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Kotak Mahindra Bank Ltd

Kotak Mahindra Bank Ltd spurts 0%, gains for five straight sessions

Dec 30,2024 Hrs IST

Kotak Mahindra Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 1759.95, up 0% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 23805.25. The Sensex is at 78760.73, up 0.08%. Kotak Mahindra Bank Ltd has added around 0.34% in last one month.

Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has added around 1.23% in last one month and is currently quoting at 51311.3, up 0.31% on the day. The volume in the stock stood at 20.13 lakh shares today, compared to the daily average of 37.86 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 1772.5, up 0.01% on the day. Kotak Mahindra Bank Ltd is down 7.81% in last one year as compared to a 9.49% gain in NIFTY and a 6.71% gain in the Nifty Bank index.

The PE of the stock is 24.9 based on TTM earnings ending September 24.

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