Kotak Mahindra Bank Ltd is up for a fifth straight session today. The stock is quoting at Rs 1746.05, up 0.52% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.39% on the day, quoting at 23674.85. The Sensex is at 78197.15, up 1.35%. Kotak Mahindra Bank Ltd has slipped around 1.23% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has slipped around 0.46% in last one month and is currently quoting at 50372.9, up 1.25% on the day. The volume in the stock stood at 9.6 lakh shares today, compared to the daily average of 30.86 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 1744.35, up 0.56% on the day. Kotak Mahindra Bank Ltd is up 0.39% in last one year as compared to a 19.56% spurt in NIFTY and a 17.04% spurt in the Nifty Bank index.
The PE of the stock is 24.58 based on TTM earnings ending September 24.