Maharashtra Bank Share Price Target Tomorrow 2024 To 2030 Bank of Maharashtra Ltd is a prominent public sector bank in India, established in 1935 and headquartered in Pune, Maharashtra. It plays a vital role in the Indian banking sector, providing a wide array of financial services such as savings accounts, loans, credit cards, and various investment products. The bank is instrumental in promoting economic development in Maharashtra and across India, particularly in sectors like agriculture, small and medium enterprises, and retail banking.
Current Maharashtra Bank Share Price Details
Metric | Value |
Open Price | ₹54.35 |
High Price | ₹54.95 |
Low Price | ₹54.35 |
Previous Close | ₹54.24 |
Volume | 2,546,955 |
Value (Lacs) | ₹1,389.87 |
VWAP | ₹54.56 |
UC Limit | ₹65.08 |
LC Limit | ₹43.39 |
P/E Ratio | 8.59 |
Dividend Yield | 2.57% |
52-week High | ₹73.50 |
52-week Low | ₹38.65 |
Market Capitalization | ₹41,870 Crores |
Face Value | ₹10 |
Maharashtra Bank Share Price Competitive Landscape
Competitor | Market Capitalization |
Punjab National Bank (PNB) | ₹60,000 Crores |
Union Bank of India | ₹47,000 Crores |
Indian Bank | ₹45,000 Crores |
Bank of India | ₹39,000 Crores |
Central Bank of India | ₹36,000 Crores |
Maharashtra Bank Share Price Target Forecast 2024 to 2030
The projected share price targets for Bank of Maharashtra over the coming years are as follows:
Year | Expected Share Price Target |
2024 | ₹75 |
2025 | ₹93 |
2026 | ₹109 |
2027 | ₹138 |
2028 | ₹157 |
2029 | ₹182 |
2030 | ₹205 |
Factors Influencing Maharashtra Bank Share Price Target for 2024
Projected Target: ₹75
Key Factors:
- Economic Recovery and Growth
- A stable economic environment can lead to increased lending and banking service demand, positively impacting share prices.
- Digital Transformation Initiatives
- Investments in digital banking can enhance customer engagement and operational efficiency, leading to revenue growth.
- Asset Quality and NPAs
- Effective management of non-performing assets can boost investor confidence and positively influence share prices.
Maharashtra Bank Share Price Target for 2025
Projected Target: ₹93
Key Factors:
Regulatory Environment
Favorable changes in banking regulations can enhance profitability and operational performance.
Strategic Partnerships
Collaborations with fintech companies can improve service offerings and expand the customer base.
Economic Indicators and Market Sentiment
Positive macroeconomic indicators can lead to increased financial activity, benefiting the bank’s share price.
Maharashtra Bank Share Price Target for 2030
Projected Target: ₹205
Key Factors:
Technological Advancements
Adoption of AI and blockchain can enhance operational efficiency and customer experience.
Diversification of Revenue Streams
Expanding services beyond traditional banking can create new revenue opportunities and enhance stability.
Sustainable Practices and ESG Initiatives
Commitment to sustainable banking can attract socially conscious investors and improve the bank’s reputation.
Shareholding Pattern
Shareholder Type | Percentage Holding |
Promoters | 79.6% |
Retail and Others | 7.42% |
Other Domestic Institutions | 11.03% |
Foreign Institutions | 1.95% |
Financial Performance Overview
Projected Financials for 2024
Financial Metric | Value (INR) | Year-on-Year Change |
Revenue | ₹88.71 Billion | 35.95% |
Operating Expenses | ₹48.15 Billion | 22.76% |
Net Income | ₹40.72 Billion | 56.31% |
Net Profit Margin | 45.90% | 14.98% |
Earnings per Share | — | — |
EBITDA | — | — |
Effective Tax Rate | — | — |
Conclusion
The Bank of Maharashtra is well-positioned for growth, driven by a favorable economic environment, digital initiatives, and strategic planning. Investors should monitor the key factors that influence its share price to make informed decisions moving forward.
