India's Bank of Maharashtra jumps to 15-year high on quarterly profit boost

Bank of Maharashtra

21/04/2026 05:41

**Shares of Bank of Maharashtra BMBK.NS rise as much as 6.47% to 80.43 rupees apiece, highest since November 2010

**Stock last up 4.7% at 79.1 rupees

**Bank's March-qtr profit rises nearly 35% to 20.14 billion rupees ($215.86 million)

**Multiple brokerages such as ICICI Direct, HDFC Institutional Research and Systematix term the quarterly performance strong, calling all-round credit growth, steady deposit growth and improving asset quarterly positives

**More than 40.7 million shares change hands vs 30-day average of 20.8 million shares

**YTD, stock up 27.2%

($1 = 93.3000 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))