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BankingMedium impactPre-market

Bank of India upgraded to strong buy on valuation metrics

pre-market1 source ↓written by the desknot a recommendation

Bank of India received a rating upgrade to strong buy due to its attractive valuation profile. The stock's P/E ratio is 6.83 and P/B ratio is 0.82, indicating significant undervaluation compared to peers. Additionally, a PEG ratio of 0.26 suggests that earnings growth is not fully reflected in its price, while a dividend yield of 2.63% offers steady income for investors.

This upgrade may attract more investor interest, potentially lifting the stock price in the near term.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 5 Feb 2026, 07:10 IST.

Sourcesnews.google.com

The market after the news

BANKINDIA closed +1.6% on the day of the news, from ₹160.93 to ₹163.46; Nifty −0.5% over the same session; futures OI −1.9%.

Bulletin at 07:10 IST on 5 Feb 2026. Every change is measured from ₹160.93, the last close before it, on 4 Feb. Nifty 50 is measured over the same sessions.

  • BANKINDIA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BANKINDIA closes around the bulletin against the close before the news, with Nifty 50 rebased to it145.29160.93176.57axis spans 22%before the news · 4 Feb160.93Nifty 50BANKINDIAbulletinD0+1+3+530 Jan10 Feb19 FebFutures open interest, lotspeak 11,000Reference close ₹160.93. 16 sessions from 30 Jan to 19 Feb; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before4 Feb₹160.93basebase
On the day5 Feb₹163.46▲ +1.6%▼ −0.5%+2.1 pp difference
+1 session6 Feb₹163.66▲ +1.7%▼ −0.3%+2.0 pp difference
+3 sessions10 Feb₹167.57▲ +4.1%▲ +0.6%+3.5 pp difference
+5 sessions12 Feb₹165.28▲ +2.7%▲ +0.1%+2.6 pp difference
Gap at the open, % · ₹
0.0%+0.02 on 5 Feb
Day's range, % · ₹
2.5%≈ 4.0 high to low
Volume on the day
0.76×the 20-session average
Futures OI on the day
▼ −1.9%−190 lots · short covering · price +1.6%
Futures OI open, lots
9,9005 Feb · 24 Feb expiry
Futures premium, ₹
+0.33+0.2% to spot
Puts per call, by OI
0.70from 0.77 the session before
Max pain
162from 160 the session before

Source NSE UDiFF bhavcopy · BANKINDIA on the desk →

Thread · BANKINDIAAll BANKINDIA bulletins →

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