Bank of Maharashtra is currently trading at Rs. 29.35, up by 0.20 points or 0.69% from its previous closing of Rs. 29.15 on the BSE.
The scrip opened at Rs. 29.35 and has touched a high and low of Rs. 29.40 and Rs. 29.20 respectively. So far 2669 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 37.40 on 07-Jul-2016 and a 52 week low of Rs. 25.00 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 29.90 and Rs. 29.00 respectively. The current market cap of the company is Rs. 3411.53 crore.
The promoters holding in the company stood at 81.61%, while institutions and non-institutions held 13.38% and 5.01% respectively.
Bank of Maharashtra successfully raised Rs 500 Crore on December 15, 2016 by issue of Basel III Compliant Unsecured Perpetual Non-Convertible Additional Tier 1 (AT 1) Bonds on private placement basis. The Bonds have been rated as ‘A hyb’ by ICRA and ‘A’ by CARE. The said Bonds will be listed on the Wholesale Debt Market segment of the BSE and National Stock Exchange of India.
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.
