SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bank of India soars on raising Rs 1,000 crore from sale of non-core assets, real estate

17 Sep 2018 Evaluate

Bank of India is currently trading at Rs. 94.40, up by 1.25 points or 1.34% from its previous closing of Rs. 93.15 on the BSE.

The scrip opened at Rs. 93.95 and has touched a high and low of Rs. 94.75 and Rs. 92.10 respectively. So far 761362 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 216.70 on 17-Nov-2017 and a 52 week low of Rs. 76.10 on 17-Jul-2018.

Last one week high and low of the scrip stood at Rs. 94.75 and Rs. 89.30 respectively. The current market cap of the company is Rs. 16436.29 crore.

The promoters holding in the company stood at 83.09%, while Institutions and Non-Institutions held 12.67% and 4.23% respectively.

Bank of India is planning to raise nearly Rs 1,000 crore through selling stake in some of its non-core assets and real estate properties. Of the total, the bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company STCI Finance and in Sidbi, by the third quarter of the current financial year. The lender has also lined up some of its real estate assets to sell and expects to raise nearly Rs 200 crore through the sale.

Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.

Bank Of India Share Price

153.70 3.90 (2.60%)
22-Apr-2026 11:45 View Price Chart
Peers
Company Name CMP
SBI 1106.25
PNB 115.25
Canara Bank 146.45
Bank Of Baroda 283.85
Union Bank Of India 196.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×