Indian Bank & Bank of India-backed multibagger penny stock under Rs 50: Board announces stock split – Promoter bought 14,25,125 shares! Indian Bank & Bank of India-backed multibagger penny stock under Rs 50: Board announces stock split – Promoter bought 14,25,125 shares! The stock gave multibagger returns of 117.5 per cent in just 10 months. Kiran Shroff / Tuesday, November 28, 2023 / Article rating: 3.8 The stock gave multibagger returns of 117.5 per cent in just 10 months.