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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.
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