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Bank of India Slips for Fifth Straight Session

Bank of India increased by around 1.4 per cent in last month.

On Monday, BOI is down for a fifth straight session. On NSE, the Bank of India was quoting at Rs 47.85, down 4.2 per cent. The stock is up for a third straight session today in the year 2021 compared to a 4.12 per cent down 0.94 per cent in NIFTY and 25.28 per cent down 24.86 per cent in the Nifty Pharma index.

The benchmark NIFTY is down around 1.2 per cent on the day. The Sensex is at 57506.72, down 1.02 per cent. Bank of India lost around 5.99 per cent in August month. Meanwhile, the Bank of India increased by around 1.4 per cent in August. Currently, the stock was quoting at 3053.7, down 2.81 per cent on the day. The volume in the stock stood at 23.13 lakh shares compared with the daily average of 40.72 lakh shares in August. The private equity of the stock is 6.31 based on TTM earnings ending June 22.

Earlier few months, the stock was quoting at Rs 46.8, down 1.89 per cent on the NSE. The benchmark NIFTY is down around 1 per cent daily, with 16898.75. The Sensex is at 56430.94, down 0.96 per cent. Bank of India lost around 7.78 per cent in April. The bank has eased around 4.6 per cent in the last month and is currently quoting at 2745.9, down 0.12 per cent on the day. The volume in the stock stood at 13.69 lakh shares on May 4, compared to the daily average of 34 lakh shares in April. The private equity of the stock is 6.42 based on TTM earnings ending December 21.

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