Bank of India (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Bank of India Limited |
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Price: ₹103.03 | ||
| 52 Week Low: ₹96.00 52 Week High: ₹157.95 |
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| Market Capital: 47,607.27 Crore (Largecap) | |||
| Financial Services -> Banks—Regional | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Bank of India Share Price Target For 2024
- 1.1.1: Bank of India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Bank of India Share Price Target For 2025
- 1.2.1: Bank of India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Bank of India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Bank of India Brief Company Overview
- 4: Bank of India Financial Performance
- 4.0.1: Is Bank of India A Good Buy For Long Term?
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
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.
Bank of India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 108.33 (+5.14%) | Price Action: Nov 2023 High |
| 2024 Target 2 | 107.21 (+4.05%) | Price Action: Jul 2016 High |
| 2024 Target 1 | 106.13 (+3.00%) | Price Action: Jul 2005 High |
| Current Price | 103.03 | Bank of India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 101.5 (-1.49%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 2 | 99.78 (-3.16%) | Price Action: 25 Oct 2024 High |
| Stop Loss 3 | 98.59 (-4.31%) | Price Action: Mar 2007 Low |
Short-Term Technical Outlook
Current Technical Position: Bank of India is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹108.05 serves as the nearest technical reference point.
Historical Returns: 3-month: -6.84% | 6-month: -12.55% | 1-year: -6.41%
Bank of India Share Price Target For 2025
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.
Bank of India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 144.88 (+40.61%) | Price Action: Chart |
| 2025 Target 2 | 142.18 (+37.99%) | Price Action: Chart |
| 2025 Target 1 | 140.77 (+36.63%) | Fibonacci Extension Level 64.90% |
| Current Price | 103.03 | Bank of India's share price as of 20 Dec 2024 |
| Stop Loss 1 | 93.82 (-8.94%) | Price Action: Sep 2018 High |
| Stop Loss 2 | 92.86 (-9.88%) | Price Action: Jun 2016 High |
| Stop Loss 3 | 91.79 (-10.91%) | Price Action: Mar 2006 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Bank of India is currently trading near its 52-week low of ₹96, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -6.41% | 3-year: +120.06% | 5-year: +60.68%
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Approach 2: Machine Learning By Studying Historical Prices
Bank of India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹103.03 | ||
| 2024 | ₹115.55 | +12.15% | ₹117.28 |
| 2025 | ₹111.36 | -3.63% | ₹118.24 |
| 2026 | ₹105.90 | -4.90% | ₹116.78 |
| 2027 | ₹113.06 | +6.76% | ₹115.31 |
| 2028 | ₹113.85 | +0.70% | ₹115.56 |
| 2029 | ₹109.85 | -3.51% | ₹112.86 |
| 2030 | ₹105.81 | -3.68% | ₹107.40 |
| 2031 | ₹100.57 | -4.95% | ₹102.08 |
| 2032 | ₹107.31 | +6.70% | ₹108.92 |
| 2033 | ₹108.00 | +0.64% | ₹109.62 |
| 2034 | ₹104.14 | -3.57% | ₹105.70 |
| 2035 | ₹100.26 | -3.73% | ₹101.76 |
| 2036 | ₹95.23 | -5.02% | ₹98.85 |
| 2037 | ₹101.56 | +6.65% | ₹103.08 |
| 2038 | ₹102.15 | +0.58% | ₹103.68 |
| 2039 | ₹99.73 | -2.37% | ₹101.23 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Bank of India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 47,607.27 Crore | Market valuation of Bank of India's shares. |
| Revenue (TTM) | 26,118.81 Crore | Total revenue generated by Bank of India over the past twelve months. |
| Net Income (TTM) | +78,139,523,072.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +41.66% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +29.91% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+12.70% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+61.60% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
1.6 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,18,851.96 Crore | Sum of Bank of India's current & long-term financial obligations. |
| Total Cash | 81,789.6 Crore | Total amount of liquid funds available to Bank of India. |
| Beta | 1.28 | Beta 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 (BOI), a large-cap stock with a market capitalization of ₹47,607.27 crore, presents a mixed picture for long-term investors. While its Q2 2024-25 report shows impressive net profit (₹7,813.95 crore) and a strong profit margin (29.91%), a substantial debt of ₹1,18,851.96 crore raises concerns. Positive aspects include a significant cash balance (₹81,789.6 crore) and a 61.6% year-on-year earnings increase. However, recent performance shows volatility (-18.08% in the past 3 months, -33.51% in the past 6 months). Considering the risks and the mixed performance, BOI is an average buy for the long term, requiring careful monitoring.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
