Buy Bank of India, target Rs 205: Shrikant Chouhan
ETMarkets.com|
Nov 03, 2017, 08.46 AM IST
Shrikant Chouhan of Kotak Securities Limited has a buy call on Bank of India with a target price of Rs 205.
The current market price of Bank of India is Rs 193.60.
Time period given by the analyst is intraday when Bank of India price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 189.
Bank of India, incorporated in the year 1906, is a banking company (having a market cap of Rs 22,932.82 Crore).
Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 27,187.86 Crore to Sales Value (69.19 per cent of Total Sales), Income From Investment which contributed Rs 9059.92 Crore to Sales Value (23.05 per cent of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 2012.21 Crore to Sales Value (5.12 per cent of Total Sales) and Interest which contributed Rs 1030.86 Crore to Sales Value (2.62 per cent of Total Sales)for the year ending 31-Mar-2017.
The current market price of Bank of India is Rs 193.60.
Time period given by the analyst is intraday when Bank of India price can reach defined target.
Shrikant Chouhan recommended to keep a stop loss at Rs 189.
Bank of India, incorporated in the year 1906, is a banking company (having a market cap of Rs 22,932.82 Crore).
Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 27,187.86 Crore to Sales Value (69.19 per cent of Total Sales), Income From Investment which contributed Rs 9059.92 Crore to Sales Value (23.05 per cent of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 2012.21 Crore to Sales Value (5.12 per cent of Total Sales) and Interest which contributed Rs 1030.86 Crore to Sales Value (2.62 per cent of Total Sales)for the year ending 31-Mar-2017.
