by Last Updated on May 27, 2025 by Aditi Bapat
The Bank of Maharashtra share price target for the upcoming years is a topic of considerable interest for investors and market analysts. The bank has faced significant challenges in recent years, but as the banking sector evolves, its future prospects appear promising. With a current market price of ₹56.6 and a general downtrend in the stock market, let’s dive deeper into the potential future price targets of Bank of Maharashtra, spanning from 2025 to 2040. We will explore its history, financial outlook, stock performance, and projected growth.
Bank of Maharashtra Share Price Target
1. Company History
Bank of Maharashtra is a public-sector bank established in 1935 in Pune, India. It started with a vision to promote economic growth through banking services, especially catering to the local and rural population. Over the decades, it has evolved into one of India’s prominent nationalized banks. Key Milestones include its nationalization in 1969, a public listing on the Indian stock exchanges, and continuous expansion of its network across the country.
Today, Bank of Maharashtra is a major player in the Indian banking sector, providing a range of banking services such as retail banking, corporate banking, and digital banking. The bank focuses on driving financial inclusion and has been strengthening its digital infrastructure. The current CEO, A.S. Rajeev, has been leading the bank’s efforts in reducing Non-Performing Assets (NPAs) and enhancing profitability. The bank’s core business revolves around providing loans, deposits, and digital banking solutions to its customers across India.
2. Current Share Price (CMP)
As of the latest available data, the current market price (CMP) of Bank of Maharashtra shares stands at ₹56.6. The stock has experienced a downtrend recently, with the market sentiment remaining cautious, especially for public-sector banks. This price represents a decrease of around 4% over the past month. However, the low CMP presents an opportunity for long-term investors who believe in the growth potential of the bank.
3. Current Share Price Chart & Historical Share Price
Looking at the historical share price of Bank of Maharashtra, over the past 5 years, the stock has seen fluctuations, with significant highs and lows. The stock’s price reached a high of ₹90 during 2018 and dipped to as low as ₹45 in 2020 during the pandemic.
| Year | High (₹) | Low (₹) |
|---|---|---|
| 2019 | 85 | 60 |
| 2020 | 75 | 45 |
| 2021 | 82 | 50 |
| 2022 | 78 | 55 |
| 2023 | 85 | 55.6 |
The Bank of Maharashtra share price has shown some recovery since 2020, but external market factors such as the broader economy, government policies, and NPA issues have influenced its performance.
4. Peer Competitors & Market Capitalization
Bank of Maharashtra faces competition from other public-sector banks such as Punjab National Bank, Bank of India, and Indian Bank. Below is a comparison of the market capitalization of its key competitors:
| Bank Name | Market Capitalization (₹ Cr) |
|---|---|
| Bank of Maharashtra | 15,000 |
| Punjab National Bank | 50,000 |
| Bank of India | 35,000 |
| Indian Bank | 23,000 |
As seen above, Bank of Maharashtra is relatively smaller in size compared to its peers, which can both limit its market influence but also present potential for significant growth.
5. Share Performance
Here’s a summary of the Bank of Maharashtra’s stock performance over various periods:
| Time Period | Stock Price (₹) | Change (%) | Remarks |
|---|---|---|---|
| 1 Week | 56.6 | -2.0% | The stock has been down recently due to market corrections. |
| 1 Month | 58.0 | -4.0% | Slow downtrend due to broader market sentiment. |
| 1 Year | 55.6 | -5.0% | The stock has not seen much growth recently. |
| 5 Years | 80.0 | -15.0% | The stock has seen significant fluctuations, primarily driven by NPAs. |
The performance reflects a challenging period for Bank of Maharashtra, with volatility stemming from external and internal factors, but long-term growth is possible as the bank’s digital and rural outreach initiatives gain traction.
6. Latest News & Their Impact
In recent news, Bank of Maharashtra has been making significant strides towards reducing its NPA levels, which could impact future stock performance positively. The government has also announced several initiatives aimed at supporting public sector banks, which may favor Bank of Maharashtra. However, the overall economic slowdown and rising inflation continue to be a challenge.
- Impact of NPA reduction: The bank’s focus on improving asset quality and reducing bad loans will improve profitability and could drive stock prices higher in the medium to long term.
- Government Support: Ongoing government initiatives to support public-sector banks could result in favorable policies for Bank of Maharashtra in the coming years.
7. Financial Data
Here are the key financial ratios and data for Bank of Maharashtra:
| Financial Metric | Value |
|---|---|
| Market Cap | ₹15,000 Cr |
| 52-Week Range | ₹50 – ₹85 |
| P/E Ratio | 5.0 |
| Dividend Yield | 1.5% |
| Debt-to-Equity Ratio | 1.2 |
| Net Profit Margin | 12% |
The P/E ratio of 5.0 is relatively low, suggesting the stock may be undervalued, making it an attractive option for value investors.
8. Projected Share Price Targets (2025, 2026, 2027, 2030, 2035 & 2040)
In the following sections, we will explore Bank of Maharashtra’s share price targets for the upcoming years. Please note that these projections are based on current market trends and assumptions about the bank’s performance.
Share Price Target for 2025
| Month | Target Price (₹) | Notes |
|---|---|---|
| January | 58.0 | Expected recovery from market downturn. |
| February | 60.0 | Steady upward movement as investor sentiment improves. |
| March | 62.5 | Gradual rise with digital growth initiatives. |
| April | 64.0 | Further growth due to NPA reduction initiatives. |
| December | 70.0 | Potential rally toward the end of the year. |
Share Price Target for 2026
| Month | Target Price (₹) | Notes |
|---|---|---|
| January | 72.0 | Increase due to continued focus on retail banking. |
| February | 74.5 | Positive market sentiment from government support. |
| March | 77.0 | Solid growth driven by operational efficiencies. |
| December | 80.0 | Higher digital banking penetration boosts stock. |
Share Price Target for 2030 and Beyond
By 2030, Bank of Maharashtra is expected to see more significant growth due to its strategic focus on digital banking and financial inclusion.
| Year | Target Price (₹) | Price Swing (%) |
|---|---|---|
| 2030 | 120 | +20% |
| 2035 | 160 | +25% |
| 2040 | 250 | +30% |
| 2050 | 350 | +40% |
9. Financial Condition for the Last 5 Years
Here is the financial condition of Bank of Maharashtra for the past 5 years:
| Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | P/E Ratio | Dividend Yield (%) | High-Low (₹) |
|---|---|---|---|---|---|
| 2019 | 6,500 | 500 | 8.0 | 1.2 | 85-60 |
| 2020 | 5,900 | 450 | 5.5 | 1.0 | 75-45 |
| 2021 | 6,200 | 550 | 6.5 | 1.2 | 82-50 |
| 2022 | 6,700 | 600 | 7.0 | 1.4 | 78-55 |
| 2023 | 6,900 | 650 | 6.5 | 1.5 | 85-55 |
Conclusion
In conclusion, the Bank of Maharashtra share price target for 2025, 2026, 2027, and beyond shows positive growth potential, with price swings expected along the way due to external market factors. The bank’s focus on reducing NPAs, increasing digital penetration, and diversifying its portfolio will likely support long-term growth. Investors looking for a stable yet potentially rewarding investment opportunity should consider Bank of Maharashtra as part of their portfolio, especially for long-term gains.
Aditi Bapat is a seasoned financial writer and analyst with a passion for simplifying complex investment concepts for readers. With over 5 years of experience in the finance and stock market industry, Aditi brings in-depth knowledge of market trends, stock analysis, and investment strategies. Her writing aims to empower investors, both new and experienced, by providing actionable insights and up-to-date information. When she’s not analyzing market trends, Aditi enjoys reading about technology innovations and financial planning. You can connect with her through her articles or social media for more expert insights.
