27 Feb
27Feb

Bank of Maharashtra, a publicly traded business under state administration, is based in Pune, Maharashtra. With 12,977 employees and 2263 branches across the country as of June 2023, it was the biggest Public Sector Bank in Maharashtra. The bank, which goes by the name MAHABANK and is traded on the National Stock Exchange, led India in terms of the growth rate of deposit mobilization in 2022–2023. In 1935, V.G. Kale and D.K. Sathe founded the Bank of Maharashtra in Pune.Since NSE Mahabank went public on the stock exchange in 2004, investors have been unable to place their trust in the company. The stock has seen ups and downs over the course of the 20-year Bank of Maharashtra Share Price History. Investors will learn about various topics in this article, including the bank of maharashtra share price target 2025 and the years to come. 

Bank of Maharashtra Latest News

The appointment of AS Rajeev, MD and CEO of the Bank of Maharashtra, as the Central Vigilance Commission's Vigilance Commissioner has been made public by the Department of Financial Services.The highest PSU was the Bank of Maharashtra, which saw a 17.89% rise in deposit mobilization in the third quarter. Only State Bank of India, at 12.84 percent, was able to post a double-digit growth rate in deposit mobilization, aside from BOM. The Executive Director of BOM, Asheesh Pandey, recently inaugurated two new branches in Gujarat and promised to grow PSU Bank's presence in the state by around 66%. Following this announcement, the Bank of Maharashtra Share started to rise on the stock market. The Bank of Maharashtra announced an increase in its Marginal Cost of Funds Based Lending Rate (MCLR) of 10 basis points for all of its tenures during the first full week of February 2024.

Bank of Maharashtra Share Price Target 2024

Month (2024)Maximum TargetMinimumTarget JanuaryRs – Rs – FebruaryRs – Rs – MarchRs 55.43Rs 41.76AprilRs 58.78Rs 43.45MayRs 6232Rs 43.21JuneRs 61.66Rs 44.90JulyRs 64.20Rs 42.80AugustRs 66.04Rs 45.76SeptemberRs 65.50Rs 44.32OctoberRs 67.51Rs 46.90NovemberRs 66.55Rs 48.76DecemberRs 68.70Rs 49.65(This bank of maharashtra share price prediction 2025 is based upon our understanding seeing the history of the above stock, an expert advice is critical before making any investment-related commitment)Bank of Maharashtra Share Price Target 2025Month (2025)Maximum TargetMinimumTarget JanuaryRs 65.80Rs 53.90FebruaryRs 68.92Rs 52.53MarchRs 69.93Rs 54.89AprilRs 73.85Rs 56.66MayRs 72.60Rs 57.63JuneRs 75.31Rs 54.51JulyRs 78.01Rs 58.14AugustRs 76.20Rs 59.01SeptemberRs 79.44Rs 61.90OctoberRs 90.60Rs 62.87NovemberRs 79.56Rs 59.45DecemberRs 83.78Rs 60.66(This bank of maharashtra share price prediction is based upon our understanding seeing the history of the above stock, an expert advice is .critical  before making any investment-related commitmentBank of Maharashtra Share Price Target 2026 to bank of maharashtra share price target 2030Year Maximum TargetMinimum Target2026Rs 84.55Rs 55.002027Rs 93.76Rs 62.442028Rs 104.89Rs 65.322029Rs 119.32Rs 68.802030Rs 138.40Rs 87.232040Rs 176.00Rs 98.77(This bank of maharashtra share price prediction 2030 is based upon our understanding seeing the history of the above stock, an expert advice is critical before making any investment-related commitment

BAHABANK: NSE Financials 2023

Bank of Maharashtra Market Capitalisation: 42,913 Crores INRBank of Maharashtra Reserves and Borrowings: 8,879.77 Cr INR and 10,765.66 INR (March 2023) RespectivelyBank of Maharashtra 52 Week High-Low: Rs 69.45 – Rs 22.80Revenue65.27 Billion INR

  •  73.15% YOYEarnings Per Share  EBITDA  Effective Tax Rate  Total Assets02.54 Trillion INR
  •  16.05%  YOYTotal Liabilities02.83 Trillion INR
  •  16.30%  YOYTotal Equity157.72 Trillion INR Return on assets1.04% Return on Capital  P/E Ratio11.43 Dividend Yield2.14% 

Bank of Maharashtra Shareholding Pattern 

  • Promoters: 86.46%
  • FII: 00.45%
  • DII: 04.30%
  • Retail & Others: 8.38%
  • Mutual Funds: 00.41%
  • Bank of Maharashtra Competitors (Market Cap: 42,913 crores INR)
  • State Bank of India (Market Cap: 677,288 crores INR)
  • Bank of Baroda Market Cap: 140,066.34 crores INR)
  • PNB Market Cap: 137,692.75 crores INR)
  • IOBInfra Market Cap: 125,039.46 crores INR)
  • Union Bank Infratech Cap: 108,851.80 crores INR
  • Canara Bank Market Cap: 103,659.40 crores INR)
  • Indian Bank Market Cap: 70,223.97 crores INR
  • UCO Bank Market Cap: 69,225.00 crores INR

Points to consider before investing in Bank of Maharashtra Stock

The Bank of Maharashtra's finances have been becoming better during the last five years. From Rs 10,850 crore in 2019 to Rs 15,899 crore in 2023, MahaBank's income grew. Bank of Maharashtra has seen growth in income as well as earnings over the years, ranging from a deficit in 2019 to a recorded profit of Rs 584 cr in 2023.
The Bank of Maharashtra has also seen growth, with its profit before taxes going from Rs -4,763 cr in 2019 to Rs 2,605 cr in 2023.
Because of the 0% tax rate, BOM's net profit growth has increased over the last five years, going from Rs -4,763 cr to Rs 2,605 cr.
The Bank of Maharashtra's earnings per share has been steadily rising, coming in at Rs 3.87 in 2019 from Rs -17.30 in 2019.

Conclusion

The share price of the Bank of Maharashtra has shown itself to be untrustworthy throughout time. Mahabank's share price has increased from Rs 13 to Rs 60 in the last five years. The stock has gained by 54% from August 28, 2023, when NSE Mahabank shares launched at Rs 39 per share. Considering that the Bank of Maharashtra had its highest deposit mobilization growth rate the year before, the bank's share outlook in the stock market is favorable. Still, though. Before making an investment on the National Stock Exchange, an investor needs to consider all aspects of the stock. India Property Dekho always provides professional help to finish the necessary research prior to committing to any investment-related activity.

 

Comments
* The email will not be published on the website.
I BUILT MY SITE FOR FREE USING