Bank of Maharashtra Share Price Today

Techno Funda Ratings

RS Rating
80
Strong
EPS Rating
69
Good
A/D Rating
C
Moderate

Key Metrics

Current Price

₹79.9

Market Cap

₹ 61,456 Cr.

Stock P/E

8.16

ROE

22.6 %

RSI

38.61

Trend

Bearish

Share Price Chart

Technical Commentary

Bank of Maharashtra currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 80 and an EPS Rating of 69. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Bank of Maharashtra continues to trade in a weak macro layout below its 50 DMA (83.4). While a trailing Stock P/E of 8.16 might look cheap on the surface, a low baseline efficiency score (ROE: 22.6%) and a poor TI65 trend signature (Neutral) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 38.61 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

Company Overview

Bank of Maharashtra is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other banking operations.[1]

Bank of Maharashtra share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Bank of Maharashtra share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Bank of Maharashtra share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price79.9
RSI (14)38.61
50 DMA83.4
200 DMA69.02
TrendBearish
A/D RatingC
RS Rating80
EPS Rating69
TI650.98
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Bank of Maharashtra calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹81.49
R2₹80.94
R1₹80.22
PP₹79.67
S1₹78.95
S2₹78.4
S3₹77.68

Financial Ratios

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MetricValue
Market Cap₹ 61,456 Cr.
Current Price₹ 79.9
High / Low₹ 94.5 / 51.7
Stock P/E8.16
Book Value₹ 46.4
Dividend Yield2.75 %
ROCE6.03 %
ROE22.6 %
Face Value₹ 10.0

Quarterly Results

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QuarterSalesProfitOPM
Jun 2023884
Sep 2023920
Dec 20231,038
Mar 20241,230
Jun 20241,295
Sep 20241,333
Dec 20241,412
Mar 20251,502
Jun 20251,504
Sep 20251,669
Dec 20251,799
Mar 20262,045
Jun 20262,023

Shareholding Pattern

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HolderHolding
Promoters 81.61%
FIIs 0.25%
DIIs 13.11%
Public 5.02%
No. of Shareholders1,72,869

Pros and Cons

Pros

  • Healthy return on equity of 22.6% indicating strong capital allocation efficiency.
  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

  • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

Related NSE Stocks

Frequently Asked Questions

What is the current technical trend and RSI for Bank of Maharashtra share?

Based on the latest closing data, the technical momentum for Bank of Maharashtra is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 38.61, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (83.4) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Bank of Maharashtra?

According to Classic Pivot Point methodologies, the core trading floor for Bank of Maharashtra today centers at a Pivot Point (PP) of ₹79.67. Upside resistance challenges are calculated at R1: ₹80.22, R2: ₹80.94, and R3: ₹81.49. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹78.95, S2: ₹78.4, and S3: ₹77.68.

How does the fundamental ROE and P/E ratio look for Bank of Maharashtra?

Bank of Maharashtra is currently trading with a valuation metrics context of a Stock P/E of 8.16, against a core structural efficiency Return on Equity (ROE) standing at 22.6 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 69, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Bank of Maharashtra shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Bank of Maharashtra ... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 80, and long-term trend backing from the TI65 indicator (Neutral pattern).

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