Kotak Mahindra Bank Ltd soars 2.08%, Gains for third straight session

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03 January 2025 00:00:00

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Kotak Mahindra Bank Ltd soars 2.08%, Gains for third straight session	Share Back
(02 Jan 2025)
Kotak Mahindra Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 1825.55, up 2.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.29% on the day, quoting at 24048.55078125. The Sensex is at 79487.22, up 1.25%. Kotak Mahindra Bank Ltd has added around 4.32% in last one month. Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has added around 2.64% in last one month and is currently quoting at 51060.6, up 0.48% on the day. The volume in the stock stood at 22.24 lakh shares today, compared to the daily average of 37.81 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 1832.95, up 1.95% on the day. Kotak Mahindra Bank Ltd is down 2.16% in last one year as compared to a 11.76% gain in NIFTY and a 7.54% gain in the Nifty Bank index. The PE of the stock is 25.3 based on TTM earnings ending September 24.
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