India's Bank of Maharashtra hits 6-yr high on block deals

Bank of Maharashtra

23/08/2023 09:04

** Shares of India's Bank of Maharashtra  BMBK.NS  up as
much as 4.59% at 39.90 rupees, highest since May 4, 2017 
    ** More than 2.7 mln shares changed hands by 1:29 p.m. IST
in 4 blocks, priced between 39.2 rupees and 39.8 rupees apiece
    ** Co shares trading above 50-day, 100-day and 200-day
simple moving averages, indicating bullish momentum 
    ** BMBK among top gainers in Nifty PSU Bank  .NIFTYPSU 
index 
    ** YTD stock had risen 29% 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))