Multibagger stock: Bank of Maharashtra stock scaled a fresh high of Rs 52.61 rising 5.53% against the previous close of Rs 49.85 on BSE. Market cap of the bank rose to Rs 36,461 crore in Thursday’s trade.
The net interest earned during the reported quarter stood at Rs 5,171.50 crore which was up 25% year-on-year (YoY) versus Rs 4,130.56 crore in the corresponding quarter of the previous financial year. It was up over 2% on a quarter-on-quarter (QoQ) basis versus Rs 5,067.96 in Q2FY24.
Bank of Maharashtra shares gained 3.54% to a high of Rs 52.22 against the previous close of Rs 50.43 on BSE. Market cap of the bank stood at Rs 35,222 crore.