The bank of maharashtra share price target 2025(MAHABANK), a Public Sector Bank (PSB) headquartered in Pune and owned by the State of Maharashtra, stands as the largest PSB in the state with 2,263 branches as of June 2023 and a workforce of 12,888 employees nationwide. Established in 1935, the bank has experienced fluctuations in its share price over the last two decades.
The latest developments include AS Rajeev, the Managing Director and CEO of bank of maharashtra share price prediction 2025, being appointed as the Chief Vigilance Commissioner of the central vigilance commission. The bank has excelled in deposit mobilization, showing a 17.89% growth in the third quarter, outperforming other public sector banks.
As of 2024, the bank of maharashtra share price target 2030 indicate a positive outlook, with predictions extending to 2026, 2030, and beyond. The predictions suggest a gradual increase, influenced by factors such as the opening of branches and adjustments in lending rates.
In 2023, the bank's market capitalization is reported at 42,913 Crores INR, with reserves and borrowings standing at 8,879.77 Cr INR and 10,765.66 INR (March 2023) respectively. Financial indicators show positive growth, including a YoY increase in revenue, net income, and total assets.
The shareholding pattern reveals that promoters hold the majority at 86.46%, followed by FII, DII, retail & others, and mutual funds. Competitors in the market include State Bank of India, Bank of Baroda, PNB, IOBInfra, Union Bank Infratech, Canara Bank, Indian Bank, and UCO Bank.
Before considering investment in bank of maharashtra share price target 2024 stock, it is crucial to assess various financial metrics. The bank's positive trend in revenue, profits, and net profit in the last five years demonstrates stability. However, prudent investors are advised to conduct thorough research and seek expert advice before making any investment decisions.
In conclusion, while the bank of maharashtra share price target 2026 has shown positive momentum, investing in stocks always carries risks. A careful evaluation of financial indicators, market conditions, and expert advice is recommended for potential investors.