Kotak Mahindra Bank Ltd is up for a third straight session today. The stock is quoting at Rs 2216.4, up 3.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 25471.05. The Sensex is at 83477.22, up 0.04%. Kotak Mahindra Bank Ltd has gained around 3.66% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has gained around 0.51% in last one month and is currently quoting at 56949.2, up 0.32% on the day. The volume in the stock stood at 46.52 lakh shares today, compared to the daily average of 38.58 lakh shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 2227.2, up 3.33% on the day. Kotak Mahindra Bank Ltd is up 19.94% in last one year as compared to a 4.25% jump in NIFTY and a 8.68% jump in the Nifty Bank index.
The PE of the stock is 31.01 based on TTM earnings ending March 25.
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