Rangebound trading is expected to continue until the benchmark indices trade below the previous week’s high. Below are some short-term trading ideas to consider.
On January 24, 2025, Moneycontrol citing sources reported that bank is expected to do additional provisions of Rs 125-150 crore every quarter.
Net Interest Income (NII) grew by 15.71 percent year-on-year to Rs 3,248 crore in Q2FY26 as against Rs 2,807 crore for Q2FY25.
As on June 30, government holds 79.60 percent stake in the bank. To meet SEBI's norms, the bank is required to dilute 4.60 percent.
PSU Bank stocks: Bank of India shares jumped nearly 4 percent to trade at Rs 129 apiece, while those of Bank of Maharashtra gained over 3 percent to hover around Rs 57 apiece.
The widespread anticipation of RBI cutting interest rates, positive earnings and favourable valuations have led to significant buying interest in trade on May 30.
Nidhu Saxena also says he is confident that the company will maintain its CASA deposits, despite the falling interest rate environment
For the full year FY25, Bank of Maharashtra reported a net profit of Rs 5,519.79 crore, up 36 percent from Rs 4,055.03 crore in FY24.
Bank of Maharashtra's total deposits grew by 13.4 percent on a year-on-year basis, reaching Rs 3.07 lakh crore
Stocks to Watch, Mar 18: Stocks like Raymond Lifestyle, Aditya Birla Real Estate, Samvardhana Motherson International, NBCC (India), Coffee Day Enterprises, Triveni Engineering & Industries, Morepen Laboratories, Life Insurance Corporation of India, Suryoday Small Finance Bank, Religare Enterprises, and Gopal Snacks will be in focus on March 18.
The Pune-based lender has received Reserve Bank of India’s approval to set up an International Financial Services Centre (IFSC) Banking Unit at GIFT City.
The RBI, had in March 2020, rolled out regulatory guidelines for the implementation of Indian Accounting Standards (Ind AS) by non-banking financial companies (NBFCs)
All listed companies must have an minimum public shareholding of 25 percent. The deadline for all PSUs to adhere to the norm was August 1, 2024 but the government extended it to August 1, 2026
Yes Bank reported nearly 15% YoY jump in deposits in December quarter at Rs 2.77 lakh crore
Stocks To Watch Today, Jan 3: Stocks like Capital Small Finance Bank, Avenue Supermarts, Hindustan Zinc, MOIL, Varun Beverages, Indian Railway Finance Corporation, NHPC, Axiscades Technologies,Honasa Consumer, Pricol, Allcargo Logistics, PB Fintech, Swan Energy, Gujarat Toolroom, and Citichem India will be in focus on January 3.
Moneycontrol collated a list of top 10 rate sensitive stocks from experts with a 3-4-week perspective after the Reserve Bank of India slashed cash reserve ratio by 50 bps.
The new rate will come into effect from October 19.The rates for other tenures remain unchanged.
The state-owned lender also wants to grow its co-lending book in a major way in this financial year, the official said
The bank’s net profit stood at Rs 1,293.68 crore in the first quarter of the current financial year
The bank's net interest income (NII) also saw a robust growth of 20 percent, reaching Rs 2,799 crore from Rs 2,340 crore year-on-year (YoY)
5paisa Capital, Bhansali Engineering Polymers, Plastiblends India, Geojit Financial Services, Marico, Rail Vikas Nigam, Jupiter Wagons, Zomato and Alembic Pharmaceuticals will also be in focus on Monday.
On June 18, National Housing Bank and Tata Capital Ltd raised Rs 3,490 crore through bonds.
In terms of net NPAs, BoM and Indian Bank reported the lowest numbers, with 0.2 per cent and 0.43 per cent, respectively
Bank of Maharashtra Q4 results: The bank reported net profit of Rs 840 crore in the year-ago period
The RSI Smoothened indicator that recently witnessed a dip has turned northward and is flashing fresh buy signals. In the week beginning April 1, close attention will be paid to the all-time high levels above 22,500, as hesitation was evident at these levels