Bank of Maharashtra trades in green on the BSE
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Bank of Maharashtra is currently trading at Rs. 20.30, up by 0.15 points or 0.74% from its previous closing of Rs. 20.15 on the BSE.
The scrip opened at Rs. 20.15 and has touched a high and low of Rs. 20.40 and Rs. 20.10 respectively. So far 209454 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 31.95 on 07-Jun-2021 and a 52 week low of Rs. 15.29 on 10-Feb-2021.
Last one week high and low of the scrip stood at Rs. 21.15 and Rs. 19.90 respectively. The current market cap of the company is Rs. 13696.56 crore.
The promoters holding in the company stood at 90.97%, while Institutions and Non-Institutions held 3.82% and 5.21% respectively.
Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loans and savings deposit growth during the third quarter of the current financial year (Q3FY22). The bank has recorded a 22.9 per cent increase in gross advances at Rs 1,29,006 crore in the October-December period of 2021-22.
In terms of RAM (Retail, Agriculture and MSME) segment, BoM registered a highest growth rate of 18.06 per cent at Rs 75,927 crore. In savings deposit mobilisation, BoM recorded an 18.33 per cent growth at Rs 80,815 crore.
Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.
