Welcome to another post from Bycraz Hunt. In this post, you can read amazing details and share predictions for the Bank of India. So you can carefully read all the details of the Bank of India. You people should not have any problem buying shares of Bank of India stock.
In this article, I am going to make predictions about the stock price of the Bank of India in front of you guys. I would love it if you guys find this information beneficial for you.
What is the Bank of India?
Bank of India is an Indian public sector bank and Bank of India is a commercial bank the headquarters of Bank of India is located in Bandra Kurla complex in Mumbai.
Small History Of Bank Of India
The Bank of India was established in 1906 by a private sector company. Later, on September 7, 1969, the Bank of India was nationalized and became a part of the government, and this bank was run by the government.
In 1969, the Bank of India was nationalized by 13 banks. This bank has more than 5,000 branches all over India, which are spread in every state and even in union territories.
In the beginning, the paid-up capital of the Bank of India was ₹5 million in one office in Mumbai. From the beginning until now, this bank has been slowly moving forward.
The Bank of India’s total assets in 2021 were ₹725,856.45 crore (US$91 billion), and its total revenue up to 2022 was ₹45,955 crore (US$5.8 billion).
Bank of India Stock Price Analysis
Now I will tell you about the stock price of the Bank of India. The stock price of the Bank of India is amazing, and the price is increasing gradually.
If we talk about the share price of the Bank of India, then in 1999 there was a share of only ₹ 22. After that, the share price of Bank of India went from ₹ 22 to ₹ 192 from 1999 to December 15, 2006. You can understand the price of 1 share.
After that, the very good days of the Bank of India came when, on October 15, 2010, the price of 1 share of this bank became ₹532. This was the first time in the history of the Bank of India that the price of a share had become so high.
For example, if the person who bought 100 shares of Bank of India in 1999 would have reached the value of 53000 rupees in 2010, you can guess from this.
However, the bad days of the Bank of India started from 2010 onwards, and since then, the share price of the Bank of India has started declining gradually.
Since then, the share price of the Bank of India has been decreasing gradually. Now the time came when the price of one share became only ₹35, and that day was April 30, 2020.
But from 2020 onwards, the share price of Bank of India started increasing gradually. Its share price reached Rs 67.50 in 2022.
You Can See The Market Summary Of Bank Of India From Starting Till 2022
| BOI Year | Share price In ₹ |
|---|---|
| 1999 | 22.50 |
| 2000 | 14.40 |
| 2001 | 15.15 |
| 2002 | 37.45 |
| 2003 | 63.75 |
| 2004 | 94.30 |
| 2005 | 122.15 |
| 2006 | 19.60 |
| 2007 | 371.95 |
| 2008 | 295.00 |
| 2009 | 360.15 |
| 2010 | 532.70 |
| 2011 | 310.05 |
| 2012 | 270.80 |
| 2013 | 215.60 |
| 2015 | 134.50 |
| 2016 | 117.05 |
| 2019 | 93.15 |
| 2020 | 75.90 |
| 2021 | 51.40 |
| 2022 | 67.50 |
Bank Of India Share Price (1999–2022)
From the first market summary of the Bank of India, you can guess whether you can invest in it or not. Those who invest in the stock market invest in a market only after seeing the situation behind them.
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Bank of India’s market summary is not that good and not so bad, anyone can invest in it for the short term.
And you can also invest in the Bank of India for the long term. Because most of the people now know what the stock market is and how to invest. I have information, due to this, Many people have started investing after seeing the market summary and the share price of Bank of India has also seen growth in a few days.
Bank of India Price Predictions 2023
The share price of Bank of India as of 2022 is ₹ 69. Apart from this, the share price of the Bank of India is expected to go up to ₹ 101 in 2023; the minimum is estimated to be ₹ 85. For a few days, the stock price of Bank of India’s stock has been moving upwards. This prediction has been made by looking at the history of the Bank of India.
| Maximum Price in ₹ | Average Price in ₹ | Minimum Price in ₹ |
|---|---|---|
| 101 | 93 | 85 |
Bank of India Price Predictions 2024
Bank of India’s 2023 stock predictions are done, but now the rest is about 2024 predictions, which proved to be very difficult for me when I was doing predictions.
In 2024, the stock share price of Bank of India will be above ₹152, or the minimum price will be around ₹130, or the average will be ₹140 to ₹145.
I am making these predictions in front of you guys with complete research because the Bank of India is growing very fast and its stock price is also increasing rapidly.
| Maximum Price in ₹ | Average Price in ₹ | Minimum Price in ₹ |
|---|---|---|
| 152 | 140 | 130 |
Bank Of India Price Predictions 2025.
Now it is the turn of 2025 stock predictions 2025, I may see a decline in the share price of Bank of India, or according to the prediction, I am saying not much fall, but there may be a slight decline, what do you have to say in the opinion of people, you can say in the comment section.
Bank of India’s maximum price is going to be seen as ₹175 or the average price will be ₹165 and the minimum price will be 150.
| Maximum Price in ₹ | Average Price in ₹ | Minimum Price in ₹ |
|---|---|---|
| 172 | 165 | 150 |
Bank Of India Price Prediction 2030.
You can see a huge change in the price prediction of the Bank of India in 2030, and it can also be a huge opportunity for you.
Because of the way the price of Bank of India’s stock has changed in the previous round, there may be a big change in the share price of Bank of India in 2030.
The maximum price you can see is more than ₹500, the average price can be seen near ₹450, and the minimum price can be seen near ₹400, which can also bring you an opportunity in 2030.
| Maximum Price in ₹ | Average Price in ₹ | Minimum Price in ₹ |
|---|---|---|
| 500 | 450 | 400 |
Bank Of India Price Prediction 2040
The way Bank of India’s stock share price has been mastered in the early stages, according to it, in 2040, the price of Bank of India’s shares will be very high, which you cannot even imagine.
In 2040, the maximum share price of Bank of India will be close to ₹ 1000, which will bring a big opportunity for you in the year 2040 if you have invested in Bank of India. And the average price can remain near ₹945 and the minimum price can remain near ₹850.
| Maximum Price in ₹ | Average Price in ₹ | Minimum Price in ₹ |
|---|---|---|
| 1000 | 945 | 850 |
Is the Bank of India a long-term stock?
After fully analyzing the share price of Bank of India, I will tell you that if you guys invest in Bank of India for the short term, then it will be much better. If you invest in the Bank of India for a long time, then you will have to take some risk.
And the way the share price of every single bank in India is increasing towards growth, according to this, in the coming time, the share price of many banks in India will be very high if you people have invested. You guys will have fun in the coming time.
Conclusion
I have predicted the share price of the Bank of India in front of you guys. Predictions for 2023, 2024, 2025, 2030, and 2040 have been done by Bycraz Hunt. What is your opinion? Tell us in the comment section.
After thorough analysis from my side, I have put the stock share price of Bank of India in front of you guys because many people didn’t know about the Bank of India share price in the coming time Through this prediction, I have tried my best to help.
Thanks for visiting our site and very thankful for reading my article.
