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BANK OF INDIA50.40 -0.60 (-1.18%)

  • BSE: 532149
  • |
  • NSE: BANKINDIA
  • |
  • ISIN NO: INE084A01016
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  • INDUSTRY: Banks
Profile

BANKINDIA

Bank of India or BANKINDIA

The Bank of India was founded on September 07, 1906 by a group of eminent businessmen in Mumbai. It was also under private ownership and control until July 1969 when it was nationalized along with the 13 other banks. It started with its first office in Mumbai with a paid-up capital of about INR 50 lakh and 50 employees, soon the Bank has made a rapid growth over the years and blossomed itself into a mighty institution with a robust national p ... resence as well as sizable international operations. In terms of Business, the Bank occupies a premier position among the other banks which were nationalized. Currently, it has 3101 branches in India which are spread across all states/ union territories, including 141 specialized branches. These branches are controlled via 48 different Zonal Offices. There are also 29 branches and offices which include the three representative offices overseas. It also came out with its maiden public issue in 1997 and followed on Qualified Institutions Placement as in February 2008. The acknowledged total number of shareholders as on September 30, 2009, is approximately 2, 15,790. And while firmly adhering to a particular policy of prudence and caution, the Bank has been at the forefront of introducing different types of innovative services and systems. It has also conducted a successful blend of traditional values and the ethics which go along with the most modern infrastructure. Bank of India has also been the first among the other nationalized banks to establish a fully computerized branch with the ATM facility at the Mahalaxmi Branch in Mumbai in the year 1989. Also, the Bank is a founder member of SWIFT in India, and it has pioneered the Health Code System Introduction in the year 1982, for evaluating and rating its credit portfolio accurately. Bank of India is in association with the capital market goes back to the year 1921 when it agreed with the Bombay Stock Exchange or BSE to manage the entire BSE Clearing House. In this particular association, it has blossomed into a joint venture with BSE, also known as the BOI Shareholding Ltd. for extending the depository services to the stockbroking community.

Some of its International Operations overseas:

The Bank has a presence across 4 continents and 18 countries covering all the major financial centers such as New York, London, Singapore, Paris, Tokyo, and Hong Kong. As on March 31, 2011, the Bank has a network of approximately 29 branches and offices overseas, which include 5 representative offices abroad. The Bank has also received special permission from RBI to expand its overseas operations in countries such as Bangladesh, China, Canada, Egypt, Qatar, New Zealand, Madagascar, South Africa, UAE, UK (Leeds and Coventry) and Vietnam. In New Zealand, the first subsidiary Bank of India in New Zealand Limited was registered as a bank by the local regulators of RBNZ on March 31, 2011. The Bank also has a Global Processing Centre (GPC) in Singapore with an identical IT system at Bank. The foreign branches are improving the Management Information system as well as customer service.

Some of the Products and Services:

The Bank has provided a wide range of products and services in deposits, cards, NRI banking, loans, and online services such as Internet banking. Here are some of the new products and services introduced:
  1. The Kits were added for the NRI Customers opening NRE/ NRO accounts at the overseas centers.
  2. The Calculation of interest on Savings Bank Account from April 01, 2010, has been changed from a monthly product basis to a daily product basis.
  3. It has launched Marathi version of the Bank website
  4. The Bank introduced the issuance of insta–pin for Debit–cum–ATM Card. It will address the customer grievance for non-receipt of Re–pin and also save the effort and expense in generating and mailing Re–pins.
  5. And as a fraud prevention measure, the SMS alerts – Star Sandesh are created and also provided to all customers who have already registered their mobile number with the Bank for all the Debit transactions from delivery channels.
  6. It enables internet banking customers to make online Fixed Deposit.
  7. Star eTrade, which is an online share trading – It is an integration with the Gupta Equities who have extended the facility of online e–Payment to the customers holding Bank Debit–cum–ATM card. It also enables the customers to use their Debit–cum–ATM cards for e–payments in addition to credit card and Internet banking account.
  8. The Mobile banking facility has been introduced as the latest alternate delivery channel which allows its customers to perform all the banking activities virtually from the convenience of the Mobile phone at any time and from anywhere. And this facility is extended to all Retail internet banking customers.
  9. The Online Interbank Fund Transfer across banks, through Star Connect Internet Banking Services, using RTGS/ NEFT
  10. BOI Star e–Pay for Autopay or online payment of various utility services/ bills.
  11. E–Payment for Direct & Indirect, Central Excise & Service Tax, and e–Freight Payment.
  12. Online payment of the Directorate General of Foreign Trade (DGFT) license fees.
  13. Online Application for an education loan, online booking of Railway & Airlines ticket.
  14. Facility to make an online bid–cum–application for Application Supported by Blocked Amount (ASBA) IPO issues by retail internet banking customers having an account with any DPO.

Bank Subsidiaries:

  1. BOI Shareholding Ltd. or BOISL
  2. Securities Trading Corporation of India Ltd. or STCI
  3. Star Union Dai–ichi Life Insurance Company Ltd. or SUDLife
  4. ASREC (India) Ltd. (Associate)
  5. Indo Zambia Bank Ltd. (IZB)
  6. PT Bank Swadeshi Tbk, Indonesia
  7. Bank of India (Tanzania) Ltd.
  8. Bank of India (New Zealand) Ltd.

The Milestones:

  1. It was also the first nationalized Bank to establish a fully computerized and ATM facility.
  2. It became the first Indian Bank to open its branch outside the country in London in 1946.
  3. It became the first Bank to open an office in Europe – Paris in the year 1974.
  4. It is the first PSU Bank in India which has implemented a Two-factor Authentication or 2FA known as Star Token for both the Retail as well as the corporate internet banking customers as an additional security measure.

Some Awards:

2010–2011:
  • The Bank also received the Winners Award in International Banking Technology Award 2010 from IBA in the Best Business Enablement Initiative category in recognition of its achievement in Banking Technology for the Year 2009.
  • The Bank was adjudged FE–EY as the Most Efficient Public Sector Bank 2010 by Dalal Street.
  • The Mumbai North Zone of the Bank received the Third Prize for the use of Official Language Hindi in Bank from Government of India, Ministry of Home Affairs, and Official Language Department.

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Key Data
  • Market cap 13762.00 CR.
  • Book value 133.71
  • Stock P/E 0
  • Dividend Yield 0.00%
  • ROCE 3.60%
  • ROE -7.03%
  • Sales Growth (3Y) 2.53%
  • Face Value (3Y) 10.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Not Clear
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Lower High Lower Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 44.13 46.63 49.13 50.07 51.63 52.57 54.13 56.63 59.13
woodie's 46.76 49.26 49.98 51.75 52.48 54.25 54.98 56.75 59.25
fibonacci - 49.13 50.09 50.68 51.63 52.59 53.18 54.13 -
camarilla 49.62 50.31 50.54 50.77 -- 51.23 51.46 51.69 52.38
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 48.55
56.75
53.04 -3.77 % 0.10 %
20 DAY 48.50
56.75
51.59 3.03 % 2.30 %
50 DAY 39.90
56.75
48.99 5.70 % 8.53 %
100 DAY 38.20
56.75
45.58 29.11 % 21.59 %
200 DAY 31.00
59.00
44.23 2.62 % 33.90 %
YTD 48.55
56.75
52.03 4.51 % 2.72 %
52 Week 30.40
79.80
52.49 -23.65 % 18.71 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-06-03
35.65 ~ 35.45 SUPPORT
Unfilled Gap Up On 2020-06-01
31.90 ~ 31.80 SUPPORT
Unfilled Gap Down On 2018-02-14
141.45 ~ 141.80 RESISTANCE
Unfilled Gap Down On 2018-02-02
152.15 ~ 152.75 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by -25.50 %

In Last 5 Year the industry has grown by 0.00 %

Peer comparison

Sales

COMPANY NAME20152016201720182019
BANKINDIA43685.0042093.0039585.0038313.0041005.00
SBIN207974.00220633.00230447.00228970.00253322.00
ICICIBANK54964.0059294.0060940.0062162.0071982.00
HDFCBANK50666.0063162.0073271.0085288.00105161.00
AXISBANK35727.0041409.0045175.0046614.0056044.00
Total 78603.20 85318.20 89883.60 92269.40 105502.80 78603.20

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE GNPA REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 HDFC Bank Ltd 801329.42 1462.40 272.34
2 ICICI BANK LTD. 348309.70 538.10 167.47
3 KOTAK MAHINDRA BANK LTD. 343159.39 1795.15 224.42 2.16%
4 STATE BANK OF INDIA 250691.96 280.90 247.53
5 AXIS BANK LTD. 185739.66 658.60 236.40
6 INDUSIND BANK LTD. 59024.46 851.25 384.70 2.45%
7 Bandhan Bank Ltd 49836.45 309.45 69.57
8 LAKSHMI VILAS BANK LTD. 26018.79 7.65 56.21
9 BANK OF BARODA 34099.53 73.80 99.43
10 PUNJAB NATIONAL BANK 23063.06 34.20 66.47
11 Dhanlaxmi Bank Limited 25247.98 9.93 30.08
12 IDBI BANK LTD. 28027.97 27.00 36.23
13 AU Small Finance Bank Ltd 26761.18 881.00 65.83
14 BANK OF INDIA 16561.36 50.50 127.20
15 IDFC First Bank Ltd 23065.74 48.10 37.92
16 CANARA BANK 13756.44 133.60 351.16
17 FEDERAL BANK LTD. 14185.92 71.20 66.62 2.82%
18 CITY UNION BANK LTD. 12752.82 173.20 65.79
19 UNION BANK OF INDIA 10405.58 30.40 77.38
20 RBL Bank Ltd 11327.13 222.75 148.46 3.62%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 15.14
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 69.37
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BANKINDIA 2008-10-20 MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. S 3537000.00 295.75
BANKINDIA 2008-10-20 MORGAN STANLEY MAURITIUS COMPANY LIMITED P 3537000.00 295.75
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BANKINDIA 2008-03-12 SWISS FINANCE CORPORATION LTD S 1500000.00 282.00
BANKINDIA 2008-03-12 MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. P 1500000.00 282.00
BANKINDIA 2008-03-11 MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. S.V. P 1500000.00 267.00
BANKINDIA 2008-03-11 SWISS FINANCE CORPORATION LTD S 1500000.00 267.00
BANKINDIA 2006-05-04 UBS SECURITIES ASIA LTD. P 4824977.00 140.25
BANKINDIA 2006-05-04 THAKRAL LIMITED S 4824977.00 140.25
BANKINDIA 2006-04-24 THAKRAL LIMITED S 4300000.00 123.75
BANKINDIA 2006-04-24 UBS SECURITIES ASIA LTD. P 4300000.00 123.75
Dividend history
Ex Date Amount
2015-07-10 5.00
2014-01-23 5.00
2013-06-20 10.00
2012-06-21 7.00
2011-07-07 7.00
2010-07-08 7.00
2009-07-02 5.00
2009-03-13 3.00
2008-07-03 4.00
2007-06-29 1.50
2001-06-21 1.50
2000-07-11 0.00
Bonus Data
Company Name Split Date From Value To Value
Split Data
Company Name Split Date From Value To Value