Is Bank of India Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Bank of India Limited pays dividends. Last time was Thursday 25th of July 2024 where the investors holding the stock on Tuesday 18th of June 2024 were paid INR2.8 per share. Over the last 21 times between 2002 and 2024, Bank of India Limited has paid INR76.8 with an average of INR3.66 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Bank of India Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR66.10, you would have made a profit of INR49.65 per share or 75.11%
Yes, the average daily trading liquidity for Bank of India Limited is INR9.19 million. You should therefore be able to get in and out of your positions relatively fast.
Bank of India Limited has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. Bank of India Limited has a good net profit margin of 13.60% and should have high tolerances against inflation.
We have calculated the inflation risk for Bank of India Limited to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.