Analysts cut target to INR 170 for Bank of India stock

Published on 10/14/2026 at 01:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The target fell from INR 188.00 to INR 170.00 on October 1, 2026. Bank of India stock last traded at INR 134.34 on October 13, 2026.

Valuation and operating dates

Analysts reduced the Bank of India valuation target to INR 170.00 on October 1, 2026.
Bank of India reported INR 200.97 billion in revenue and INR 31.38 billion in net profit for the first quarter of fiscal 2027.
Bank of India last traded at INR 134.34 on NSE on October 13, 2026.
A proposed continuous union strike is scheduled to begin on October 26, 2026.

Bank of India, INE084A01016, Illustration mit AI erstellt.

Bank of India stock faces a lower valuation mark after analysts trimmed their target from INR 188.00 to INR 170.00 in an update shared October 1, 2026, per Simply Wall St. The revised target stands 26.54 percent above the NSE price of INR 134.34 dated October 13, 2026.

Three milestones shape the story

On June 30, 2026, Bank of India reported revenue of INR 200.97 billion and net profit of INR 31.38 billion for the first quarter of fiscal 2027, according to Equitytale. The quarter's net profit was 77.90 percent higher than the INR 17.64 billion reported for the year-earlier period, as Equitymaster reported.

On August 14, 2026, the bank appointed Vineet Srivastava as chief financial officer and approved plans to raise up to USD 1.00 billion through a medium-term note program, according to Simply Wall St. The sequence places capital access and management execution alongside the stronger quarterly earnings profile.

What does the target cut change?

The INR 18.00 reduction in the valuation target signals a more cautious model, even though the target remains above the October 13 NSE price. Simply Wall St linked the revision to lower assumed profit margins and a more conservative future price-to-earnings multiple.

Dates investors can track

United Forum of Bank Unions served notices covering a continuous strike from October 26, 2026, according to Simply Wall St. The same source said Bank of India planned measures to keep branches and offices functioning during the proposed strike periods.

Stock remains below the target

Bank of India last traded at INR 134.34 on the NSE on October 13, 2026, while its market capitalization was INR 611.6 billion. The company is listed under the ticker BANKINDIA and operates in the financial services sector. The further course of trading is shown by the continuously updated real-time quote of Bank of India stock.