Bank of maharashtra share price today

“This is to inform that the Board of Directors of the Bank in their meeting dated 24.04.2023 has recommended dividend of Rs. 1.30/- (ie., 13%) per share on equity shares of the Bank for the Financial year 2022-23. Accordingly, we wish to inform you that the Record Date for determining the eligibility of members entitled to receive dividend on equity shares is Friday, 2nd June, 2023. Dividend, if approved by the shareholders of the Bank, shall be paid after the AGM to those shareholders, whose names appear in the Bank's Register of Members/ Register of Beneficial Owners maintained by the Depositories viz., National Securities Depository Limited and Central Depository Services (India) Limited as at the close of business hours on Friday, 2nd June, 2023," said the Board of Directors of Bank of Maharashtra in a stock exchange filing today. The net profit for the quarter ended in March (Q4FY23) rose by more than 135% to ₹840 crore from ₹355.2 crore in the same quarter the year prior. For the PSB, net interest income (NII), which was ₹1,612 crore in the same quarter last year, surged by more than 35% to ₹2,187 crore in Q4FY23. The bank said that its provisions rose by more than 60% from ₹582 crore in the preceding quarter of the same fiscal year to ₹945 crore during the quarter under review. With its gross non-performing asset (GNPA) dropped by 47 basis points to 2.47% during Q4FY23 from 2.94% in Q4FY22, its net non-performing assets (NNPA) dropped from 0.47% to 0.25%, a decrease...

Bank of Maharashtra is engaged in offering banking services. The Bank's segments are Retail Banking, Treasury, Corporate/Wholesale Banking, and Other banking operations. The Treasury segment consists of investment, balances with banks out of India, interest accrued on investments and associated income. The Corporate/Wholesale Banking Segment consists of all advances to trusts, partnership corporations, businesses and statutory bodies. The Retail Banking Segment consists of exposure to the individual or to a small commercial enterprise wherein total average annual turnover less than Indian Rupee 50 crores; no combination exposure to one counter party exceeds 0.2% of the overall retail portfolio of the Bank, and the most aggregated retail exposure to 1 counterpart is up to Indian Rupee five crores. Other Banking Operations segment consists of all different banking transactions. Its products and services include e-fee taxes, credit card, door step banking and new pension scheme, among others. #(Fig in Cr.) Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Interest Earned 3007 3098 3104 3207 3282 3426 3457 3815 4131 4495 Other Income 571 1236 691 493 611 522 317 503 640 822 Total Income 3577 4333 3794 3700 3894 3948 3775 4318 4770 5317 Interest Expense 1701 1714 1697 1708 1755 1814 1772 1928 2149 2308 Operating Expenditure 974 1079 987 932 976 956 801 928 1040 1154 Provisions and contingencies 498 1311 650 516 752 365 548 579 582 945 Ope...

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...

12 Jun 2023, 10:58AM IST India's banking sector is attracting the attention of both local and foreign investors as it remains healthy despite challenges faced by the banking sectors of developed economies like Europe and the US. According to analysts, the sector post-COVID-19 has experienced strong growth and a significant reduction in bad loans and provisions, particularly among public sector banks. These banks have been focussing on cleaning their balance sheets by reducing their NPAs and reporting huge profits. In FY23, all banks reported profits, even reaching historic highs, making them a favoured investment opportunity. 07 Jun 2023, 08:23PM IST The price was at a 4.94% discount to the floor price of Rs 29.94 per share. The QIP, which opened on June 1, was fully subscribed and received a strong response from domestic as well as foreign investors, the bank said. Life Insurance Corporation of India took up the biggest chunk of shares with an allotment of 8.34 crore shares, which is nearly 24% of the capital raised. 25 May 2023, 11:33AM IST Bank of Maharashtra emerged as the top performing public sector bank in loan and deposit growth, recording a 29.4% increase in gross advances and 15.7% rise in deposits at the end of March 2023. The bank also recorded the highest profitability growth at 126% to Rs 2,602 crore during the year. 22 May 2023, 04:48PM IST As per the proposal, the company has offered to pay around Rs 1,200 crore in upfront cash to the lenders which include ...

At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Bank of Maharashtra (MAHABANK). If you are looking for stocks with good return, Bank of Maharashtra can be a profitable investment option. Bank of Maharashtra quote is equal to 27.940 INR at 2023-06-15. Based on our forecasts, a long-term increase is expected, the "MAHABANK" stock price prognosis for 2028-06-12 is 51.259 INR. With a 5-year investment, the revenue is expected to be around +83.46%. Your current $100 investment may be up to $183.46 in 2028. Date Price Min Price Max Price 2023-06-16 Price: 27.824 Min: 26.597 Max: 28.948 2023-06-19 Price: 27.688 Min: 26.507 Max: 28.825 2023-06-20 Price: 27.384 Min: 26.221 Max: 28.486 2023-06-21 Price: 27.522 Min: 26.293 Max: 28.622 2023-06-22 Price: 27.434 Min: 26.281 Max: 28.697 2023-06-23 Price: 27.318 Min: 26.159 Max: 28.419 2023-06-26 Price: 27.182 Min: 25.989 Max: 28.341 2023-06-27 Price: 26.878 Min: 25.820 Max: 28.149 2023-06-28 Price: 27.016 Min: 25.944 Max: 28.196 2023-06-29 Price: 26.928 Min: 25.823 Max: 28.067 Date Opening price Closing price Minimum price Maximum price 2023-06-14 Open: 28.470 Close: 28.470 Low: 28.470 High: 28.470 2023-06-13 Open: 28.520 Close: 28.520 Low: 28.520 High: 28.520 2023-06-12 Open: 28.540 Close: 28.540 Low: 28.540 High: 28.540 2023-06-09 Open: 28.350 Close: 28.350 Low: 28.350 High: 28.350 2023-06-08 Open: 30.340 Close: 30.340 Low: 30.340 High: 30.340 2023-06-07 Open: 30.720 Close: 30.72...