Kotak Mahindra Bank Ltd spurts 1.71%, rises for third straight session

24 May 2022 , 01:05 PM

Kotak Mahindra Bank Ltd gained for a third straight session today. The stock is quoting at Rs 1886, up 1.71% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 16221.2. The Sensex is at 54427.11, up 0.26%. Kotak Mahindra Bank Ltd has gained around 9.09% in last one month. Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has gained around 4.46% in last one month and is currently quoting at 34247.6, up 0.65% on the day. The volume in the stock stood at 18.1 lakh shares today, compared to the daily average of 30.18 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 1882.15, up 1.89% on the day. Kotak Mahindra Bank Ltd is up 7.74% in last one year as compared to a 6.66% jump in NIFTY and a 0.55% jump in the Nifty Bank index.The PE of the stock is 42.98 based on TTM earnings ending March 22.Powered by Capital Market – Live News