072,877,913
1,357,412,388
1,686,468,286
2,125,982,393
2,620,696,245
3,353,445,334
3,661,123,342
4,318,623,595
5,472,968,738
5,925,939,622
5,831,855,755
5,983,157,098
5,782,687,112
5,830,698,075
6,177,942,750
6,826,505,553
6,864,799,857
7,654,462,900
8,535,382,901
9,755,376,800
9,755,376,8008,535,382,9017,654,462,9006,864,799,8576,826,505,5536,177,942,7505,830,698,0755,782,687,1125,983,157,0985,831,855,7555,925,939,6225,472,968,7384,318,623,5953,661,123,3423,353,445,3342,620,696,2452,125,982,3931,686,468,2861,357,412,3881,072,877,913905,115,996
   > Total Current Liabilities 
12,447,912
11,457,944
11,364,093
12,408,480
0
11,754,056
11,280,404
11,615,063
15,038,416
18,548,535
26,863,101
22,888,201
24,090,422
21,656,386
20,349,043
19,554,587
16,476,917
17,513,246
25,651,647
2,797,092,481
0
02,797,092,48125,651,64717,513,24616,476,91719,554,58720,349,04321,656,38624,090,42222,888,20126,863,10118,548,53515,038,41611,615,06311,280,40411,754,056012,408,48011,364,09311,457,94412,447,912
       Short-term Debt 
0
0
0
0
0
0
0
0
0
484,275,103
400,986,867
511,032,719
394,914,169
435,982,553
0
8,051,413
5,769,841
8,464,941
13,173,184
6,998,182
0
06,998,18213,173,1848,464,9415,769,8418,051,4130435,982,553394,914,169511,032,719400,986,867484,275,103000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
484,275,103
400,986,867
511,032,719
394,914,169
435,982,553
0
0
0
0
0
0
0
0000000435,982,553394,914,169511,032,719400,986,867484,275,103000000000
       Accounts payable 
12,447,912
11,457,944
11,364,093
12,408,480
10,396,288
11,754,056
11,280,404
11,388,576
15,038,416
18,548,535
26,863,101
22,888,201
24,090,422
21,656,386
20,349,043
19,554,587
16,476,917
17,513,246
25,651,647
32,008,951
36,633,716
36,633,71632,008,95125,651,64717,513,24616,476,91719,554,58720,349,04321,656,38624,090,42222,888,20126,863,10118,548,53515,038,41611,388,57611,280,40411,754,05610,396,28812,408,48011,364,09311,457,94412,447,912
       Other Current Liabilities 
-12,447,912
-11,457,944
-11,364,093
-12,408,480
-10,396,288
-11,754,056
-11,280,404
-11,388,576
-15,038,416
-18,548,535
-26,863,101
-22,888,201
-24,090,422
-21,656,386
-20,349,043
-19,554,587
-16,476,917
-17,513,246
-25,651,647
2,741,508,474
0
02,741,508,474-25,651,647-17,513,246-16,476,917-19,554,587-20,349,043-21,656,386-24,090,422-22,888,201-26,863,101-18,548,535-15,038,416-11,388,576-11,280,404-11,754,056-10,396,288-12,408,480-11,364,093-11,457,944-12,447,912
   > Long-term Liabilities 
83,086,737
91,906,302
92,308,269
94,224,490
94,925,834
223,998,955
220,213,756
321,189,450
366,610,498
448,416,491
391,315,774
425,114,964
409,347,129
316,199,392
442,651,923
397,524,659
324,641,055
268,211,160
650,152,251
5,754,709,374
9,755,376,800
9,755,376,8005,754,709,374650,152,251268,211,160324,641,055397,524,659442,651,923316,199,392409,347,129425,114,964391,315,774448,416,491366,610,498321,189,450220,213,756223,998,95594,925,83494,224,49092,308,26991,906,30283,086,737
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
511,032,719
394,914,169
435,982,553
442,651,923
397,524,659
324,641,055
268,211,100
650,152,251
0
0
00650,152,251268,211,100324,641,055397,524,659442,651,923435,982,553394,914,169511,032,71900000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
172,187,357
142,120,926
129,077,791
126,198,399
81,282,297
129,323,481
175,727,568
180,226,427
262,123,118
0
0
0
000262,123,118180,226,427175,727,568129,323,48181,282,297126,198,399129,077,791142,120,926172,187,357000000000
> Total Stockholder Equity
45,885,817
51,306,299
60,267,542
106,710,304
136,565,478
144,450,296
176,360,794
214,140,111
244,710,141
307,737,250
325,228,451
333,456,630
336,292,602
367,564,815
476,519,476
450,731,486
499,802,281
565,218,507
604,329,500
705,812,546
807,257,600
807,257,600705,812,546604,329,500565,218,507499,802,281450,731,486476,519,476367,564,815336,292,602333,456,630325,228,451307,737,250244,710,141214,140,111176,360,794144,450,296136,565,478106,710,30460,267,54251,306,29945,885,817
   Common Stock
4,881,419
4,881,419
4,881,420
5,259,146
5,259,146
5,259,146
5,472,195
5,745,195
5,966,414
6,430,021
6,656,476
8,172,916
10,554,342
17,437,175
27,600,285
32,776,625
32,776,625
41,043,052
41,043,100
45,526,679
45,534,100
45,534,10045,526,67941,043,10041,043,05232,776,62532,776,62527,600,28517,437,17510,554,3428,172,9166,656,4766,430,0215,966,4145,745,1955,472,1955,259,1465,259,1465,259,1464,881,4204,881,4194,881,419
   Retained Earnings 
0
0
0
0
0
0
0
0
158,877,600
180,601,536
197,658,376
-63,653,488
-85,852,891
-149,144,495
-204,145,456
-237,879,282
-887,876
19,977,393
36,626,670
73,388,004
130,943,134
130,943,13473,388,00436,626,67019,977,393-887,876-237,879,282-204,145,456-149,144,495-85,852,891-63,653,488197,658,376180,601,536158,877,60000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
101,970,251
132,481,642
220,605,677
364,421,578
359,032,884
30,000,000
168,260,479
173,847,002
0
0
00173,847,002168,260,47930,000,000359,032,884364,421,578220,605,677132,481,642101,970,25100000000000
   Treasury Stock000000000000000000000
   Other Stockholders Equity 
41,011,821
46,424,880
55,393,524
101,458,556
131,313,725
139,191,150
29,158,748
39,260,394
238,743,727
-123,936,070
-134,791,974
426,625,298
434,651,731
527,653,593
653,064,647
20,472,351
151,209,002
168,260,479
171,988,141
219,195,685
0
0219,195,685171,988,141168,260,479151,209,00220,472,351653,064,647527,653,593434,651,731426,625,298-134,791,974-123,936,070238,743,72739,260,39429,158,748139,191,150131,313,725101,458,55655,393,52446,424,88041,011,821



6.4. Balance Sheets

Currency in INR. All numbers in thousands.




6.5. Cash Flows

Currency in INR. All numbers in thousands.




6.6. Income Statements

Currency in INR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2025-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue297,682,400
Cost of Revenue-0
Gross Profit297,682,400297,682,400
 
Operating Income (+$)
Gross Profit297,682,400
Operating Expense-103,873,100
Operating Income193,809,300193,809,300
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,975,646
Selling And Marketing Expenses0
Operating Expense103,873,1001,975,646
 
Net Interest Income (+$)
Interest Income713,077,100
Interest Expense-465,941,800
Other Finance Cost-0
Net Interest Income247,135,300
 
Pretax Income (+$)
Operating Income193,809,300
Net Interest Income247,135,300
Other Non-Operating Income Expenses0
Income Before Tax (EBT)127,710,300259,908,300
EBIT - interestExpense = -465,941,800
127,671,400
561,424,600
Interest Expense465,941,800
Earnings Before Interest and Taxes (EBIT)0593,652,100
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax127,710,300
Tax Provision-32,188,600
Net Income From Continuing Ops95,521,70095,521,700
Net Income95,482,800
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses103,873,100
Total Other Income/Expenses Net-66,099,000-247,135,300
 

Technical Analysis of Bank of India
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bank of India. The general trend of Bank of India is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bank of India's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Bank of India Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Bank of India.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 121.63 < 130.24 < 137.45.

The bearish price targets are: 111.56 > 104.99 > 104.20.

Know someone who trades $BANKINDIA? Share this with them.πŸ‘‡

Bank of India Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Bank of India. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Bank of India Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bank of India. The current macd is -0.84910741.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bank of India price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Bank of India. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Bank of India price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Bank of India Daily Moving Average Convergence/Divergence (MACD) ChartBank of India Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Bank of India. The current adx is 14.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Bank of India shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Bank of India Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Bank of India. The current sar is 121.47.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Bank of India Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Bank of India. The current rsi is 40.33. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Bank of India Daily Relative Strength Index (RSI) ChartBank of India Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Bank of India. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bank of India price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Bank of India Daily Stochastic Oscillator ChartBank of India Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Bank of India. The current cci is -100.16941596.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Bank of India Daily Commodity Channel Index (CCI) ChartBank of India Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bank of India. The current cmo is -31.32056386.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Bank of India Daily Chande Momentum Oscillator (CMO) ChartBank of India Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Bank of India. The current willr is -87.71712159.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Bank of India Daily Williams %R ChartBank of India Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Bank of India.

Bank of India Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Bank of India. The current atr is 2.84522333.

Bank of India Daily Average True Range (ATR) ChartBank of India Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Bank of India. The current obv is 1,089,689,389.

Bank of India Daily On-Balance Volume (OBV) ChartBank of India Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Bank of India. The current mfi is 63.06.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Bank of India Daily Money Flow Index (MFI) ChartBank of India Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bank of India.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-24MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-25STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-15STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-22STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-05-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-05-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-22STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-02BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-06-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-06-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-20BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-23STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-06-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-07-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-07-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-07-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Bank of India Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Bank of India based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.330
Ma 20Greater thanMa 50117.204
Ma 50Greater thanMa 100117.784
Ma 100Greater thanMa 200111.569
OpenGreater thanClose114.190
Total2/5 (40.0%)
Penke
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