KOTAK MAHINDRA BANK share price has zoomed 5% and is presently trading at Rs 1,238.
Meanwhile, the BSE BANKEX Index is at 23,985 (up 1.3%).
Among the top Gainers in the BSE BANKEX Index today is KOTAK MAHINDRA BANK (up 5.2%).
SBI (down 0.7%) and INDUSIND BANK (down 1.7%) are among the top losers today.
Over the last one year, KOTAK MAHINDRA BANK has moved down from Rs 1,343 to Rs 1,238, registering a loss of Rs 105 (down 8.1%).
On the other hand, the BSE BANKEX has moved down from 33,205 to 23,985, loss of 9,220 points (down 28.2%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were [param_historic_top3].
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The BSE Sensex is at 29,371 (up 1.1%).
The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 7.1%), HERO MOTOCORP (up 5.7%) and KOTAK MAHINDRA BANK (up 5.2%). Other gainers include ITC (up 5.2%) and BHARTI AIRTEL (up 4.9%). The most traded stocks in the BSE Sensex are ITC and ICICI BANK.
In the meantime, NSE Nifty is at 8,575 (up 0.4%). The top gainers in the NSE Nifty include KOTAK MAHINDRA BANK (up 6.4%), BAJAJ AUTO (up 6.0%) and HERO MOTOCORP (up 5.9%). Other gainers include ITC (up 5.7%) and BHARTI AIRTEL (up 5.1%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,095 to 29,371, registering a loss of 8,724 points (down 23.40%).
KOTAK MAHINDRA BANK net profit stood at Rs 23 billion for the quarter ended December 2019, compared to a profit of Rs 18 billion a year ago. Operating income rose 7.6% to Rs 83.3 billion during the period as against Rs 77.4 billion in October-December 2018.
For the year ended March 2019, KOTAK MAHINDRA BANK reported 15.8% increase in net profit to Rs 71.2 billion compared to net profit of Rs 61.5 billion during FY18.
Revenue of the company grew 19.1% to Rs 299 billion during FY19.
The current Price to earnings ratio of KOTAK MAHINDRA BANK, based on rolling 12 month earnings, stands at 27.6x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
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