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.
