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Bank of India Share Price Target 2024, 2025, 2026 to 2039 With Charts

Bank of India Limited

Company LogoSymbol: BANKINDIA
Price: ₹108.76
Exchange: NSE
Financial Services -> Banks—Regional
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Bank of India Brief Company Overview

Bank of India Limited: A Banking Giant with a Rich History

Established in 1906, Bank of India Limited is a leading provider of banking products and services in India. With its headquarters in Mumbai, the bank operates across multiple segments, including Treasury Operations, Wholesale Banking, and Retail Banking.

  • Diverse Product Range: BoI offers a comprehensive suite of deposit products, loans (personal, business, and housing), cash management services, trade finance, and online share trading.
  • Customer-Centric Approach: The bank provides insurance products, mutual funds, portfolio management services, and remittance facilities to cater to diverse financial needs.
  • Rural Outreach: BoI extends its services to rural customers through cards, loans, and other specialized services.

Bank of India Limited has established a strong reputation in the industry for its commitment to delivering value to customers. The bank's rich history and commitment to innovation have solidified its position as a trusted financial institution in India.


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Bank of India Financial Performance

MetricValueDescription
Market Capital49,747.02 CroreMarket valuation of Bank of India's shares.
Revenue (TTM)25,268.66 CroreTotal revenue generated by Bank of India over the past twelve months.
Net Income (TTM)+6,891.19 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin37.92%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin27.27%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-3.51%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
+20.9%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
1.18Company's total debt divided by total shareholder equity.
Total Debt84,377.94 CroreSum of Bank of India's current & long-term financial obligations.
Total Cash85,741.69 CroreTotal amount of liquid funds available to Bank of India.
Beta1.3Beta is greater than 1 indicating that the Bank of India's price is more volatile than the market.

Is Bank of India A Good Buy For Long Term?

Bank of India's recent performance is mixed. While it boasts a healthy profit margin of 27.27% and a strong cash balance of 85,741.69 Crore as of Q1-2024-25, its revenue has declined slightly compared to the previous quarter. The substantial debt of 84,377.94 Crore is a cause for concern. The stock's past performance is also a mixed bag, with significant gains over the past 3 years but losses in the past 6 months. Overall, while Bank of India presents potential, its current situation necessitates cautious observation before making any long-term investment decisions.

To predict the Bank of India's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Bank of India Share Price Target For 2024

 Bank of India Targets For 2024 Chart

The line chart displays the monthly closing prices of Bank of India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Bank of India shares in 2024, see the table below.

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Bank of India Share Price Target Table For 2024

Bank of India's LevelsValueReason/Importance
2024 Target 3111.90 (+2.88%)Price Action: Jun 2005 High
2024 Target 2110.79 (+1.86%)Price Action: 20 Sep 2024 High
2024 Target 1109.45 (+0.63%)Price Action: Oct 2016 Low
Current Price108.76 Bank of India's 1 share price as of Fri 04 Oct 2024
Stop Loss 1108.43 (-0.31%)Price Action: Chart
Stop Loss 2106.90 (-1.72%)Price Action: Mar 2019 High
Stop Loss 3105.75 (-2.77%)Price Action: Jan 2017 Low

Summary: Bank of India Share Price Prediction For 2024

In summary, Bank of India has declined by ₹-3.84, recording a notable -3.41% decrease from 1st January 2024 to 04 Oct 2024. Despite the setback, our analysis of Bank of India for 2024 predicts an additional rise of 0.63% to 2.88% by the end of 2024 with three potential targets T1: 109.45, T2: 110.79, T3: 111.90. Stop Loss at SL1: 108.43, SL2: 106.90, SL3: 105.75.

Bank of India has a 52-week high of ₹157.94, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹86.40, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Bank of India.

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Bank of India Share Price Target For 2025

 Bank of India Targets For 2025 Chart

The line chart displays the monthly closing prices of Bank of India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Bank of India shares in 2025, see the table below.

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Bank of India Share Price Target Table For 2025

Bank of India's LevelsValueReason/Importance
2025 Target 3160.94 (+47.97%)Price Action: Chart
2025 Target 2157.94 (+45.21%)Fibonacci Extension Level 100%
2025 Target 1155.19 (+42.69%)Custom Fibonacci Extension Lvl 64.9%
Current Price108.76 Bank of India's 1 share price as of Fri 04 Oct 2024
Stop Loss 197.35 (-10.5%)Price Action: Oct 2005 Low
Stop Loss 295.05 (-12.61%)Price Action: Nov 2023 Low
Stop Loss 393.05 (-14.45%)Price Action: Jun 2006 Low

Summary: Bank of India Share Price Prediction For 2025

In summary, Bank of India has declined by ₹-3.84, recording a notable -3.41% decrease from 1st January 2024 to 04 Oct 2024. Despite the setback, our analysis of Bank of India for 2025 predicts an additional rise of 42.69% to 47.97% by the end of 2025 with three potential targets T1: 155.19, T2: 157.94, T3: 160.94. Stop Loss at SL1: 97.35, SL2: 95.05, SL3: 93.05.

Bank of India has a All-Time high of ₹589.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹86.40, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Bank of India, we have created a specific page for that check here: Bank of India Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Bank of India Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

 Bank of India Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Bank of India share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 5.97% over the next 15 years.

For complete year by year Bank of India long term share price target from 2024, 2025 to 2039 check the below table.

Bank of India Share Price Target Table From 2024, 2025, 2026 to 2039

Year Bank of India TargetYoY Change %
2024₹108.76[Current Price]
2024₹126.8916.66%
2025₹133.445.16%
2026₹137.693.19%
2027₹158.7815.3%
2028₹1728.32%
2029₹177.873.41%
2030₹183.072.92%
2031₹185.361.25%
2032₹210.1913.39%
2033₹224.36.71%
2034₹228.852.02%
2035₹232.71.68%
2036₹233.030.14%
2037₹261.612.26%
2038₹276.65.73%
2039₹285.773.31%

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Bank of India Past Performance

BANKINDIA main
Bank of India has been listed on NSE for more than 27 years.
  • In 1997, Bank of India opening price was ₹63
  • As of Fri 04 Oct 2024 the price stands at ₹108.76.
  • This represents a Compound Annual Growth Rate (CAGR) of 1.97%.
  • In 27 years, an investment of 10,000 would have become ₹17,263.49.

As we wrap up, we hope you like our study on Bank of India share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Bank of India Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter