Thursday, August 3, 2023

Bank of India(BOI) @ 83.45 Near a Long Breakout

1. Bank of India (BOI) is a bank in India. It was established in 1906.

The bank is owned by the government since 1969.

2. The headquarters of BOI is in Bandra Kurla Complex, Mumbai.

BOI is a member of SWIFT, which helps with financial processing and communication.

3. Bank of India (BOI) has 5,108 branches and 5,551 ATMs worldwide, including 24 overseas branches.

4.  Bank of India is currently traded at 83.45.

5. Bank of India is a 10 rupee face value company.

5. Bank of India (BOI) is a part of the Nifty Bank, Bank of India (BOI) traded at P/E ratio of 6.84 and the Nifty Bank traded at P/E of 17.10, So the Company's P/E is less than INDEX P/E, this is a sign of cheap valuation.

6. Year high of Bank of India (BOI) is 103.50 and the Year low is 45.85 Although the year high/low ratio yet not stable below 2 but other indicators attract me to recommend this stock.

7. Net sale per share of Bank of India is 116.78 so, in net sale per share term, this stock is a value buy, if you are not read my research terms earlier than read these research terms here:- Research Terms of Mahesh Kaushik

8. Do not underestimate the power of net sale per share watch this 1-minute short video to understand how net sale per share recommendations give multi-bagger returns in the long run:-https://www.youtube.com/shorts/qWbJZNlzLCM

9. Book value of  Bank of India is 126.90 and CMP is 83.45

10. Base price ( 3 Years average price) of Bank of India is 61.93.

11. To download 3-year price data, base price, and graph;- Click here

12. BOI is a dividend-paying company for the last 2 Years it pay 2 rupees par share dividend.

14. Promoters of BOI is the government of India and the government hold 81.41% of shares and no any share pledged by promoters.  

15. For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA


 (Watch this video for automated STP price google sheet:-(https://www.youtube.com/watch?v=dpow44oGVY4)

16. Link of my Earlier STP recommendations:- 

https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing

17. Link of my books:- https://amzn.to/3IRNRHo

18. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 

 19. Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives not hold any shares of BOI so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (BOI). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates and relatives have not received any type of compensation from the subject company(BOI) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( BOI ). 6. I have been not engaged in the market-making activity for the subject company (BOI).

disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.