Kotak Mahindra Bank Ltd is up for a third straight session today. The stock is quoting at Rs 1950.5, up 1.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.84% on the day, quoting at 23362.9. The Sensex is at 77194.33, down 0.86%. Kotak Mahindra Bank Ltd has gained around 12.2% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has gained around 3.79% in last one month and is currently quoting at 50158.85, down 0.59% on the day. The volume in the stock stood at 19.39 lakh shares today, compared to the daily average of 40.68 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 1949.95, up 0.24% on the day. Kotak Mahindra Bank Ltd is up 14.09% in last one year as compared to a 8.08% jump in NIFTY and a 11.09% jump in the Nifty Bank index.
The PE of the stock is 26.83 based on TTM earnings ending December 24.