Bank of Maharashtra is currently trading at Rs. 34.35, up by 0.10 points or 0.29% from its previous closing of Rs. 34.25 on the BSE.
The scrip opened at Rs. 34.35 and has touched a high and low of Rs. 34.35 and Rs. 34.35 respectively. So far 200 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 48.00 on 03-Nov-2014 and a 52 week low of Rs. 32.60 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 34.40 and Rs. 33.75 respectively. The current market cap of the company is Rs. 3641.40 crore.
The promoters holding in the company stood at 79.80% while Institutions and Non-Institutions held 14.73% and 5.47% respectively.
Bank of Maharashtra, a leading public sector bank, has received shareholders’ approval to raise Rs 394 crore by issuing 10.51 crore equity shares on preferential basis to the government. The share holding of Government of India (GOI) in Bank of Maharashtra will increase to 81.61 percent from the existing 79.80 percent after the issue and allotment of aforesaid Equity Share.
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.
