Bank of Maharashtra.
Share Price Target & Analysis
NSE:MAHABANK
VWAP
Open
Close
High
Low
52 Week High
1.68 (3.28%)
MAHABANK
(FINANCIAL SERVICES)Turnaround Potential
52 Week Low
EPS
PE
PB
Deluxe
Quality
Steel
Valuation
#Analysis
NSE: MAHABANK Share Price Financial Analysis & Valuation
Bank of Maharashtra. (MAHABANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Public Sector vertical.
It is one of Mid Cap company with Market Capitalization of Rs 14100.4 (in Cr). Total number of free float shares are 259.8 (in Lacs).
Bank of Maharashtra. is listed on NSE with Exchange ID - INE457A01014 and trading code is NSE:MAHABANK with short name Bank of Mah.
Bank of Maharashtra. is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.
In the past 1 year, Bank of Maharashtra. has declared an equity dividend of Rs 1.4 per share. At the current share price of MAHABANK at Rs 52.94, this results in a dividend yield of 2.64 %.
As per the Fundamental Analysis of NSE:MAHABANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MAHABANK underlying value and future prospects. All of this data is available in MAHABANK financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:MAHABANK, it is clearly understood that MAHABANK is Deluxe performer in terms of earnings and profit margins with an EPS of 6.34. NSE:MAHABANK book value per share as of today is 24.5. The current price to book ratio for MAHABANK as of Nov 23, 2024 is 2.16.
Valuation of the Stock: The current valuation of MAHABANK stock is like Steel which means currently the stock is Moderately Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MAHABANK whether to BUY this stock at current valuation. The delivery percentage of MAHABANK is 25.88% is very crucial parameter which shows that 25.88% investors are anticipating that the price of MAHABANK share should go up with VWAP at 52.61.
Now, the main question is whether to BUY or SELL, NSE:MAHABANK at current valuation.
As per latest Analysis No. #2398:-
⇑ STRONG BUY MAHABANK if All Greens
⇗ BUY MAHABANK (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD MAHABANK (With Stop Loss) if only 1 Green
⇘ SELL MAHABANK if NO Green Indicator
NSE: MAHABANK Share Price Today (Nov 23, 2024)
(Bank of Maharashtra. Daily Analysis on the basis of MAHABANK Intraday Graph & Trend)
Bank of Maharashtra. share price moved Up by 3.28% from its previous close of Rs 51.26. MAHABANK stock last traded price is 52.94. MAHABANK share price trend is Up with a total of 11556700 stocks traded till now. It has touched an intraday high of Rs 53.1 and an intraday low of Rs 51.4. The MAHABANK trading at 52.94, Up by Rs. 1.68, or 3.28 percent which suggests that most of the Traders are anticipating that the price of MAHABANK share should go Up.
NSE: MAHABANK Share Price Tomorrow Prediction
(Bank of Maharashtra. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MAHABANK)
Bank of Maharashtra. share price moved Up by 3.28%. MAHABANK share price short term trend is Up. It suggests that MAHABANK Share Price for Tomorrow remains the same with VWAP at 52.61 will be treated as stop loss for intraday traders. Bank of Maharashtra. Long term investors can follow the MAHABANK long term trend as mentiond in future forecast table.
NSE Code |
NSE: MAHABANK |
MAHABANK Share Price Today |
52.94 |
MAHABANK Share Price Target Prediction for 2024 ^ |
44.9 - 61.8 |
MAHABANK Share Price Target Prediction for 2025*^ |
61.8 - 78.7 |
MAHABANK Share Price Target Prediction for 2026*^ |
78.7 - 84.2 |
MAHABANK Share Price Target Prediction for 2027*^ |
88 |
MAHABANK Share Price Target Prediction for 2028*^ |
91 |
MAHABANK Share Price Target Prediction for 2030*^ |
99 |
MAHABANK Current Book Value 2023 |
24.4 |
*Bank of Maharashtra. Short Term & Long Term share price target is based on current financial year earings of the company.
^MAHABANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
MAHABANK Technical Analysis
Candlestick Pattern: @50.5MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 52.11 | SELL | 51.85 | SELL |
MA_12 | 53.81 | SELL | 52.93 | SELL |
MA_20 | 52.72 | SELL | 53.41 | SELL |
MA_32 | 54.22 | SELL | 54.52 | SELL |
MA_50 | 56.05 | SELL | 55.77 | SELL |
MA_100 | 59.52 | SELL | 57.82 | SELL |
MA_200 | 61.66 | SELL | 57.46 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 52.72 | Downtrend |
MACD | -0.11 | SELL |
ADX | 27.73 | Strong Trend |
DMI (+/-) | 16.11 / 32.72 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 37.44 | Neutral |
STOCHASTIC_K (Fast) | 4.46 | Oversold |
STOCHASTIC_D (Slow) | 3.46 | Oversold |
CCI | -110.01 | SELL |
PSAR | 56.96 | SELL |
TRUE RANGE | 1.1 | SELL |
ATR | 2.03 | SELL |
WILLIAMS R | -79.14 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 12.69 | Oversold |
STOCHASTIC RSI D | 4.23 | Oversold |
MOMENTUM | -4.06 | SELL |
Duration | Value |
---|---|
1 Year | 16.49% |
3 Months | -16.02% |
1 Month | -7.44% |
1 Week | -8.65% |
Action | Overall (%) |
---|---|
BUY | 3% |
NEUTRAL / HOLD | 10% |
SELL | 87% |
Most popular Questions & Answers about MAHABANK
Bank of Maharashtra. stock last traded price is 52.94. MAHABANK share price moved Up by 3.28% from its previous close of Rs 51.26.
Bank of Maharashtra. share price trend is Up with a total of 11556700 stocks traded till now. It has touched an intraday high of Rs 74.235 and an intraday low of Rs 51.4. The MAHABANK trading at 52.94, Up by Rs. 1.68, or 3.28 percent which suggests that most of the Traders are anticipating that the price of MAHABANK share should go Up and the Stop Loss will be around 52.61.
The market cap of Bank of Maharashtra. is ₹14100.4 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Bank of Maharashtra. as of Nov 22, 2024 is 10.61.
The current price to book ratio for Bank of Maharashtra. as of Nov 22, 2024 is 2.16.
The highest price of Bank of Maharashtra. stock is ₹73.5 in the last 52-week.
The lowest price of Bank of Maharashtra. stock is ₹42.85 in the last 52-week.
Bank of Maharashtra. share trading at ₹52.94, Up by Rs. 1.68, or 3.28 percent which suggests that most of the traders are anticipating that the price of MAHABANK share should go Up.
In 2023, Stock price target for Bank of Maharashtra. (MAHABANK) are ₹44.9 on downside and ₹61.8 on upside. Bank of Maharashtra. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Bank of Maharashtra. (MAHABANK) are ₹61.8 on downside and ₹78.7 on upside. Bank of Maharashtra. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Bank of Maharashtra. (MAHABANK) are ₹78.7 on downside and ₹84.2 on upside. Bank of Maharashtra. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Bank of Maharashtra. (MAHABANK) will be around ₹91 Bank of Maharashtra. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MAHABANK.
The price of Bank of Maharashtra. (MAHABANK) shares moved by 3.28%. The short-term trend for MAHABANK share price is Up. It implies that the share price of MAHABANK will stay the same tomorrow and that intraday traders should treat VWAP at 52.61 as a stop loss. Investors with a long-term outlook can track MAHABANK long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of MAHABANK stock is 76. Compared to the current market price of 52.94 INR, the MAHABANK stock is Undervalued by 30.3%.
As per the fundamental analysis of Bank of Maharashtra. (MAHABANK), it is of Deluxe quality in terms of earnings and profit margins with an EPS of 6.34. Bank of Maharashtra. book value per share as of today is 24.5. The current price to book ratio for MAHABANK as of Nov 23, 2024 is 2.16.
NSE:MAHABANK News & Other Useful Information about MAHABANK Share Price
Peer Comparison of NSE: MAHABANK
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Banks - Public Sector
Company | Price | EPS | BV |
---|---|---|---|
SBIN | 814.55 | 73.09 | 391.83 |
BANKBARODA | 235.90 | 37.05 | 217.01 |
PNB | 99.99 | 11.13 | 85.5 |
CANBK | 97.01 | 16.9 | 95.86 |
IOB | 50.25 | 1.56 | 13.34 |
UNIONBANK | 115.04 | 20.04 | 127.03 |
BANKINDIA | 103.06 | 16.21 | 136.32 |
CENTRALBK | 52.32 | 3.82 | 32.33 |
INDIANB | 531.60 | 70.35 | 389.12 |
UCOBANK | 41.87 | 1.83 | 20.37 |