Bank of India trades higher on reporting 9% rise in global deposits during Q1FY25
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Bank of India is currently trading at Rs. 123.15, up by 2.25 points or 1.86% from its previous closing of Rs. 120.90 on the BSE.
The scrip opened at Rs. 121.50 and has touched a high and low of Rs. 123.85 and Rs. 121.00 respectively. So far 243718 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.00 on 30-Apr-2024 and a 52 week low of Rs. 76.71 on 14-Jul-2023.
Last one week high and low of the scrip stood at Rs. 123.85 and Rs. 117.30 respectively. The current market cap of the company is Rs. 55884.00 crore.
The promoters holding in the company stood at 73.38%, while Institutions and Non-Institutions held 20.34% and 6.28% respectively.
Bank of India has reported 9.09% rise in global deposits to Rs 7,59,836 crore (Provisional) as of June 30, 2024 (Q1FY25) as compared to Rs 6,96,544 crore as of June 30, 2023 and on quarter-on-quarter (QoQ) basis stood at Rs 7,37,920 crore as of March 2024. Its global gross advances were up by 15.78% to Rs 6,00,054 crore (Provisional) in Q1FY25 as against Rs 5,18,264 crore as of June 30, 2023.
Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.
