Kotak Mahindra Bank Ltd is up for a third straight session today. The stock is quoting at Rs 1767.25, up 1.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 23544.3. The Sensex is at 77393.26, up 0.07%. Kotak Mahindra Bank Ltd has risen around 4.06% in last one month.
Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has risen around 7.44% in last one month and is currently quoting at 51398.05, up 0.43% on the day. The volume in the stock stood at 64.17 lakh shares today, compared to the daily average of 68.14 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 1768.9, up 1.06% on the day. Kotak Mahindra Bank Ltd is down 4.24% in last one year as compared to a 24.86% spurt in NIFTY and a 17.7% spurt in the Nifty Bank index.
The PE of the stock is 25.22 based on TTM earnings ending March 24.