Bank of Maharashtra's Stock Price Declines by -3.67% on October 21, 2024

Oct 21 2024 03:20 PM IST
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On October 21, 2024, Bank of Maharashtra's stock price declined by -3.67%, underperforming the sector by -2.1%. According to MarketsMojo, the current stock call for Bank of Maharashtra is 'Hold'. The stock is trading below its moving averages and has seen a -4.01% 1-day performance and -10.97% 1-month performance compared to the Sensex.

Bank of Maharashtra, one of the leading public banks in India, has seen a decline in its stock price on October 21, 2024. The stock has lost -3.67% on this day, underperforming the sector by -2.1%. The stock touched an intraday low of Rs 52.25, a decrease of -3.56% from the previous day's closing price.

According to MarketsMOJO, a leading stock market analysis and research platform, the current stock call for Bank of Maharashtra is 'Hold'. This suggests that investors should hold on to their existing shares and not make any new investments in the stock at this time.

In terms of moving averages, Bank of Maharashtra is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

On a broader scale, Bank of Maharashtra's 1-day performance is -4.01% compared to the Sensex's performance of -0.11%. Similarly, the stock's 1-month performance is -10.97% while the Sensex has seen a decline of -4.03% in the same period.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative overview of Bank of Maharashtra's recent stock performance. As always, investors are advised to do their own research and consult with a financial advisor before making any investment decisions.
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