Bank of Maharashtra Share Price Target 2023, 2024, 2025, 2026, 2030

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MAHABANK Share Analysis, Historical Price, Businesses, Future Plans, News and Bank of Maharashtra Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030).

Bank of Maharashtra, It is a banking sector related company. Many investors have invested in the shares of this company and many people want to invest in it. So it comes to the point that is this share is good for long term investment? Today we will know the answer in this blog, so stay tuned till the end of the blog.

Hey friends, Before analysing the company’s stock, I would like to give you some brief description of it. After that we will try to understand it’s fundamentals, and then we will try to conclude the Bank of Maharashtra Share Price Target. So I hope that you will like this blog and we have written it after doing our complete analysis, so it will prove to be helpful in your investment as well. Let’s get started –

About Bank of Maharashtra Company

Bank of Maharashtra Share Price Target, Analysis, Historical Price and More

Bank of Maharashtra (MAHABANK) is a banking sector which was established in 1935. The company is headquartered in Pune, Maharashtra, india and has more than 1800 branches all over the india.

This bank offers a wide range of services to its customers some of which are personal banking, corporate banking and international banking services. Bank of Maharashtra’s personal banking services include savings accounts, current accounts, fixed deposits, loans, and credit cards. They also provides services such as Internet Banking, Mobile Banking, and SMS Banking to make banking more convenient for its customers.

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Bank of Maharashtra Share Analysis

It’s stock is available for trading on the National Stock Exchange and Bombay Stock Exchange. When analyzing the stock of Bank of Maharashtra, investors may look at the bank’s financial performance, management team, and economic factors affecting the banking industry. Some key metrics that investors may consider when analyzing Bank of Maharashtra’s stock include –

Stock Bank of Maharashtra
P/E ratio7.77
ROE17.45%
EPS3.86
Debt To Equity 0.68
Dividend Yield 4.33%

Bank of Maharashtra Financial Trends

If we talk about the Revenue and Profit of Bank of Maharashtra then –

Bank of Maharashtra Financial Trends

Its revenue in 2019 has been ₹ 12,418 crore and profit is ₹ -4,763 crore. There was a revenue of ₹ 13,155 crore in 2020 and a profit of ₹ 399 crore. In the same 2021, there was a profit of ₹ 571 crore with a revenue of ₹ 14,515 crore. And this year i.e. in 2022 there has been a profit of ₹ 1,153 crore with a revenue of ₹ 15,674.

Bank of Maharashtra Share Price History

Historical price data of any stock is very important. Therefore, now we will tell you the historical price of Bank of Maharashtra, so that you can estimate the future performance by analysing it’s past performance. Bank of Maharashtra Share Price in 2004 to now are as follows –

YearsOpen Price Closed Price
2004₹43₹40.35
2005₹38.25₹32.40
2006₹35.80₹40
2007₹40.70₹78.70
2008₹92.90₹23.05
2009₹25.60₹50
2010₹52.60₹66.35
2011₹64₹38.45
2012₹45.55₹59.25
2013₹62.70₹36.35
2014₹36.25₹42.40
2015₹44.20₹32.40
2016₹32.25₹28.65
2017₹29.20₹22.85
2018₹23.65₹15.05
2019₹15.45₹13.20
2020₹12.85₹13.25
2021₹13.65₹19.20
2022₹20.35₹30.60
2023₹30.55
Share price history are in approx.

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Bank of Maharashtra Share Price Target table list

YearsFirst Target Second Target
2023₹38₹40
2024₹49₹54
2025₹60₹70
2030₹90₹120

Bank of Maharashtra Share Price Target 2023

The company is performing very well for the last 2 years. It has given a return of 50% in the last one year and it is expected that this year the stock can give a return of around 25%. That is, Bank of Maharashtra Share Price Target 2023 will be ₹ 38 and second target will be ₹ 40. However the past returns of the stock are very bad so before investing once look its future plans.

Bank of Maharashtra Share Price Target 2024

If we look at its fundamentals then it is gradually improving. The P/E ratio of this stock is 7.67 which is considered good while its ROE and EPS is 17.45% and 3.46 which is fine. Due to good fundamentals, good growth can be seen in the stock. Keeping this in mind, the first and second Bank of Maharashtra Share Price Target 2024 will be ₹ 49 and ₹ 54 respectively.

Bank of Maharashtra Share Price Target 2025

Its financial is very good so Bank of Maharashtra Share Price Target 2025 will be ₹ 60 and second target price can be ₹ 70. If we look at its profit, then it is continuously increasing every year, since the profit of the company in 2021 was 571 crore while in 2022 the profit was ₹ 1,153 crore. Along with this, there is a good growth in Bank of Maharashtra’s revenue and net worth.

Bank of Maharashtra Share Price Target 2030

The company also has huge debt, which is a matter of concern for the company and investors. The Debt to Equity ratio of the stock is 14.9 i.e. the company has debt of ₹ 2,10,022 crore. Taking this into account, Bank of Maharashtra Share Price Target 2030 will be ₹ 90 and second target of the company can be ₹ 120. Due to all this, the stock can fluctuate a lot due to which it can be seen around the stated target.

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Conclusion

The financial and fundamentals of the company are very good, due to which it has been seeing good growth for a few years. Due to the huge debt on the company, it can also see a decline. Therefore, if you invest in the shares of Bank of Maharashtra, then once you must research about it very well by yourself.

So that’s all in this article, I hope you have like reading about the company’s share. If you are investing only after looking Bank of Maharashtra Share Price Target then do not do this, because share price forecasted only after looking at its fundamentals which keeps changing time to time. So, if you have like this article, then don’t forget to share it. Thank you….

FAQs

Is Bank of Maharashtra Debt free company?

No, the company has huge debt of ₹ 2,10,022 crore and its debt to equity ratio is 14.9.

What was the share price of Bank of Maharashtra in 2004?

The Bank of Maharashtra Share Price in 2004 was ₹ 43 and closed price was ₹ 40.

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DISCLAIMER – Stock Market Investment are subject to market risks, read all scheme related documents carefully before investing.

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