Thursday 19 June 2014

Bank of Maharashtra trades sanguinely in early deals

Bank of Maharashtra is currently trading at Rs. 48.20, up by 0.35 points or 0.73% from its previous closing of Rs. 47.85 on the BSE.

The scrip opened at Rs. 48.00 and has touched a high and low of Rs. 48.60 and Rs. 47.90 respectively. So far 18473 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.00 on 19-Jun-2013 and a 52 week low of Rs. 29.10 on 28-Feb-2014.
Last one week high and low of the scrip stood at Rs. 50.65 and Rs. 45.10 respectively. The current market cap of the company is Rs. 4015.07 crore.
The promoters holding in the company stood at 85.21 % while Institutions and Non-Institutions held 7.54 % and 7.24 % respectively.

Bank of Maharashtra, a leading public sector bank, has launched MAHA e-SBTR (e-Secured Bank & Treasury Receipt) facility for payment of Registration Fee and Stamp Duty in the state of Maharashtra. The facility is inaugurated by Chief Minister of Maharashtra Prithviraj Chavan in presence of Harshwardhan Patil and Balasaheb Thorat, Ministers, Government of Maharashtra and Sushil Muhnot, Chairman & Managing Director of Bank of Maharashtra.
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.

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