Bank of India shares rise as Board approves issuance of Long-Term Infra Bonds
The stock opened in Wednesday’s trading session at Rs 116.91 and reached an intraday high of Rs 117.25.
New Delhi: Public Sector Lender, Bank of India’s share are surged over by 0.65% as the Board of Directors of the Bank at their meeting held on 26th June, 2025, considered and approved issue of Long Term Infra Bonds to the tune of Rs. 20,000 Crore during the FY 2025-26.
The stock opened in Wednesday’s trading session at Rs 116.91 and reached an intraday high of Rs 117.25. The market capitalisation of the Bank is Rs 53.23K crore with P/E ratio of 5.57 with dividend yield of 3.46%. The stock has surged by 3.66% in the last five sessions.
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The 52-week high of the stock is at Rs 130.24. The stock gains over by 13.90% from YTD basis.
In terms of financial performance, the revenue from operations of the March-end quarter stood at Rs 8.23K crore, up by 37.46% YoY and the Net Income for the quarter stood at Rs 2.6K crore, up by 65.32% YoY.
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