Bank of India surges on reporting 9% rise in total deposits during Q3FY24
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Bank of India is currently trading at Rs. 121.15, up by 3.00 points or 2.54% from its previous closing of Rs. 118.15 on the BSE.
The scrip opened at Rs. 120.75 and has touched a high and low of Rs. 121.80 and Rs. 120.20 respectively. So far 848960 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 122.35 on 05-Jan-2024 and a 52 week low of Rs. 66.05 on 27-Feb-2023.
Last one week high and low of the scrip stood at Rs. 122.35 and Rs. 116.30 respectively. The current market cap of the company is Rs. 55155.57 crore.
The promoters holding in the company stood at 81.41%, while Institutions and Non-Institutions held 12.47% and 6.12% respectively.
Bank of India has reported 8.66% rise in total deposits (Global) to Rs 7,10,307 crore (Provisional) as of December 31, 2023 (Q3FY24) as compared to Rs 6,53,691 crore as of December 31, 2022 and on quarter-on-quarter (QoQ) basis stood at Rs 7,03,751 crore as of September 2023. Its gross advances were up by 11.49% to Rs 5,66,081 crore (Provisional) in Q3FY24 as against Rs 5,07,750 crore as of December 31, 2022.
Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.
