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Mahabank (MAHABANK)

Bank · NSE · end-of-day 2026-10-19
Close
₹80.96
Day change
+1.47%
1-year
+43.1%
From 52-week high
-13.7%
Weinstein stage
Stage 2
Minervini template
7/8
Mahabank closed at ₹80.96 on 2026-10-19, up 43% over the past year, 14% below its 52-week high. It meets 7 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 2 - advancing; on earnings, it passes 2 of 4 SEPA checks. Over the year its annualised volatility was about 36%, with a largest fall of 19% from a peak.

About Mahabank

Bank of Maharashtra provides retail banking, corporate banking, agriculture finance, housing loans, MSME lending, and digital banking services. The bank has a strong presence in western India while expanding nationally. Retail credit growth supports profitability. Technology investments improve customer service. Regional expertise provides a competitive advantage.

Price, RSI and MACD

Price · +7.2% over the period
6069788796Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 47.1
305070
MACD (12, 26, 9) · histogram -0.15
-2-0.41.22.84.4
Price · +40.7% over the period
5062738596Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 47.1
305070
MACD (12, 26, 9) · histogram -0.15
-2-0.41.22.84.4
Price · +40.4% over the period
4255688194Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 47.1
305070
MACD (12, 26, 9) · histogram -0.15
-3.1-1.20.62.54.4
Price · +73.9% over the period
2845627895Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 47.1
305070
MACD (12, 26, 9) · histogram -0.15
-3.1-1.20.62.54.4
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROABeta
₹62,271 cr₹30,262 cr₹7,448 cr8.39.801.8722.7%22.7%1.76%1.39
Banks are judged on lender ratios (ROE, ROA) - ROCE and debt/equity do not describe a lender.

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 20268,0352,0202.63+34.2%+13.9%25.1%
Mar 20267,7552,0142.66+37.1%+15.2%26.0%
Dec 20257,3441,7802.34+27.2%+16.1%24.2%
Sep 20257,1281,6342.17+15.4%+18.5%22.9%
Jun 20257,0541,5931.96+7.1%+20.1%22.6%
Mar 20256,7311,4931.94+11.5%+23.1%22.2%
Dec 20246,3251,4071.84+25.2%+22.3%22.2%
Sep 20246,0171,3271.88——22.1%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 2 of 4 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✓ Pass
EPS growth accelerating over 3 quarters✗ Fail
Sales up 25%+, or sales growth accelerating✗ Fail
Annual EPS up 25%+ in each of the last 2 years— Not assessable
Net margin above the same quarter last year✓ Pass

Investor methods

MethodChecksScoreVerdict
Minervini
✓ Close above the 150- and 200-day averages
✓ 150-day above 200-day
✓ 200-day rising for a month
✓ 50-day above the 150- and 200-day
✗ Close above the 50-day
✓ At least 25% above the 52-week low · low 55.11
✓ Within 25% of the 52-week high · high 93.85
✓ RS percentile 70 or more · RS 80
Trend template - the gate, measured: a modest 21-day edge.
7/87 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 2 - advancing
CAN SLIM
✓ C latest quarter EPS up 25%+
— A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✓ N within 15% of the 52-week high · high 93.85
✓ S more volume on up days than down days (50 sessions) · 1.22x
✓ L RS percentile 80 or more · RS 80
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
5/5Strong
Darvas
✓ Box top confirmed (3 sessions below the new high) · top 94.50
✓ Box bottom confirmed (3 sessions holding) · bottom 77.20
✗ Close above the box top · close 80.96
✗ Volume at least 1.5x its 50-day average · 1.0x
Nicolas Darvas's box: buy the breakout above a confirmed box after a new high.
57/100In box
Turtle
✗ Close above the prior 55-session high · 87.50
✗ Close above the prior 20-session high · 84.88
✗ Close below the prior 20-session low · 78.66
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
The Magic Formula excludes banks and financial companies.
Not applicable
Graham
✓ Price at or below the Graham number · Graham number 97.71
✓ P/E 15 or less · P/E 8.3
✓ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 1.87
— Current ratio 2 or more
— 10 years of positive earnings, 20 of dividends · history not held
Benjamin Graham's defensive-investor tests.
100/100Undervalued
Piotroski
The F-score is built for non-financial companies.
Not applicable
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Bank sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
MAHABANK this stock-3.1+0.6+7.2+41.8+77.0+275.78.31.8722.7—1.76——62,27130,2627,4489.81.39
TMB-3.1+7.7+30.8+97.9+50.7—9.51.3614.0—1.89——13,7506,0961,44491.21.33
FEDERALBNK+4.8-0.5+18.5+64.3+137.6+275.716.61.9611.7—1.18——86,26031,5525,37921.10.85
DCBBANK-3.6+10.8+8.7+63.0+73.8+123.78.51.0412.0—0.89——6,7767,57578824.61.49
KARURVYSYA+11.4+22.9+34.7+62.7+200.8+791.712.12.3219.3—1.96——35,77311,9832,95830.61.22
ESAFSFB+10.6+22.4+81.4+54.1———1.26-8.9—-0.57——2,236——-0.10.79
CUB-2.0+2.6+15.9+40.4+122.5+85.116.32.1713.2—1.52——22,8827,2491,40314.21.13
J&KBANK-4.9-23.5+6.2+33.2+24.2+259.16.70.9315.4—1.32——15,34713,4292,30720.91.34
UNIONBANK+2.3+2.7-4.5+32.2+76.3+298.06.71.0315.2—1.21——1.38L1.08L20,01227.11.31
UJJIVANSFB-2.8-3.7+10.1+29.7+9.1+176.610.71.6410.7—1.32——12,3317,8091,1495.91.52
RBLBANK-9.7+2.0+18.4+25.5+53.0+97.626.81.345.4—0.54——58,30315,5501,20514.01.07
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.