Performance
Day's Low
Day's High
₹58.95₹6052 Week's Low
52 Week's High
₹38.65₹73.5
| Returns % | |
| 1 Month Return | -4.3 % |
| 3 Month Return | -8.87 % |
| 1 Year Return | + 24.22 % |
| Market Stats | |
| Previous Close | ₹59.81 |
| Open | ₹59.80 |
| Volume | 48.96L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹42,353.70Cr |
Key Statistics
| P/E Ratio | 9.43 |
| PEG Ratio | 5.07 |
| Market Cap | ₹42,353.70 Cr |
| P/B Ratio | 2.42 |
| EPS | 5.75 |
| Dividend Yield | 2.25 |
| Sector | Banks |
| ROE | 25.06 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹42,353.70 Cr | 78.86% | NA | ₹4,071 Cr | ₹23,509 Cr | |
| NA | ₹98,255.45 Cr | 45.74% | NA | ₹5,788 Cr | ₹30,421 Cr | |
| NA | ₹58,512.46 Cr | 46.14% | NA | ₹1,671 Cr | ₹25,119 Cr | |
| NA | ₹52,120.36 Cr | 40.95% | NA | ₹2,667 Cr | ₹35,662 Cr | |
| NA | ₹1,10,030.94 Cr | 98.8% | NA | ₹2,665 Cr | ₹29,730 Cr |
Company Information
Share Price: ₹59.06 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹42,353.70Cr as of today
Revenue: ₹6,768.76Cr as on June 2024 (Q2 24)
Net Profit: ₹1,295.09Cr as on June 2024 (Q2 24)
Listing date: 12 Apr, 2004
| Organisation | Bank of Maharashtra |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Bank of Maharashtra
Bank of Maharashtra Secures QIP Approval for Capital - 09 Sep, 2024
Bank of Maharashtra has received approval to raise up to ₹5,000 crore through qualified institutional placements (QIP) in FY25, aiding compliance with public shareholding norms.
Bank of Maharashtra Secures QIP Approval for Fundraising - 08 Sep, 2024
The Union Ministry of Finance has approved Punjab National Bank and Bank of Maharashtra to raise Rs 10,000 crore cumulatively through Qualified Institutional Placement in FY25, with each bank allowed to raise Rs 5,000 crore.
Bank of Maharashtra Modernizes IT Infrastructure - 02 Sep, 2024
Bank of Maharashtra, a public sector bank with 88 years of legacy, is modernizing its IT infrastructure to better serve its extensive customer base across 2,350 branches in India.
Bank of Maharashtra Opens Supreme Court Branch - 29 Aug, 2024
The Bank of Maharashtra inaugurated a branch within the Supreme Court premises to cater to financial needs, featuring tech-enabled solutions and 24/7 services.
Bank of Maharashtra Raises Rs 811 Crore via Bonds - 27 Aug, 2024
The Bank of Maharashtra successfully raised Rs 811 crore through a 10-year infrastructure bond issue with a coupon rate of 7.8%. The issue had a base size of Rs 500 crore and a greenshoe option of Rs 2,500 crore.
Bank of Maharashtra Updates Minister on Progress - 23 Aug, 2024
Officials from Bank of Maharashtra, along with NABARD and other banks, participated in a meeting to provide progress updates to the minister.
Bank of Maharashtra Reports Strong Q1 Growth - 22 Aug, 2024
Bank of Maharashtra's shares rose to Rs. 63.30, reflecting a 0.33% increase. The bank reported a Net Interest Margin of 3.97% and a CASA Ratio of 49.86%. Net Interest Income surged by 19.63% to Rs. 2,799.44 Crores, with profits increasing from Rs. 882.49 Crores to Rs. 1,293.68 Crores in Q1FY25.
RBI Penalizes Bank of Maharashtra for Non-Compliance - 19 Aug, 2024
The Reserve Bank of India has imposed a penalty of Rs 1.27 crore on Bank of Maharashtra for failing to comply with regulatory directions, including KYC and cybersecurity measures.
RBI Penalizes Bank of Maharashtra for Violations - 17 Aug, 2024
The Reserve Bank of India has imposed a penalty of Rs 1.27 crore on Bank of Maharashtra for non-compliance with various regulatory directions, including Know Your Customer guidelines.
RBI Penalizes Bank of Maharashtra for Non-Compliance - 16 Aug, 2024
The Reserve Bank of India has imposed a penalty of Rs 1.27 crore on Bank of Maharashtra for failing to adhere to regulatory directives, including Know Your Customer norms.
Positive Stock Recommendation for Bank of Maharashtra - 12 Aug, 2024
Bank of Maharashtra is recommended for purchase between ₹66 and ₹68.50, with a target price of ₹78, reflecting a potential upside of 25%. The recommendation is supported by the bank's strong financial performance and growth prospects in the expanding Indian economy.
Insights on Bank of Maharashtra
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 9 quarters, 3.77K Cr → 6.76K Cr (in ₹), with an average increase of 7.0% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, MAHABANK has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 15 quarters, 155.74 Cr → 1.29K Cr (in ₹), with an average increase of 13.7% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 1.04% to 1.20% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, State Bank of India has given 29.6% return, outperforming this stock by 5.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 86.46% of holdings in Jun 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 7.81% to 7.76% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, MAHABANK stock has moved down by -8.9%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.41% to 0.40% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 86.46% | 0.00 | |
| Foreign Institutions | 1.2% | 15.45 | |
| Mutual Funds | 0.4% | ||
| Retail Investors | 7.76% | ||
| Others | 4.18% |
Key Indicators
Bank of Maharashtra Valuation
Bank of Maharashtra in the last 5 years
Lowest (-1.21x)
July 5, 2019
Today (9.43x)
September 17, 2024
Industry (15.76x)
September 17, 2024
Highest (34.33x)
February 25, 2021
Earnings and Dividends
Bank of Maharashtra Earnings Results
Bank of Maharashtra’s net profit jumped 46.56% since last year same period to ₹1,295.09Cr in the Q1 2024-2025. On a quarterly growth basis, Bank of Maharashtra has generated 5.3% jump in its net profits since last 3-months.
Read More about Earnings ResultsBank of Maharashtra Dividends April,2024
In the quarter ending March 2024, Bank of Maharashtra has declared dividend of ₹1.40 - translating a dividend yield of 2.34%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Bank of Maharashtra is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
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Bank of Maharashtra (MAHABANK) share price today is ₹59.06
Bank of Maharashtra is listed on NSE
Bank of Maharashtra is listed on BSE
- Today’s highest price of Bank of Maharashtra is ₹60.
- Today’s lowest price of Bank of Maharashtra is ₹58.95.
PE Ratio of Bank of Maharashtra is 9.43
PE ratio = Bank of Maharashtra Market price per share / Bank of Maharashtra Earnings per share
Today’s traded volume of Bank of Maharashtra(MAHABANK) is 48.96L.
Today’s market capitalisation of Bank of Maharashtra(MAHABANK) is ₹42353.7Cr.
| Bank of Maharashtra(MAHABANK | Price |
|---|---|
52 Week High | ₹73.5 |
52 Week Low | ₹38.65 |
Bank of Maharashtra(MAHABANK) share price is ₹59.06. It is down -19.65% from its 52 Week High price of ₹73.5
Bank of Maharashtra(MAHABANK) share price is ₹59.06. It is up 52.81% from its 52 Week Low price of ₹38.65
| Bank of Maharashtra(MAHABANK | Returns |
|---|---|
1 Day Returns | -0.75% |
1 Month Returns | -4.3% |
3 Month Returns | -8.87% |
1 Year Returns | 24.22% |