Hold Bank of India; target Rs 230: Rajesh Agarwal

Written By Unknown on Kamis, 19 September 2013 | 16.02

Sep 19, 2013, 02.28 PM IST

According to Rajesh Agarwal, Head of Research of Eastern Financiers Limited, one may hold Bank of India with a target of Rs 230.

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Hold Bank of India; target Rs 230: Rajesh Agarwal

According to Rajesh Agarwal, Head of Research of Eastern Financiers Limited, one may hold Bank of India with a target of Rs 230.

Like this story, share it with millions of investors on M3

Hold Bank of India; target Rs 230: Rajesh Agarwal

According to Rajesh Agarwal, Head of Research of Eastern Financiers Limited, one may hold Bank of India with a target of Rs 230.

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Rajesh Agarwal, Head of Research of Eastern Financiers Limited told CNBC-TV18, "One may hold Bank of India with a target of Rs 230."

At 14:12 hrs Bank Of India was quoting at Rs 189.80, up Rs 13.05, or 7.38 percent.

The share touched its 52-week high Rs 392.20 and 52-week low Rs 126.95 on 18 January, 2013 and 28 August, 2013, respectively.

The company's trailing 12-month (TTM) EPS was at Rs 45.48 per share. (Jun, 2013). The stock's price-to-earnings (P/E) ratio was 4.17. The latest book value of the company is Rs 400.88 per share. At current value, the price-to-book value of the company was 0.47. The dividend yield of the company was 5.27 percent.


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