Bank of Maharashtra plans to further raise capital to reduce government holding below 75% and comply with Sebi's MPS norms.

Bank of Maharashtra rose 1.86% to Rs 51.95 after the bank reported standalone net profit of Rs 1,406.45 crore in Q3 FY25, registering a growth of 35.82% as against Rs 1,035.51 crore posted in Q3 FY24.

IST, the barometer index, the S&P BSE Sensex, added 218.80 points or 0.29% to 76,949.10. The Nifty 50 index rose 75.55 points or 0.33% to 23,288.75.

Experts recommend four intraday stocks for today — Bank of Maharashtra, NBCC, Rattanindia, and Punjab & Sind Bank ...

Q3 is expected to be a weak quarter for lenders, including Axis Bank, as the sector continues to grapple with challenges such ...

Both gross and net non-performing assets were lower in the December quarter against the September quarter. Shares of Punjab & Sind Bank Ltd ended at ₹46.29, down by ₹1.42, or 2.98%, on the BSE.