Bank of Maharashtra share price target 2022, 2023, 2024, 2025, 2030– Maharashtra Bank was registered on September 16, 1935 with a capital of Rs10 Lakh. Today, Maharashtra Bank is the country’s premier bank, with a large network and a few ATMs in 29 provinces and 5 union areas. The Bank has a multi-million dollar customer base with advanced technology in promoting customer comfort through Internet Banking, Mobile Banking etc.
In this article, we try to Analyze Bank of Maharashtra Share Price Target 2022, 2023, 2024, 2025 and 2030 with the help of a number of analytical tools and Fundamental Principles.
Bank of Maharashtra share price target 2022, 2023, 2024, 2025, 2030 Table
|Year||Bank of Maharashtra Share Target|
|2022 First Target||Rs 20|
|2022 Second Target||Rs 21|
|2023 First Target||Rs 23|
|2023 Second Target||Rs 24|
|2024 First Target||Rs 26|
|2024 Second Target||Rs 27|
|2025 First Target||Rs 30|
|2025 Second Target||Rs 31|
|2030 First Target||Rs 45|
|2030 Second Target||Rs 50|
Bank of Maharashtra Share Price Target 2022
Maharashtra Bank has a larger branch network than any other public sector banking in Maharashtra. The services offered by the bank include Personal Banking – where they provide services and products such as deposit, savings, personal loans, education loans, RTGS, dementia services, credit cards, etc. and NRI banking where they provide products and services to NRI clients such as FCNR accounts, remittance services, etc. PSU Bank also provides services to the agricultural and SME sectors.
Bank of Maharashtra share price target for 2022 The initial share price of Maharashtra Bank will be Rs 20. And the Second Shared Price Target for 2022 will be around Rs 21.
Bank of Maharashtra Share Price Target 2023
In banking companies, the main source of income is the interest earned on various loans offered to individuals and companies. Maharashtra Bank acquired Rs 11,868.54 Cr. revenue in the last financial year but the Company has grown negatively with revenue of 2.27% over the last 3 financial years. The lender improperly manages the entire portfolio of assets. Gross NPA and Net NPA stand at 7.23% and 2.48% respectively as per the latest annual financial report.
Share Price Target for Bank of Maharashtra for the Financial year 2023. The initial target price of Maharashtra Bank for 2023 will be Rs 23. And the second target price of the Bank of Maharashtra for the year 2023 will be Rs 24.
Bank of Maharashtra Share Price Target 2024
Maharashtra Bank launches WhatsApp Banking Service. The WhatsApp banking service can be accessed by Bank customers and non-customers. The Bank will be providing the following services. balance check, small statement, check questions, check letter request, find branch / ATM, Select login, Exit, Contact us details etc. WhatsApp banking service is available to operate for both Android and iPhone devices. WhatsApp Banking service has a unique feature for non-customers who can inquire about various Banking information depending on their location.
Share Price Target of the Bank of Maharashtra by 2024. The initial target price of the Bank of Maharashtra for the year 2024 will be Rs 26. And the Maharashtra Bank’s Second Budget Target for 2024 will be Rs 27.
Bank of Maharashtra Share Price Target 2025
The Bank of Maharashtra has entered into a Loan Partnership with MAS Financial Services to provide loans to MSME borrowers under an important category, subject to compliance with applicable law under RBI. The participation of both businesses in this joint venture program will result in a significant increase in portfolio by the Bank of Maharashtra & MAS Financial Services. This joint venture program is expected to help both organizations provide relevant information and customer satisfaction to their clients and help expand their reach throughout India.
Bank of Maharashtra Share Price Target 2025. The share price of the Bank of Maharashtra for 2025 will be Rs 30. And the second Shared Price Target of Maharashtra Bank for 2025 will be about Rs 31.
Bank of Maharashtra Share Price Target 2030
Maharashtra Bank has partnered with the National Payments Corporation of India to introduce offline credit cards at the RuPay forum. The Platinum RuPay Creditless Credit Card comes with a list of customer benefits. An unaffected credit card comes with a credit card cover where customers will not be liable to report it after fraud. As part of the welcome benefit, the credit card offers its users 100 reward points on their first purchase of Rs 1000 or more.
Apart from this, the card also offers a discount on fuel charges of up to Rs 200 for petrol purchases costing between Rs 500-4000, at all petrol stations in the country. Users will have the option to convert an appropriate transaction costing Rs 5000 and more into simple EMIs times.
Bank of Maharashtra Share Price Target 2030. The price of the First Shared Bank of Maharashtra for the 2030 year will be Rs 45. And The Price of Second Share The target of Maharashtra Bank will be Rs 50.
Future Prospects of Bank of Maharashtra Share
- The Bank of Maharashtra will hope that the joint venture program is expected to help both businesses to provide relevant information and customer satisfaction to their customers and to help expand their reach throughout India.
- The latest WhatsApp banking service by Bank of Maharashtra is available for both Android and iPhone. WhatsApp Banking service has a unique feature for non-customers who can inquire about various Banking information depending on their location.
Risks of Bank of Maharashtra Share
- The Bank has a high level of NPA. The NPA Bank rate of Maharashtra Bank over the past 3 years stands at 4.26%.
- Maharashtra Bank has brought bad revenue growth over the past 3 years.
Expert Views on Bank of Maharashtra Share
according to expert Stock price Analysis for Bank of Maharashtra Ltd. will show a negative trend in the near future but as time goes on the process of Maharashtra Bank will go up and give you good growth over time.
Bank of Maharashtra Share F.A.Q
– How can I buy shares in Bank of Maharashtra
All of you can buy shares of Bank of Maharashtra through many different trading or demat account applications such as groove and upstox.
– Is Maharashtra Bank affiliated with other banks?
No, Maharashtra Bank remains and operates as a private bank.
– Is Maharashtra Bank Share a good penny to buy?
Yes, You can definitely think of investing in small amounts for a long time.
I hope that after reading the article Bank of Maharashtra Share Price Target 2022, 2023, 2024, 2025, 2030 you must have got a good idea which side can be seen in the growth of the bank in the coming days. First you need to analyze the stock of Maharashtra Bank carefully and if you want to know about the Maharashtra Bank share you can read the article given above to know if the investment in shares of Maharashtra Bank is worth it or not.