Kotak Mahindra Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 1909.8, up 1.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.66% on the day, quoting at 25128.5. The Sensex is at 81949.88, up 0.7%. Kotak Mahindra Bank Ltd has risen around 4.29% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has risen around 0.85% in last one month and is currently quoting at 51172.3, up 1.05% on the day. The volume in the stock stood at 17.87 lakh shares today, compared to the daily average of 55.54 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 1915.15, up 1.53% on the day. Kotak Mahindra Bank Ltd is up 9.15% in last one year as compared to a 27.35% spurt in NIFTY and a 16.92% spurt in the Nifty Bank index.
The PE of the stock is 26.94 based on TTM earnings ending June 24.