Kotak Mahindra Bank Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1787.4, up 0.06% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 24554.85. The Sensex is at 81341.22, down 0.21%. Kotak Mahindra Bank Ltd has risen around 2.49% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has risen around 2.85% in last one month and is currently quoting at 53407.75, down 0.1% on the day. The volume in the stock stood at 6.87 lakh shares today, compared to the daily average of 35.08 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 1796.4, up 0.12% on the day. Kotak Mahindra Bank Ltd is down 3.07% in last one year as compared to a 16.94% spurt in NIFTY and a 12.77% spurt in the Nifty Bank index.
The PE of the stock is 25.28 based on TTM earnings ending September 24.