Bank of Maharashtra has emerged as a stock pick this Navratri, with Sumeet Bagadia, Executive Director at Choice Broking, identifying a positive technical setup in the public sector lender.
The brokerage's Navratri Pick 2026 report, dated October 9, recommended buying the stock at ₹82.75 and accumulating more on dips towards ₹80, with upside targets of ₹91 and ₹96.
Sharad Navratri 2026 is observed from October 11 to October 20, 2026, starting with Ghatasthapana on October 11 and concluding with Vijayadashami (Dussehra) on October 20
The stock has been lost around 2% in the last 1 month. Meanwhile, it added 1.4% in 3 months, 19% in 6 months, and 47% in the last 1 year. Moreover, it has given multibagger returns, soaring 303% in 5 years. It had hit its 52-week high of ₹94.50 in June 2026 and its 52-week low of ₹54.70 in October 2025.
Choice Broking's analysis is for traders looking to benefit from the stock's technical setup. However, the brokerage has identified ₹76 as an important support level that the stock must hold to preserve its positive outlook.