Kotak Mahindra Bank Ltd rose for a third straight session today. The stock is quoting at Rs 1812.45, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77055.77, up 0.43%. Kotak Mahindra Bank Ltd has added around 1.59% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has added around 6.61% in last one month and is currently quoting at 48751.7, up 1.21% on the day. The volume in the stock stood at 15.79 lakh shares today, compared to the daily average of 42.52 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 1815.05, up 1.32% on the day. Kotak Mahindra Bank Ltd is up 1.84% in last one year as compared to a 8.08% gain in NIFTY and a 7.12% gain in the Nifty Bank index.
The PE of the stock is 25.32 based on TTM earnings ending September 24.