Bank of Maharashtra's Stock Sees Decline, Underperforms Sector on October 25

Bank of Maharashtra, one of the leading public banks in India, has seen a decline in its stock price on October 25, 2024. The stock has lost -3.58% on this day, underperforming the sector by -0.47%. This is the second consecutive day of losses for the bank, with a fall of -4.3% in the last two days.

The stock touched an intraday low of Rs 48.29, a decrease of -3.36%. Bank of Maharashtra is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

The public banking sector as a whole has also seen a decline, with a fall of -2.92%. However, Bank of Maharashtra's performance has been worse, with a -3.52% decrease compared to the Sensex's -0.78% performance on the same day.

In the past month, Bank of Maharashtra's stock has seen a significant decline of -19.90%, while the Sensex has also seen a decrease of -6.73%. MarketsMOJO has given a 'Hold' call for the stock, indicating a neutral stance for investors.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Bank of Maharashtra's stock.