Bank of Maharashtra profits at the bourses

Bank of Maharashtra profits at the bourses

by admin- Monday, April 8th, 2019 04:11:43 PM

Bank of Maharashtra is currently trading at Rs. 14.36, up by way of 0.30 factors or 2.Thirteen% from its previous final of Rs. 14.06 at the BSE.

The scrip opened at Rs. 14.10 and has touched a high and coffee of Rs. 14.52 and Rs. 14.08 respectively. So some distance 23878 stocks had been traded at the counter.

The BSE group ‘B’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 16.93 on 01-Feb-2019 and a fifty two week low of Rs. 10.Seventy three on 09-Oct-2018.

Last one week excessive and occasional of the scrip stood at Rs. 14.Seventy two and Rs. 13.Seventy four respectively. The current market cap of the organisation is Rs. 4094.31 crore.

The promoters conserving in the organisation stood at 87.01%, even as Institutions and Non-Institutions held 9.14% and three.Eighty five% respectively.

Bank of Maharashtra has diminished its lending prices across diverse tenors. The Bank has reduced its one-12 months marginal price of price range-based lending fee (MCLR) to eight.70% from eight.75%. The six- month, 3-month and one-month MCLR have additionally been revised downwards to 8.50%, 8.45% and eight.25%, respectively. However, the lender left its base price unchanged at 9.50%.

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