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Kotak Mahindra Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 1693.05, up 1.26% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 22474.35. The Sensex is at 73945.21, up 0.38%. Kotak Mahindra Bank Ltd has dropped around 5.24% in last one month. Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has dropped around 2.16% in last one month and is currently quoting at 47977.05, up 0.23% on the day. The volume in the stock stood at 40.11 lakh shares today, compared to the daily average of 132.09 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 1695.95, up 1.24% on the day. Kotak Mahindra Bank Ltd is down 12.16% in last one year as compared to a 23.96% gain in NIFTY and a 9.91% gain in the Nifty Bank index. The PE of the stock is 24.12 based on TTM earnings ending March 24.
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