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Motilal Oswal is bullish on Union Bank of India has recommended buy rating on the stock with a target price of Rs 165 in its research report dated May 12, 2024.

Buy Union Bank of India; target of Rs 165: Motilal Oswal

Analysts at Morgan Stanley expect the stock to remain weak in the near-term as there was no change in asset-quality estimates for FY25

Bank of India shares fall 11% as margins take a hit in Q4

Over the short term, the Nifty 50 may trend towards 22,650. Support is positioned at 22,350 on the lower end.

Hot Stocks: IDBI Bank, Aegis Logistics, Bank of India may deliver 10-15% return in short term

BOI has stated that it is currently in the process of lodging an appeal with the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC) against the order.

Bank of India receives Rs 1,128 crore tax demand order

The central bank also imposed a penalty on Indostar Capital Finance for rule violations.

RBI imposes monetary penalty on Bandhan Bank, Bank of India for rule violations

Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.

MFs raise stakes in 70% Nifty smallcap, midcap stocks in Q3, despite caution

Overall, the Nifty 50 will remain in a consolidation mode as long as it stays below 22,100 mark, experts said, adding the index is likely to take support at 21,500 level.

Top 10 bets from experts as uncertainty grips Nifty after hitting a new high

Morgan Stanley has stuck to its 'overweight' rating on the stock with the target at Rs 135 a share

Bank of India up nearly 3% on improved business in Q3

Bank of India engages in the provision of commercial and retail banking services. It operates through the following segments: Treasury, Wholesale Banking, and Retail Banking Operations. The Treasury Operations segment includes government and other securities, money market and forex operations. The Wholesale Banking Operations segment provides all advances which are not included under Retail Banking. The Retail Banking Operations segment provides the maximum aggregate exposure up to 5 crores. The company was founded by Sassoon Jacob Hai David, Ratanjee Dadabhoy Tata, Gordhandas Khattau, Cowasjee Jehangir, Lalubhai Samaldas, Khetsey Khiasey, Ramnarain Hurnundrai, Jenarrayen Hindoomull Dani, Noordin Ebrahim Noordin, and Shapurji Broacha on September 7, 1906 and is headquartered in Mumbai, India.

Watchers	485
52-Wk Low	69.50
52-Wk High	157.95

Volume	10.12M
52-Wk High	157.95
52-Wk Low	69.50

BANKINDIA.NSE Bank of India

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