Bank of Maharashtra is currently trading at Rs. 10.91, up by 0.07 points or 0.65% from its previous closing of Rs. 10.84 on the BSE.
The scrip opened at Rs. 10.95 and has touched a high and low of Rs. 11.21 and Rs. 10.63 respectively. So far 325429 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.70 on 08-Jul-2019 and a 52 week low of Rs. 7.71 on 13-Mar-2020.
Last one week high and low of the scrip stood at Rs. 11.30 and Rs. 10.63 respectively. The current market cap of the company is Rs. 6371.58 crore.
The promoters holding in the company stood at 92.49%, while Institutions and Non-Institutions held 4.11% and 3.41% respectively.
Bank of Maharashtra is considering to raise capital through FPO / Preferential issue or any other mode or combination thereof and / or through issue of BASEL III Bonds or such other securities as may be permitted under applicable laws etc., subject to the necessary approvals. The bank will also issue equity shares to Government of India on preferential basis aggregating to Rs 831 crore received by bank in March, 2020 subject to the necessary approvals.
The Meeting of the Board of Directors of the bank will be held on July 10, 2020 to consider and approved the same.
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.
Company Name | CMP |
---|---|
SBI | 809.50 |
Bank Of Baroda | 259.55 |
PNB | 123.30 |
Canara Bank | 551.30 |
Union Bank Of India | 136.70 |
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