Kotak Mahindra Bank Ltd gains for fifth session
Dec 30, 2020 01:00 PM | Source: capitalmarket.com
Kotak Mahindra Bank Ltd is quoting at Rs 2003.35, up 0.2% on the day as on 12:44 IST on the NSE. The stock is up 18.94% in last one year as compared to a 14.05% jump in NIFTY and a 3.49% jump in the Nifty Bank.
Kotak Mahindra Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 2003.35, up 0.2% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.39% on the day, quoting at 13878.45. The Sensex is at 47418.19, down 0.41%. Kotak Mahindra Bank Ltd has gained around 6.8% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has gained around 4.09% in last one month and is currently quoting at 31322.5, down 0.91% on the day. The volume in the stock stood at 12.5 lakh shares today, compared to the daily average of 43.08 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 2005, up 0.29% on the day. Kotak Mahindra Bank Ltd is up 18.94% in last one year as compared to a 14.05% jump in NIFTY and a 3.49% jump in the Nifty Bank index.
The PE of the stock is 62.95 based on TTM earnings ending September 20.