After the announcement of it's results, the stocks fell to a low of Rs 231. Bank of India ended down 6% (Rs 16) at Rs 235.
A total of 1.8 million shares were traded on the BSE today.
Updated at 1247 hrs
Bank of India today opened up Rs 4, at Rs 255 this morning. The stock touched a high of Rs 256, but could not hold gains and slipped to a low of Rs 246.
The stock is now flat at Rs 248, inspite of a 7% rise in net profit in Q4.
According to a release issued by the bank to the BSE today, the net profit of the bank has increased 7% to Rs 810 crore for the quarter ended March 31, 2009 when compared to Rs 757 crore for the quarter ended March 31, 2008.
The Q4FY09 total income has surged 27% to Rs 5,278 crore from Rs 4,155 crore in a year ago period.
