Bank of India spurts 1.71%, up for third straight session

Bank of India rose for a third straight session today. The stock is quoting at Rs 119.33, up 1.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 24712.8. The Sensex is at 80888.47, up 0.58%. Bank of India has dropped around 2.2% in last one month.

Meanwhile, Nifty PSU Bank index of which Bank of India is a constituent, has dropped around 4.01% in last one month and is currently quoting at 6926.15, up 1.47% on the day. The volume in the stock stood at 30.75 lakh shares today, compared to the daily average of 88.6 lakh shares in last one month.

The PE of the stock is 8.29 based on TTM earnings ending June 24.