Bank of Maharashtra Performance
Day's Low
Day's High
₹55.6₹58.8752 Week's Low
52 Week's High
₹38.65₹73.5
| Returns % | |
| 1 Month Return | -2.44 % |
| 3 Month Return | -8.78 % |
| 1 Year Return | + 27.26 % |
| Market Stats | |
| Previous Close | ₹57.65 |
| Open | ₹58.51 |
| Volume | 1.16Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹40,824.12Cr |
Bank of Maharashtra Key Statistics
| P/E Ratio | 9.09 |
| PEG Ratio | 4.89 |
| Market Cap | ₹40,824.12 Cr |
| P/B Ratio | 2.42 |
| EPS | 5.75 |
| Dividend Yield | 2.25 |
| Sector | Banks |
| ROE | 25.06 |
Bank of Maharashtra Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹40,824.12 Cr | 84.82% | NA | ₹4,071 Cr | ₹23,509 Cr | |
| NA | ₹90,115.88 Cr | 36.25% | NA | ₹5,788 Cr | ₹30,421 Cr | |
| NA | ₹55,858.24 Cr | 56.91% | NA | ₹1,671 Cr | ₹25,119 Cr | |
| NA | ₹50,271.32 Cr | 46.37% | NA | ₹2,667 Cr | ₹35,662 Cr | |
| NA | ₹1,05,173.02 Cr | 95.92% | NA | ₹2,665 Cr | ₹29,730 Cr |
Bank of Maharashtra Mutual Fund Holdings
About Bank of Maharashtra
Share Price: ₹55.84 per share as on 07 Oct, 2024 04:01 PM
Market Capitalisation: ₹40,824.12Cr 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
LIC Increases Stake in Bank of Maharashtra Significantly - 07 Oct, 2024
Life Insurance Corporation of India has increased its shareholding in Bank of Maharashtra to 7.10% from 4.05% through a Qualified Institutional Placement, acquiring 3.376% equity at an average cost of ₹57.36.
LIC Boosts Stake in Bank of Maharashtra Significantly - 06 Oct, 2024
Life Insurance Corporation of India (LIC) has raised its shareholding in Bank of Maharashtra from 4.05% to 7.10% through a Qualified Institutional Placement, enhancing its investment in the bank's growth.
Bank of Maharashtra Raises Rs 3,500 Crore via QIP - 05 Oct, 2024
Bank of Maharashtra successfully raised Rs 3,500 crore through the allotment of 61,01,81,311 equity shares to qualified institutional buyers at Rs 57.36 each. The QIP opened on September 30 and closed on October 4, 2024.
Bank of Maharashtra Launches QIP to Raise Funds - 01 Oct, 2024
Bank of Maharashtra launched a Qualified Institutional Placement (QIP) to raise Rs 3,500 crore, setting a floor price of Rs 60.37 per share. The initiative aims to strengthen its capital base and support growth objectives. The bank's shares saw a slight increase following the announcement.
Bank of Maharashtra Launches QIP for Fundraising - 30 Sep, 2024
Bank of Maharashtra is set to raise ₹3,500 crore through a Qualified Institutional Placement (QIP), with a floor price of ₹60.36 per share. The QIP aims to enhance the bank's financial position and support growth objectives. The issue opens on September 30, 2024, with a marginally higher floor price of ₹60.37 announced later in the day.
Bank of Maharashtra Celebrates 90 Years with New Initiatives - 21 Sep, 2024
On its 90th Foundation Day, Bank of Maharashtra announced new initiatives focusing on MSME support, financial inclusion, and sustainability. Finance Minister Nirmala Sitharaman praised the bank's performance and commitment to social causes, including gender equality in sports and environmental efforts.
FM Urges Banks to Utilize UPI for Growth - 20 Sep, 2024
Finance Minister Nirmala Sitharaman emphasized the importance of utilizing UPI's digital footprints for banks to expand their balance sheets during a Bank of Maharashtra event.
FM Highlights Banking Sector's Role for 2047 Vision - 19 Sep, 2024
During the 90th Foundation Day of Bank of Maharashtra, Finance Minister Nirmala Sitharaman stressed the banking sector's critical role in India's development agenda by 2047, focusing on infrastructure, MSME funding, and financial inclusion.
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.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 1.04% to 1.20% in Jun 2024 quarter
- 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
Best in 3 Years
In the last 3 years, MAHABANK has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Revenue 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
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 86.46% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, State Bank of India has given 36.2% return, outperforming this stock by 8.9%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 7.81% to 7.76% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 0.41% to 0.40% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, MAHABANK stock has moved down by -10.6%
Bank of Maharashtra Financials
Index Inclusions
Bank of Maharashtra 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% |
Bank of Maharashtra Key Indicators
Bank of Maharashtra Valuation
Bank of Maharashtra in the last 5 years
Lowest (-1.21x)
July 5, 2019
Today (9.09x)
October 4, 2024
Industry (15.60x)
October 4, 2024
Highest (34.33x)
February 25, 2021
Bank of Maharashtra 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 2.51%.
Read More about Dividends
Bank of Maharashtra Technicals Summary
Bearish
Neutral
Bullish
Bank of Maharashtra is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Bank of Maharashtra
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Bank of Maharashtra (MAHABANK) share price today is ₹55.84
Bank of Maharashtra is listed on NSE
Bank of Maharashtra is listed on BSE
- Today’s highest price of Bank of Maharashtra is ₹58.87.
- Today’s lowest price of Bank of Maharashtra is ₹55.6.
PE Ratio of Bank of Maharashtra is 9.09
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 1.16Cr.
Today’s market capitalisation of Bank of Maharashtra(MAHABANK) is ₹40824.12Cr.
| Bank of Maharashtra(MAHABANK | Price |
|---|---|
52 Week High | ₹73.5 |
52 Week Low | ₹38.65 |
Bank of Maharashtra(MAHABANK) share price is ₹55.84. It is down -24.03% from its 52 Week High price of ₹73.5
Bank of Maharashtra(MAHABANK) share price is ₹55.84. It is up 44.48% from its 52 Week Low price of ₹38.65
| Bank of Maharashtra(MAHABANK | Returns |
|---|---|
1 Day Returns | -1.81% |
1 Month Returns | -2.44% |
3 Month Returns | -8.78% |
1 Year Returns | 27.26% |