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BankingMedium impactAfter close

Bank of India upgraded to strong buy on valuation metrics

Bank of India was upgraded to strong buy based on its attractive valuation metrics, including a P/E ratio of 6.83 and a PEG ratio of 0.26. The bank's dividend yield of 2.63% further enhances its investment appeal.

after close1 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 features a P/E ratio of 6.83 and a P/B value of 0.82, significantly lower than peers. Additionally, a PEG ratio of 0.26 indicates strong earnings growth potential, complemented by a dividend yield of 2.63%.

This upgrade highlights the bank's undervaluation, suggesting potential for capital appreciation and steady income for investors.

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 8 Feb 2026, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

BANKINDIA closed +2.9% on the day of the news, from ₹163.66 to ₹168.41; Nifty +0.7% over the same session; futures OI +5.2%.

Bulletin at 16:05 IST on 8 Feb 2026. Every change is measured from ₹163.66, the last close before it, on 6 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 it147.75163.66179.57axis spans 22%before the news · 6 Feb163.66Nifty 50BANKINDIAbulletinD0+1+3+52 Feb12 Feb23 FebFutures open interest, lotspeak 11,000Reference close ₹163.66. 16 sessions from 2 Feb to 23 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 %
Before6 Feb₹163.66basebase
On the day9 Feb₹168.41▲ +2.9%▲ +0.7%+2.2 pp difference
+1 session10 Feb₹167.57▲ +2.4%▲ +0.9%+1.4 pp difference
+3 sessions12 Feb₹165.28▲ +1.0%▲ +0.4%+0.6 pp difference
+5 sessions16 Feb₹165.61▲ +1.2%0.0%+1.2 pp difference
Gap at the open, % · ₹
▲ +1.4%+2.34 on 9 Feb
Day's range, % · ₹
2.9%≈ 4.8 high to low
Volume on the day
0.86×the 20-session average
Futures OI on the day
▲ +5.2%+500 lots · long build-up · price +2.9%
Futures OI open, lots
10,0009 Feb · 24 Feb expiry
Futures premium, ₹
+0.31+0.2% to spot
Puts per call, by OI
0.73from 0.70 the session before
Max pain
163from 162 the session before

Source NSE UDiFF bhavcopy · BANKINDIA on the desk →

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