BANK OF MAHARASHTRA share price has zoomed 9% and is presently trading at Rs 13.
Meanwhile, the BSE BANKEX Index is at 35,482 (up 0.2%).
Among the top Gainers in the BSE BANKEX Index today is BANK OF MAHARASHTRA (up 9.0%).
HDFC BANK and AXIS BANK (down 0.1%) are among the top losers today.
Over the last one year, BANK OF MAHARASHTRA has moved down from Rs 15 to Rs 13, registering a loss of Rs 2 (down 15.0%).
On the other hand, the BSE BANKEX has moved up from 29,603 to 35,482, registering a gain of 5,879 points (up 19.6%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 38.2%), ICICI BANK (up 37.1%) and CITY UNION BANK (up 29.5%).
The BSE Sensex is at 40,736 (up 0.4%).
The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 2.9%), BHARTI AIRTEL (up 1.8%) and COAL INDIA (up 1.7%). Other gainers include INDUSIND BANK (up 1.4%) and ASIAN PAINTS (up 1.1%). The most traded stocks in the BSE Sensex are BAJAJ AUTO and MARUTI SUZUKI.
In the meantime, NSE Nifty is at 12,005 (up 0.5%). RELIANCE IND. (up 3.0%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 35,775 to 40,736, registering a gain of 4,961 points (up 13.5%).
BANK OF MAHARASHTRA net profit declined 103.0% YoY to Rs 1 billion for the quarter ended September 2019, compared to a loss of Rs 38 billion a year ago. Operating income rose 9.6% to Rs 29.0 billion during the period as against Rs 26.5 billion in July-September 2018.
For the year ended March 2019, BANK OF MAHARASHTRA reported 328.3% increase in net profit to Rs 47.6 billion compared to net profit of Rs 11.1 billion during FY18.
Revenue of the company grew 2.2% to Rs 108 billion during FY19.
The current Price to earnings ratio of BANK OF MAHARASHTRA, based on rolling 12 month earnings, stands at down 1.0x. p >
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