NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Research Report
We recently concluded a domestic NDR with the senior management team of Bank of Maharashtra. Management remained enthused about the growth prospects for the bank and guided towards maintaining its current trajectory of superior operating performance.
Assessment of the PSU banking sector reveals that Bank of Maharashtra ranks first amongst the peer banks in 23 out of 26 parameters. Bank of Maharashtra share's outperformance over BANKNIFTY (by 105%) and PSU bank index (by 41%), during trailing twelve months, reflects its improved operational performance.
In our view, continuity of policy at a macro level coupled with the bank's superior liability franchise and clean balance sheet sets up the stage for ~ 40% earnings growth and return on asset of ~1.5% plus over FY25.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
