Bank of Maharashtra Sees 12.97 Million Shares Traded, Among Most Active Equities Today

Bank of Maharashtra, a prominent player in the public sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 12,971,449 shares and a total traded value of approximately Rs 75.03 crore. The stock opened at Rs 57.40 and reached a day high of Rs 58.68, while the day low was recorded at Rs 57.13. As of the latest update, the last traded price stands at Rs 57.35.
Notably, the stock has shown a trend reversal, gaining after two consecutive days of decline. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term performance relative to these benchmarks. However, there has been a notable decline in investor participation, with delivery volume on September 23 dropping by 65.09% compared to the 5-day average.

Despite these fluctuations, Bank of Maharashtra maintains a market capitalization of Rs 44,126 crore, categorizing it as a mid-cap stock. Overall, the stock's performance today aligns closely with sector trends, reflecting a mixed but active trading environment.