Kotak Mahindra Bank Ltd soars 1.37%, gains for fifth straight session
Nov 19, 2020 01:01 PM | Source: capitalmarket.com
Kotak Mahindra Bank Ltd is quoting at Rs 1855.7, up 1.37% on the day as on 12:44 IST on the NSE. The stock is up 16.02% in last one year as compared to a 7.86% gain in NIFTY and a 5.9% gain in the Nifty Bank.
Kotak Mahindra Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 1855.7, up 1.37% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 12942.35. The Sensex is at 44175.87, down 0.01%. Kotak Mahindra Bank Ltd has added around 35.57% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has added around 21.36% in last one month and is currently quoting at 29749.85, down 0.82% on the day. The volume in the stock stood at 48.79 lakh shares today, compared to the daily average of 68.46 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 1840.85, up 0.89% on the day. Kotak Mahindra Bank Ltd is up 16.02% in last one year as compared to a 7.86% gain in NIFTY and a 5.9% gain in the Nifty Bank index.
The PE of the stock is 57.59 based on TTM earnings ending September 20.