Bank of Maharashtra is currently trading at Rs. 34.85, up by 0.05 points or 0.14% from its previous closing of Rs. 34.80 on the BSE.
The scrip opened at Rs. 35.05 and has touched a high and low of Rs. 35.30 and Rs. 34.80 respectively. So far 64937 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 37.40 on 07-Jul-2016 and a 52 week low of Rs. 25.00 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 35.80 and Rs. 32.10 respectively. The current market cap of the company is Rs. 4083.33 crore.
The promoters holding in the company stood at 81.61%, while Institutions and Non-Institutions held 13.36% and 5.03% respectively.
Bank of Maharashtra has entered into a corporate agency agreement with Cigna TTK Health for distribution of the latter’s products in the bank’s branches. The bank will offer Cigna TTK’s health insurance products to its two crore customers through its network of over 1,896 branches.
The bank has recently entered into a corporate agency tie-up with Future Generali India Insurance Company to sell its products.
Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.