MAHABANK

Bank of Maharashtra Share Price

₹61.02
+ 2.3 (3.92%)
13 September, 2024 19:15 BSE: 532525 NSE: MAHABANK ISIN: INE457A01014

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Bank of Maharashtra Performance

Day Range

  • Low 59
  • High 61
₹ 61

52 Week Range

  • Low 39
  • High 74
₹ 61
  • Open Price59
  • Previous Close59
  • Volume12354134

Bank of Maharashtra Chart

  • Over 1 Month -0.16%
  • Over 3 Month -9.29%
  • Over 6 Month + 3.95%
  • Over 1 Year + 48.47%

Bank of Maharashtra Key Statistics

P/E Ratio 9.6
PEG Ratio 0.2
Market Cap Cr
Price to Book Ratio 2.3
EPS 5.7
Dividend 2.3
Relative Strength Index 46.95
Money Flow Index 53.6
MACD Signal -0.95
Average True Range 1.5

Bank Of Maharashtra Investment Rating

  • Master Rating:
  • Bank Of Maharashtra has an operating revenue of Rs. 24,844.33 Cr. on a trailing 12-month basis. An annual revenue growth of 29% is outstanding, Pre-tax margin of 17% is great, ROE of 22% is exceptional. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 97 which is a GREAT score indicating consistency in earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 158 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bank of Maharashtra Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 5,8755,4675,1715,0684,7894,495
Operating Expenses Qtr Cr 1,3991,3961,1341,1791,1051,154
Operating Profit Qtr Cr 2,2942,2102,0121,9201,8631,855
Depreciation Qtr Cr 000000
Interest Qtr Cr 3,0762,8822,7062,6362,4492,308
Tax Qtr Cr 5050341620571
Net Profit Qtr Cr 1,2931,2181,036920882840
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 23,49318,179
Operating Expenses Annual Cr 4,8143,922
Operating Profit Annual in Cr 8,0056,099
Depreciation Cr 223262
Interest Annual Cr 10,6738,158
Tax Annual Cr 0846
Net Profit Annual Cr 4,0552,602
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 11,597-1,438
Cash from Investing Activity Annual Cr -275-177
Cash from Financing Annual Activity Cr 461228
Net Cash Flow Annual Cr 11,783-1,387
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 19,67415,610
Fixed Assets Annual Cr 2,2102,157
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 236,654196,628
Total Assets Annual Cr 307,138267,651
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2823
ROE Annual % 2218
ROCE Annual % 65
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 5,8755,4675,1725,0684,7894,495
Operating Expenses Qtr Cr 1,3991,3961,1341,1791,1061,154
Operating Profit Qtr Cr 2,2952,2102,0121,9211,8641,855
Depreciation Qtr Cr 000000
Interest Qtr Cr 3,0752,8822,7052,6362,4492,308
Tax Qtr Cr 5050341620571
Net Profit Qtr Cr 1,2951,2301,038920884841
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 23,49318,180
Operating Expenses Annual Cr 4,8153,922
Operating Profit Annual in Cr 8,0066,100
Depreciation Cr 223262
Interest Annual Cr 10,6728,157
Tax Annual Cr 00
Net Profit Annual Cr 4,0722,605
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 11,581-1,440
Cash from Investing Activity Annual Cr -260-175
Cash from Financing Annual Activity Cr 461228
Net Cash Flow Annual Cr 11,783-1,387
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 19,87115,790
Fixed Assets Annual Cr 2,2102,157
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 236,655196,628
Total Assets Annual Cr 307,329267,827
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 2823
ROE Annual % 2218
ROCE Annual % 65
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Bank of Maharashtra Technicals

EMA & SMA

Current Price
₹61.02
+ 2.3 (3.92%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹61.17
  • 50 Day
  • ₹62.67
  • 100 Day
  • ₹62.65
  • 200 Day
  • ₹58.70
  • 20 Day
  • ₹61.52
  • 50 Day
  • ₹63.37
  • 100 Day
  • ₹64.80
  • 200 Day
  • ₹59.86

Bank of Maharashtra Resistance and Support

PIVOT
₹60.4
Resistance
First Resistance 61.95
Second Resistance 62.89
Third Resistance 64.44
RSI 46.95
MFI 53.60
MACD Single Line -0.95
MACD -1.06
Support
First Support 59.46
Second Support 57.91
Third Supoort 56.97

Bank of Maharashtra Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 5,421,881 223,327,278 41.19
Week 6,301,562 274,937,133 43.63
1 Month 7,525,452 305,232,337 40.56
6 Month 24,304,322 781,383,960 32.15

Bank of Maharashtra Result Highlights

Bank of Maharashtra Synopsis

NSE-Banks-Money Center

Bank of Maharashtra is a Public Limited Listed company incorporated on 16/09/1935 and registered in the State of Maharashtra, India. Company presently involved in the business activities of Banking Business.
Market Cap 41,582
Sales 24,844
Shares in Float 99.14
No of funds 118
Yield 2.38
Book Value 2.28
U/D Vol ratio 0.9
LTDebt / Equity 39
Alpha -0.07
Beta 1.79

Bank of Maharashtra Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 86.46%86.46%86.46%86.46%
Mutual Funds 0.4%0.41%0.41%0.53%
Insurance Companies 4.17%4.27%4.3%4.64%
Foreign Portfolio Investors 1.2%1.04%0.45%0.59%
Financial Institutions/ Banks 0.01%
Individual Investors 7.13%7.15%7.53%6.85%
Others 0.63%0.67%0.85%0.93%

Bank of Maharashtra Management

Name Designation
Mr. Nidhu Saxena Managing Director & CEO
Mr. Rohit Rishi Executive Director
Mr. Asheesh Pandey Executive Director
Mr. Rakesh Kumar Shareholder Director
Mr. Shashank Shrivastava Part Time Non Official Director
Mr. S Baljit Singh Part Time Non Official Director
Dr. Abhijit Phukon Government Nominee Director
Mr. Sanjeev Prakash Nominee Director

Bank of Maharashtra Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bank of Maharashtra Corporate Action

Date Purpose Remarks
2024-07-18 Others
2024-07-15 Quarterly Results
2024-04-26 Audited Results & Final Dividend (Revised) per share(5%)Dividend
2024-01-16 Quarterly Results
2023-10-16 Quarterly Results
Date Purpose Remarks
2024-05-10 FINAL Rs.1.40 per share(14%)Final Dividend
2023-05-23 FINAL Rs.1.30 per share(13%)Final Dividend (RD Revised)

About Bank of Maharashtra

Established in 1933, Bank of Maharashtra is a public sector bank headquartered in Pune, India. They offer a comprehensive range of banking products and financial services to cater to the needs of individuals, small and medium enterprises (SMEs), and large corporations. Bank of Maharashtra has a strong presence in rural and semi-urban areas, playing a vital role in financial inclusion initiatives. The bank is known for its customer-centric approach, offering personalized financial solutions and leveraging technology to provide convenient banking services. Their achievements include a significant branch network expansion, particularly in rural areas, launching innovative loan schemes for farmers and SMEs, and receiving recognition for their commitment to financial inclusion. Bank of Maharashtra actively participates in social responsibility initiatives, supporting education, healthcare, and rural development programs.

Bank of Maharashtra FAQs

What is Share Price of Bank of Maharashtra ?

Bank of Maharashtra share price is ₹61 As on 13 September, 2024 | 19:01

What is the Market Cap of Bank of Maharashtra ?

The Market Cap of Bank of Maharashtra is ₹43210.5 Cr As on 13 September, 2024 | 19:01

What is the P/E ratio of Bank of Maharashtra ?

The P/E ratio of Bank of Maharashtra is 9.6 As on 13 September, 2024 | 19:01

What is the PB ratio of Bank of Maharashtra ?

The PB ratio of Bank of Maharashtra is 2.3 As on 13 September, 2024 | 19:01

How to Invest in Bank of Maharashtra?

Bank of Maharashtra shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). To buy the shares, you'll need a demat account with a brokerage firm that allows trading on the relevant exchange.

What is Bank of Maharashtra's ROE?

Bank of Maharashtra's current Return on Equity (ROE) is approximately 24.77%. Remember, ROE is a profitability measure and can fluctuate over time.

What Affects Bank of Maharashtra's Share Price?

Several factors can influence Bank of Maharashtra's share price, including:

  • Financial performance of the bank, including profitability and future prospects.
  • Overall health of the Indian banking sector.
  • Government policies and regulations impacting the banking industry.
  • News and ratings related to Bank of Maharashtra, including analyst opinions and investor sentiment.

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