Weekly Shorts : Analysis of Maharashtra Bank

Current Market Price : INR 29.05

Maharashtra Bank share price rose 13.04% in Friday, June 4, 2021 in anticipation of the fact that the government of India is considering to privatise a number of public sector banks in order to enhance the performance of those banks.

As a result, this share can be a risk, but rewarding investment as announcement of its privatisation can cause its share price to rally in upwards of 25%.

However, in the scenario of the company not getting privatised, its share can incur significant losses.

Our Stance : BUY (Risky Investment)

Leave a Reply

Open WhatsApp
StockRocket Support
Hello! for any queries, please don't hesitate to WhatsApp us here.