Bank of maharashtra share price

Bank of Maharashtra engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/ Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investment, balances with banks, and interest accrued on investments. The Corporate/Wholesale Banking segment focuses on all advances to trusts, partnership firms, companies, statutory bodies, and individuals. The Retail Banking segment offers exposure to entity and concern. The Other Banking Operations segment provides all banking transactions not covered in other segments. The company was founded on September 16, 1935 and is headquartered in Pune, India. BUY - MAHABANK CMP - Rs. 30 Target - 1: Rs. 52 Target - 2: Rs. 77 Target - 3: Rs. 95 . . Technicals - Cup and Handle Pattern BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more! BUY - MAHABANK CMP - Rs. 30 Target - 1: Rs. 52 Target - 2: Rs. 77 Target - 3: Rs. 95 . . Technicals - Cup and Handle Pattern BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more! The stock has given a trendline breakout, pulled back and sustaining for 4 days. Buy above 31.05 level (carry on closing basis) for positional targets 32.45 and 34. Learn & Earn, Dr. Tanya Kumar The stock has given a trendline breakout, pulled back and sustaining for 4 days. Buy above 31.05 level (carry on closing basis) for positional targets...

The QIP was fully subscribed and has garnered a strong response from both domestic and foreign institutional investors, indicating a well-diversified representation and global demand. The equity shares in the QIP were priced at ₹28.5 per share, representing a discount of 4.94% compared to the floor price of ₹29.94 per share. Life Insurance Corporation of India, the largest insurer in India, has secured a significant portion of the shares in the QIP, being allotted 8.34 crore shares or 23.77 percent of the total approved shares. In addition, other institutional bidders that have received an allocation exceeding 5 percent include Aditya Birla Sun Life Insurance Co. Ltd., Bajaj Allianz General Insurance Co. Ltd., Rajasthan Global Securities Pvt. Ltd., and Societe Generale - ODI. Bank of Maharashtra, established in 1935, is an Indian public sector bank headquartered in Pune. The bank had 29 million customers across the country with 2022 branches as of March 2022. It has the largest network of branches of any nationalized bank in the state of Maharashtra, its website shows.

Bank Of Maharashtra: Share Price, Stock Analysis, Annual Report | Value Research Bank Of Maharashtra: Share Price, Stock Analysis, Annual Report | Value Research https://www.valueresearchonline.com/stocks/41286/bank-of-maharashtra/ Get Bank Of Maharashtra's stock analysis, price valuation, corporate actions, and financials from India's independent mutual fund research house. Business Bank of Maharashtra provides various banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking segments. It accepts savings, current, term, and demand deposits, as well as provides capital gain account schemes. The company also offers housing loans, vehicle loans, topup loans, education loans, gold loans, consumer and personal loans, salary gain and green financing schemes, and adhaar loans, as well as loans against properties; working capital, term, project, infrastructure, export, and bill financing services; lines of credit; commercial lease rental services; accounts takeover services; non-fund based services; micro, small, and medium enterprise loans; and agriculture loans. In addition, it provides digital banking and lending services, and government schemes; documentary credits and collections, import and export financing, guarantees, travel related forex, non-resident Indian services, remittance schemes, and risk management services; and remittance facilities, as well as hedges exchange risk. Bank of Maha...

State-run Bank of Maharashtra closed its Qualified Institutional Placement (QIP) issue through which it has raised Rs 1,000 crore. For the QIP, the board approved the allotment of 35.1 crore shares to institutional buyers at its meeting on June 6. The shares were allotted at an issue price of Rs 28.5 per equity share, which is a 4.94 percent discount to the floor price of Rs 29.94 per share that was set at the time of the QIP launch on June 1. The issue price is also at a 6.25 percent discount to the closing price of Bank of Maharashtra shares on Tuesday. Follow our live blog for all the market action Five institutional buyers were allotted more than 5 percent stake in the company. State-owned Life Insurance Corporation of India clenched the biggest chunk of the issue. The life-insurer was allotted 8.34 crore shares or 23.77 percent of the total approved issue size. It was followed by Aditya Birla Sun Life Company, which bagged 4.50 crore shares or a 12.84 percent of the total QIP. Other major institutional buyers included Bajaj Allianz General Insurance Company, Rajasthan Global Securities, and Societe Generale. Shares of the state-owned lender also reacted positively to the fund raise and at 09.32 am, were trading around 1 percent higher at Rs 30.65 on the National Stock Exchange. Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to che...