Bank of India Share Price | Bank of India shares have earned 20 percent returns to its investors in the last one month.
Stock performance
On August 16, 2023, Bank of India stock was trading at Rs 89.55. On September 14, 2023, this banking stock reached a price of Rs 108.32. That means, in just one month, the shares of this company have earned 20 percent profit to its investors. On June 26, 2023, Bank of India stock was trading at Rs 73.20. The performance of this banking stock has been positive for the past few months. Bank of India stock price has increased by 47 percent in just six months.
Expert opinion
Stock market experts have expressed positive sentiments regarding Bank of India stock. Bank of India stock may rise further in the next 6 to 8 months, according to experts at Wellworth Share and Stock Broking Ltd firm. So experts have advised to buy Bank of India stock by placing a stop loss at Rs 65.
Technical analysis of stocks
According to experts, Bank of India stock is showing signs of strong growth. On the monthly chart, Bank of India stock has broken out at Rs 103.50. The PSU bank index is also witnessing growth. Small cap PSU banks have performed well in this growth. Bank of India stock gave a fresh swing breakout at Rs 103.50 on strong volume.
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News Title | Bank of India Share Price today on 16 September 2023.
