Bank of Maharashtra Sees 5.87 Million Shares Traded, Among Day's Most Active Stocks

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 5,875,698 shares and a total traded value of approximately Rs 35.11 crore. The stock opened at Rs 59.70 and reached a day high of Rs 60.19, while the day low was recorded at Rs 58.89. As of the latest update, the last traded price stands at Rs 60.10, reflecting a 1.59% increase for the day.
Notably, the stock is currently trading just 2.61% below its 52-week high of Rs 61.39, indicating strong performance relative to its historical price levels. Over the past two days, Bank of Maharashtra has shown a consecutive gain, with a total return of 2.4% during this period. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend.

Investor participation has notably increased, with a delivery volume of 1.25 crore shares on October 31, marking a 43.34% rise compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of up to Rs 2.8 crore based on 2% of the 5-day average traded value. Overall, Bank of Maharashtra's performance today aligns well with sector trends, showcasing its solid market position.