The Bank of Maharashtra offers senior citizens a special FD with an interest rate of 7.77%. An investment of Rs 7.50 lakh will yield approximately Rs 68,501 in interest, resulting in a total of around Rs 8,18,501 for the general public. Nonetheless, investors have the potential to become wealthy with Bank of Maharashtra’s stock.

Stock price is only Rs 52

Surprisingly, the Bank of Maharashtra’s stock price is only Rs 52. If you are interested in investing in Bank of Maharashtra, this news will be extremely advantageous. The Bank of Maharashtra has approximately 2500 branches throughout the nation. The bank has shown good performance over the past three years. The financial performance of Bank of Maharashtra was also positive in the second quarter.

Potential 42% return on investment within the next few months!

There has been a rise in net interest margin (NIM) and net interest income (NII). Yesterday, the trading price of Bank of Maharashtra’s shares was approximately Rs 52.27. Banking analysts have set a price target of Rs 72 for Bank of Maharashtra shares. It is worth noting that there are signals on the technical charts suggesting a potential 42% return on investment within the next 9 to 12 months. The stock was being traded at Rs on Thursday, 21 November 2024. 51.4, a decrease of 1.95%.

 

Bank of Maharashtra traded 64.96 lakh shares

At the same time, the Nifty PSU Bank Index, part of Bank of Maharashtra, has increased by approximately 0.21% in the past month and is now at 6534.75, up by 0.79%. Today, Bank of Maharashtra traded 64.96 lakh shares, which is lower than the average of 154.41 lakh shares traded daily in the past month.

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