Bank of India is currently trading at Rs. 303.10, down by 5.85 points or 1.89% from its previous closing of Rs. 308.95 on the BSE.
The scrip opened at Rs. 305.00 and has touched a high and low of Rs. 306.05 and Rs. 300.00 respectively. So far 59368 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 588.00 on 07-Oct-2010 and a 52 week low of Rs. 290.25 on 26-Aug-2011.
Last one week high and low of the scrip stood at Rs. 323.50 and Rs. 300.00 respectively. The current market cap of the company is Rs. 16883.51 crore.
The promoters holding in the company stood at 65.86% while Institutions and Non-Institutions held 27.40% and 6.74% respectively.
Public sector lender, Bank of India has signed an MoU with Brickwork Ratings, a Sebi-approved credit ratings agency for certification of units in the Micro, Small and Medium Enterprises (MSME) sector. The MoU was signed on September 22, 2011 by Brickwork Ratings Founder Director D Ravishankar and Rakesh Sethi, the General Manager of Bank of India, Mumbai.
According to the MoU, the bank will encourage its MSME customers to have a professional rating done by Brickwork Ratings. The bank feels it is an important step toward encouraging the sector to enhance its accounting practices and corporate governance and bring it in line with the best practices in the industry.
Brickwork Ratings a talented team that understands the MSME sector, with offices in Mumbai, Delhi, Kolkata, Chennai, Hyderabad and Bangalore.
Recently, Bank of India (BoI) has entered into a Memorandum of Understanding (MoU) with Indian Army. As per the MoU the bank will open salary accounts of personnel of all ranks with host of benefits. This MoU comprises special features of package to the Army personnel in the form of ‘Jai Jawan Salary Plus Account’ providing many concessions.
| Company Name | CMP |
|---|---|
| SBI | 812.50 |
| Bank Of Baroda | 240.30 |
| Canara Bank | 99.65 |
| PNB | 100.70 |
| Union Bank Of India | 116.60 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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