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Why is Bank of Maharashtra Share Price Falling? Check Next Share Price Target 

Tue Mar 17 2026

Why is Bank of Maharashtra Share Price Falling? Check Next Share Price Target 

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As per the recent Bank of Maharashtra share price of ₹62.67, it underperformed its sector by 1.04% over the past day. The stock has fallen 8.96% over the past 5 days and declined 6.88% over the past month. This drop was sharper than the Sensex’s 1.41% fall to 35,812.02 points, indicating early signs of relative weakness. This relative underperformance highlights the stock’s sensitivity to sector-specific dynamics and broader market pressures. The company’s financial performance in the latest quarter underscores its enduring operational resilience. 

The stock remains liquid enough for trading, but its moving averages suggest a mixed outlook, and even the stock’s recent performance. The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning underscores the prevailing negative momentum and suggests the stock is navigating a challenging period for price stability.  

Key Reasons Behind the Bank of Maharashtra Share Price Falling 

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There are several reasons behind the Bank of Maharashtra share price falling, including a weak overall market and pressure on the banking sector, negative market sentiment and selling pressure, Government Stake Sale Concerns, Sector-Specific Risks (PSU Banks), and Valuation Concerns After a Strong Rally.    

Below are the key reasons behind the Bank of Maharashtra share price fall: 

  • Weak Overall Market & Banking Sector Pressure: This is not a problem related to any particular stock, as this is a general decline in the banking sector. PSU bank stocks have faced pressure due to low market sentiment. There have been sharp corrections in the banking index, including Bank of Maharashtra.
  •  Negative Market Sentiment & Selling Pressure: This stock has witnessed continuous selling, including gap-down openings, indicating low investor sentiment. Even the stock has declined more compared to the market and its sector recently.
  •  Government Stake Sale Concerns: It is heard that the government is planning to reduce its holding in order to meet the minimum public shareholding requirement of 25%. The fear of increased market supply is the reason for the fall in the stock price. 
  • Sector-Specific Risks (PSU Banks): Public sector banks are exposed to certain risks, including agriculture loans and policy-related issues like loan waivers, which could affect the profitability estimates, thereby causing the stock prices to fall.
  • Valuation Concerns After Strong Rally: The stock has given strong returns in the past (40% in the last 1 year) and could be trading at a premium, according to some analysts. This leads to a correction as investors sell the stock to book profits.

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Bank of Maharashtra Recent Market Performance

The recent Bank of Maharashtra share price stands at ₹62.67, down 1.04% over the past day. The broader Sensex index also declined, though less severely, previously closed at 63.33, underscoring that Bank of Maharashtra movement was more acute than the general market trend. The Bank of Maharashtra share price has also declined by 6.88% over the past month and risen by 9.35% over the past six months. The 52-week high of Bank of Maharashtra is ₹77.00, and the 52-week low of Bank of Maharashtra is ₹42.00. 

Note: For the live Bank of Maharashtra  Share Price Target, visit the univest app and check the stock fundamentals.  

Bank of Maharashtra Share Price Target 

Bank of Maharashtra has an average share price target of 68.10. The consensus estimate represents an upside of 8.10% from the last price of 62.67. View the 5 reports from 8 analysts offering long-term price targets for Bank of Maharashtra. The consensus rating for Bank of Maharashtra is Neutral, based on insights from 12 analysts; 6 recommend buying, 3 suggest selling, and 3 recommend holding. Latest broker research reports have recommended buy, sell, and hold with the forecasted share price targets. 

Bank of Maharashtra Share Price Target 2026

As per the technical data, the minimum Bank of Maharashtra share price target is ₹65.41, and the maximum price that Bank of Maharashtra shares can reach is ₹87.08. 

Below are Bank of Maharashtra monthly share price targets for 2026; 

MonthsPrice Target
Bank of Maharashtra  share price target for March 2026₹69.01
Bank of Maharashtra  share price target for April 2026₹70.80
Bank of Maharashtra  share price target for May 2026₹72.66
Bank of Maharashtra  share price target for June 2026₹74.53
Bank of Maharashtra  share price target for July 2026₹76.47
Bank of Maharashtra  share price target for August 2026₹78.53
Bank of Maharashtra  share price target for September 2026₹80.66
Bank of Maharashtra  share price target for October 2026₹82.85
Bank of Maharashtra  share price target for November 2026₹85.01
Bank of Maharashtra  share price target for December 2026₹87.08

Summary of Bank of Maharashtra  Share Price Target for 2026: 

  • The initial Bank of Maharashtra share price target for 2026 was projected to be ₹65.41. 
  • With favourable market conditions, the Bank of Maharashtra mid-year share price target could reach ₹74.53.
  • By the end of 2026, the Bank of Maharashtra share price target is expected to reach ₹87.08, indicating bullish market trends in the near future. 

Bank of Maharashtra  Share Price Target 2027

After using Fibonacci Projections, the estimated first half of the year Bank of Maharashtra  share price target is expected to reach between ₹89.28-₹101.72, and the maximum value that shares of Bank of Maharashtra  can reach is ₹118.86. 

Below are the Bank of Maharashtra  monthly share price targets for 2027; 

MonthsPrice Target
Bank of Maharashtra share price target for January 2027₹89.28
Bank of Maharashtra  share price target for February 2027₹91.78
Bank of Maharashtra  share price target for March 2027₹94.20
Bank of Maharashtra  share price target for April 2027₹96.64
Bank of Maharashtra share price target for May 2027₹99.17
Bank of Maharashtra share price target for June 2027₹101.72
Bank of Maharashtra share price target for July 2027₹104.38
Bank of Maharashtra share price target for August 2027₹107.19
Bank of Maharashtra share price target for September 2027₹110.09
Bank of Maharashtra share price target for October 2027₹113.08
Bank of Maharashtra  share price target for November 2027₹116.04
Bank of Maharashtra share price target for December 2027₹118.86

Summary of Bank of Maharashtra  Share Price Target for 2027: 

  • The initial Bank of Maharashtra share price target for 2027 was ₹89.28. 
  • With favourable market conditions, the mid-year Bank of Maharashtra share price target could reach ₹101.72.
  • By the end of 2027, the Bank of Maharashtra share price target is expected to reach ₹118.86, indicating bullish market trends in the near future. 

Summary of Bank of Maharashtra Share Price Target from 2026 to 2030 

Here’s the summary of Bank of Maharashtra share price target from 2026 to 2030: 

Year Initial Target Mid-YearYear-End Target
2026₹65.41₹74.53₹87.08
2027₹89.28₹101.72₹118.86
2028₹121.86₹138.84₹162.23
2029₹166.33₹189.51₹221.43
2030₹227.03₹258.66₹302.24

Bank of Maharashtra: Analyst Rating 

  • The average 12-month price target is ₹121.90, and the consensus rating is Hold (a mix of Buy, Hold, & Sell). 
  • The analyst’s target range is between ₹65.41 and ₹87.08. 
  • According to some analysts, concerns remain about a ‘Reduce’ call at ₹65.41. 
  • The analyst’s sentiment is mixed; there have been recent bullish calls (ICICI, JM), but also cautious ones (Motilal Oswal, Nuvama). 

Note: For the live Bank of Maharashtra  Share Price Target, visit the univest app and check the stock fundamentals.  

Bank of Maharashtra Future Outlook 

Bank of Maharashtra Limited

While the recent trading activity in Bank of Maharashtra highlights fluctuating volatility and investor interest, the prevailing downward price trend and volume concentration near lows suggest caution. Bank of Maharashtra is forecast to grow earnings and revenue by 9.60% and 21.20% per annum, respectively. EPS is expected to grow by 9.6% per annum. Return on equity is forecast to be 19.10% in 3 years. 

Investors and other market participants may find value in monitoring delivery volumes with the prevailing price movements. The bank has a high valuation, with a high Price to Book Value, leading to high market volatility relative to its risk-based assets. 

Also Read: Why is Rain Industries’ Share Price Falling? 

What is the Right Time to Buy Bank of Maharashtra Shares? 

According to analysts, the Bank of Maharashtra share price is determined by market factors. The share price has decreased due to internal company factors, as discussed above. Therefore, investors must review all relevant factors before investing in Bank of Maharashtra. There are some factors to consider before investing in Bank of Maharashtra shares.

  • Strong Fundamentals: Investors should review Bank of Maharashtra  Company’s fundamentals before investing. If a company has strong fundamentals, high profitability, and effective management, then investors should consider investing in it.    
  • Financing Partnerships: Financing partnerships bridge the gap between customers and financial institutions, facilitating the distribution of a wide range of products and generating positive sales revenue for many consumers.   
  • Growth in the Banking sector: The company is well-positioned in the Banking sector to deliver benefits to Bank of Maharashtra.This dominant sector increases demand and prices for Bank of Maharashtra.
  • Highly Volatile: Prices are highly volatile, leading to significant price changes that substantially affect the Bank of Maharashtra stock price. Investors must review the market structure before investing in Bank of Maharashtra company shares. 

Note: For the live Bank of Maharashtra Share Price Target, visit the univest app and check the stock fundamentals. 

Conclusion 

To summarise, Bank of Maharashtra opened at ₹62.67, down 1.04% from the previous close, marking the lowest intraday level as well. The Bank of Maharashtra share performance underperformed both its sector and the broader market, continuing a sequence of declines over the recent sessions. Technical indicators predominantly point to a cautious market assessment, with the stock trading below all moving averages and exhibiting bearish momentum.   

FAQs

What are the key reasons behind the Bank of Maharashtra share price fall? 

There are several reasons behind the Bank of Maharashtra share price falling, including a weak overall market and pressure on the banking sector, negative market sentiment and selling pressure, Government Stake Sale Concerns, Sector-Specific Risks (PSU Banks), and Valuation Concerns After a Strong Rally. It is reported that the government is planning to reduce its holding to meet the minimum public shareholding requirement of 25%. The fear of increased market supply is the reason for the fall in the stock price. 

What is the Bank of Maharashtra share price target? 

Ans.  Bank of Maharashtra has an average share price target of 68.10. The consensus estimate represents an upside of 8.10% from the last price of 62.67. View the 5 reports from 8 analysts offering long-term price targets for Bank of Maharashtra. The consensus rating for Bank of Maharashtra is Neutral, based on insights from 12 analysts; 6 recommend buying, 3 suggest selling, and 3 recommend holding.

What are the factors affecting Bank of Maharashtra  shares? 

According to analysts, the Bank of Maharashtra  share price is determined by market factors. The share price has decreased due to internal company factors, as discussed above. Therefore, investors must review all relevant factors before investing in Bank of Maharashtra. There are some factors to consider before investing in Bank of Maharashtra  Company shares. Financing partnerships bridge the gap between customers and financial institutions, facilitating the distribution of a wide range of products and generating positive sales revenue for many consumers.

Is Bank of Maharashtra a good share to buy? 

Ans. Bank of Maharashtra is forecast to grow earnings and revenue by 9.60% and 21.20% per annum, respectively. EPS is expected to grow by 9.6% per annum. Return on equity is forecast to be 19.10% in 3 years. Investors and other market participants may find value in monitoring delivery volumes with the prevailing price movements.  

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