Kotak Mahindra Bank Ltd

Kotak Mahindra Bank has allotted 27,240 equity shares under ESOS on 17 April 2025. Powered by Capital Market - Live

Kotak Mahindra Bank will hold a meeting of the Board of Directors of the Company on 3 May 2025.Powered by Capital Market - Live

Kotak Mahindra Bank has granted 46,340 stock options under ESOP on 27 March 2025. Powered by Capital Market - Live

Kotak Mahindra Bank Ltd rose for a third straight session today. The stock is quoting at Rs 2173.8, up 4.56% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.25% on the day, quoting at 23642.85. The Sensex is at 77890.8, up 1.28%. Kotak Mahindra Bank Ltd has added around 10.5% in last one month. Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has added around 6.32% in last one month and is currently quoting at 50593.55, up 2.15% on the day. The volume in the stock stood at 45.16 lakh shares today, compared to the daily average of 49.86 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 2168.35, up 4.44% on the day. Kotak Mahindra Bank Ltd is up 23.96% in last one year as compared to a 7.44% gain in NIFTY and a 10.9% gain in the Nifty Bank index.The PE of the stock is 28.89 based on TTM earnings ending December 24.Powered by Capital Market - Live

Kotak Mahindra Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 2024.45, up 1.57% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 22703.9. The Sensex is at 74809.46, up 0.86%. Kotak Mahindra Bank Ltd has gained around 1.99% in last one month. Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has gained around 1.25% in last one month and is currently quoting at 48354.15, up 1.24% on the day. The volume in the stock stood at 27.74 lakh shares today, compared to the daily average of 39.63 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 2027.2, up 1.66% on the day. Kotak Mahindra Bank Ltd is up 15.71% in last one year as compared to a 4.06% jump in NIFTY and a 5.53% jump in the Nifty Bank index.The PE of the stock is 27.62 based on TTM earnings ending December 24.Powered by Capital Market - Live

Kotak Mahindra Bank has allotted 32,838 equity shares under ESOP on 05 March 2025. Powered by Capital Market - Live

The Nifty February 2025 futures closed at 23,094.65, a premium of 63.25 points compared with the Nifty's closing 23,031.40 in the cash market. In the cash market, the Nifty 50 slipped 13.85 points or 0.06% to 23,031.40. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 0.40% to 14.96. Kotak Mahindra Bank, State Bank of India and Reliance Industries were the top trading individual stock futures contracts in the F&O segment of the NSE. The February 2025 F&O contracts will expire on 27 February 2025. Powered by Capital Market - Live

The country's banking sector regulator has also permitted the bank to issue fresh credit cards. Kotak Mahindra was among several financial institutions penalised by the RBI last year for regulatory lapses. The RBI had imposed restrictions on Kotak Mahindra Bank due to concerns over its IT management. It noted that the bank had consistently failed to address 'serious deficiencies and non-compliances,' leading to major outages in 2022 and 2023, which caused inconvenience to customers. The stock witnessed strong buying demand for second day in a row. The scrip has added 3.03% in two sessions, from its recent closing low of Rs 1,917.35 recorded on 11 February 2025. In the last one year, the stock has risen by 13.44% while the benchmark S&P BSE Sensex and S&P BSE Bankex have gained 6.52% and 8.50%, respectively, in the same period. In today's trading session, the scrip has hit its twenty three-month high of Rs 1,992. Kotak Bank had last neared the 2,000-mark nearly two years ago. The stock had hit a high of 2,063 in May 2023. On the technical front, the stock's RSI (14) was currently at 63.574. An RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. On the daily chart, the scrip is trading below its 10-day, 20-day and 100-day simple moving averages placed at 1927.32, 1913.79 and 1811.46, respectively. Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance. The private lender's net profit jumped 9.97% to Rs 3,304.80 crore on 13.86% rise in total income to Rs 16050.38 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

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.Powered by Capital Market - Live

The Nifty January 2024 futures closed at 23,393, a premium of 48.25 points compared with the Nifty's closing 23,344.75 in the cash market. In the cash market, the Nifty 50 gained 141.55 points or 0.61% to 23,344.75. The NSE's India VIX, a gauge of market's expectation of volatility over the near term, jumped 4.23% to 16.42. Kotak Mahindra Bank, Axis Bank and Zomato were the top traded individual stock futures contracts in F&O segment of NSE. The January 2025 F&O contracts will expire on 30 January 2025. Powered by Capital Market - Live