Moody downgrades Bank Of India; stock slips

Moody has downgraded Bank Of India to D versus D+. However, keeps the outlook stable, reports CNBC-TV18.
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Mar 07, 2012, 02.42 PM | Source: Moneycontrol.com

Moody downgrades Bank Of India; stock slips

Moody has downgraded Bank Of India to D versus D+. However, keeps the outlook stable, reports CNBC-TV18.

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Moody downgrades Bank Of India; stock slips

Moody has downgraded Bank Of India to D versus D+. However, keeps the outlook stable, reports CNBC-TV18.

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Moody has downgraded Bank Of India to D versus D+. However, keeps the outlook stable, reports CNBC-TV18.

Bank Of India touched an intraday high of Rs 355 and an intraday low of Rs 340. At 13:39 hrs the share was quoting at Rs 346.00, down Rs 6.45, or 1.83%.
 
It was trading with volumes of 71,529 shares. In the previous trading session, the share closed down 0.59% or Rs 2.10 at Rs 352.45.

The company's trailing 12-month (TTM) EPS was at Rs 45.48 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 7.61. The latest book value of the company is Rs 291.86 per share. At current value, the price-to-book value of the company was 1.19. The dividend yield of the company was 2.02%.

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Moody downgrades Bank Of India; stock slips

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