Kotak Mahindra Bank Ltd gained for a third straight session today. The stock is quoting at Rs 402.55, up 1.31% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 24230.4. The Sensex is at 77548.27, up 0.01%. Kotak Mahindra Bank Ltd has risen around 5.61% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has risen around 0.93% in last one month and is currently quoting at 57495.9, up 0.28% on the day. The volume in the stock stood at 89.22 lakh shares today, compared to the daily average of 99.64 lakh shares in last one month.
The benchmark August futures contract for the stock is quoting at Rs 402.55, up 0.9% on the day. Kotak Mahindra Bank Ltd is up 1.32% in last one year as compared to a 2.57% drop in NIFTY and a 4.55% drop in the Nifty Bank index.
The PE of the stock is 26.69 based on TTM earnings ending June 26.
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