Bank of Maharashtra Experiences Score Revision Amid Market Challenges Bank of Maharashtra, a key player in the public banking sector, has recently undergone a revision in its score by MarketsMOJO. This adjustment comes during a period of challenging performance for the bank, which has faced a consecutive decline over the past five days, leading to a significant decrease in returns. On December 30, 2024, the stock recorded a loss of 3.14%, underperforming its sector by 0.81%. The bank's stock has been trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend. Additionally, the stock reached an intraday low of Rs 51.61, reflecting a 2.24% drop during the trading session. Over the past month, Bank of Maharashtra has experienced a notable decline of 10.36%, in stark contrast to the Sensex's performance, which saw only a 2.00% decrease. In light of these developments, Bank of Maharashtra has been added to MarketsMOJO's list, underscoring the ongoing scrutiny of its market position and performance indicators. Investors and analysts will be closely monitoring the bank's future performance as it navigates these challenging market conditions.

Bank of Maharashtra, a prominent player in the public banking sector, has recently experienced a revision in its score by MarketsMOJO. This adjustment comes amid a challenging performance period for the bank, which has seen a consecutive decline over the past five days, resulting in a notable decrease in returns.
On December 30, 2024, the stock recorded a loss of 3.14%, underperforming the sector by 0.81%. The bank's stock has been trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend.

Additionally, the stock reached an intraday low of Rs 51.61, reflecting a 2.24% drop during the trading session. Over the past month, Bank of Maharashtra has faced a significant decline of 10.36%, contrasting sharply with the Sensex's performance of just a 2.00% decrease.

In light of these developments, Bank of Maharashtra has been added to MarketsMOJO's list, highlighting the ongoing scrutiny of its market position and performance indicators.