Kotak Mahindra Bank Ltd up for third straight session
Nov 24, 2020 01:05 PM | Source: capitalmarket.com
Kotak Mahindra Bank Ltd is quoting at Rs 1921.1, up 1.23% on the day as on 12:49 IST on the NSE. The stock is up 19.8% in last one year as compared to a 7.84% jump in NIFTY and a 6.62% jump in the Nifty Bank index.
Kotak Mahindra Bank Ltd is up for a third straight session today. The stock is quoting at Rs 1921.1, up 1.23% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 13020.25. The Sensex is at 44421.96, up 0.78%. Kotak Mahindra Bank Ltd has gained around 35.58% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has gained around 22.4% in last one month and is currently quoting at 29024.2, up 1.53% on the day. The volume in the stock stood at 51.85 lakh shares today, compared to the daily average of 78.76 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 1914, up 1.35% on the day. Kotak Mahindra Bank Ltd is up 19.8% in last one year as compared to a 7.84% jump in NIFTY and a 6.62% jump in the Nifty Bank index.
The PE of the stock is 59.71 based on TTM earnings ending September 20.