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Bank of India falls after poor Q4 results

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The result was announced during market hours today, 13 May 2013.

On BSE, 3.89 lakh shares were traded in the counter as against average daily volume of 1.32 lakh shares in the past one quarter.

The stock hit a high of Rs 341.45 and a low of Rs 326 so far during the day. The stock had hit a 52-week high of Rs 392.20 on 18 January 2013. The stock had hit a 52-week low of Rs 253.80 on 30 August 2012.

The stock outperformed the market over the past one month till 11 May 2013, gaining 14.10% compared with the Sensex's 8.52% rise. The scrip, however, underperformed the market in past one quarter, declining 2.24% as against Sensex's 3.4% gain.

 

The large-cap bank has equity capital of Rs 595.90 crore. Face value per share is Rs 10.

Bank of India's net profit rose 2.68% to Rs 2749.35 crore on 12.18% growth in total income to Rs 35674.96 crore in the year ended 31 March 2013 over the year ended 31 March 2012.

On a consolidated basis, the state-run bank's net profit rose 3.49% to Rs 2819.90 crore on 12.37% rise in total income to Rs 35880.43 crore in the year ended 31 March 2013 over the year ended 31 March 2012.

Bank of India's board of directors at its meeting held today, 13 May 2013, recommended a dividend of Rs 10 per share for the year ended 31 March 2013.

The Government of India held 64.11% stake in Bank of India (as per the shareholding pattern as on 31 March 2013).

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First Published: May 13 2013 | 2:06 PM IST

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