Analyst flags margin pressure as Bank of India rises post-Q1
Bank of India's Q1 net profit surged 32% to ₹2,252 crore, aided by fee income and treasury gains. However, NII fell 3% and NIM slipped to 2.8%, highlighting margin pressure. SEBI-registered analyst SharesNServices remain cautiously optimistic, noting improved asset quality and strong capital ratios. A breakout above ₹122 could trigger fresh upside.