India's Bank Of Maharashtra rises on higher Dec-quarter deposit
03/01/2024 06:04
** Shares of Bank Of Maharashtra BMBK.NS up 4.2% at 47.35
rupees
** Lender reports 17.9% Y/Y jump in total deposits for the
quarter ended Dec. 31 - provisional data; gross advances up
20.3%
** BMBK top gainer on the Nifty PSU bank index .NIFTYPSU
** Stock has been trading above its 200-day moving avgs
since Oct. 14, 2022
** Over 31.7 mln shares traded as of 11:33 a.m. IST, 1.4x
the 30-day moving average
** BMBK rose 47.5% in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
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