Bank of Maharashtra Share Price Target 2025: Will MAHABANK Reach ₹70?
Bank of Maharashtra (MAHABANK) has gained attention in recent months with steady growth in both financial performance and stock price. Currently trading at ₹56.27, many investors are keen to know: Can Bank of Maharashtra hit ₹70 by the end of 2025? Here’s the complete technical outlook and price forecast.
Company Overview
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Sector: Public Sector Bank
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Current Price: ₹56.62 (NSE: MAHABANK)
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Market Cap: ₹43,550 crore
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52-Week Range: ₹42 – ₹70.80
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Key Financials:
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Q1 FY26 Net Profit: ₹1,593 crore (+23% YoY)
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Advances Growth: 17.8% YoY
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Deposit Growth: 13.4% YoY
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Net NPA: 1.74%
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The bank’s solid performance, driven by rising advances and improving asset quality, underpins its growth potential.
Technical Analysis (As of July 22, 2025)
| Indicator | Status |
|---|---|
| RSI (14-day) | 69 (Bullish) |
| 50-Day SMA | ₹53.94 |
| 200-Day SMA | ₹52.19 |
| MACD | Positive |
| Stochastic | Strong Signal |
The stock is trading well above key moving averages, indicating a bullish trend with room for further upside.
Key Support & Resistance Levels
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Support Zones: ₹55 – ₹56, with stronger support at ₹52
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Resistance Levels: ₹60 → ₹61, next at ₹65 and ₹70
Share Price Target for 2025
| Period | Target Price | Potential Upside |
|---|---|---|
| Short Term | ₹60 – ₹61 | 6% – 8% |
| Mid Term | ₹65 | 15% |
| Long Term 2025 | ₹70 | 24% |
Analyst Projections:
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S&P via INDmoney: Target ₹70
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WalletInvestor Forecast: ₹69.79 within a year
Suggested Trading Strategy
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Entry Point: ₹56 – ₹57
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Confirmation Buy: On a breakout above ₹60 with volume
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Targets: ₹61 → ₹65 → ₹70
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Stop-Loss: ₹55
Risks and Challenges
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Breach of ₹55 support may lead to a decline toward ₹52
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PSU banks are sensitive to RBI rate decisions and market sentiment
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Any deterioration in NPA levels could affect stock momentum
Summary Table
| Metric | Value |
|---|---|
| Current Market Price | ₹56.27 |
| 2025 Price Target | ₹70 |
| Support Range | ₹55 – ₹52 |
| Resistance Range | ₹60 – ₹70 |
| Technical Outlook | Neutral to Bullish |
| Risk Level | Moderate |
Bank of Maharashtra is showing a steady upward trend with solid fundamentals. If the stock sustains above ₹55 and breaks ₹60 with strong volume, the ₹70 target by 2025 looks achievable.
