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Kotak Mahindra Bank Ltd Share Price (KOTAKBANK)

₹1755.450.11%

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Overview
Fundamentals
Q2 '23 Results
Technicals
News and Events

Overview of Kotak Mahindra Bank Ltd

Key events for Kotak Mahindra Bank Ltd

  • Kotak Mahindra Bank Sees Growth in Unsecured Portfolio; Regulator Permits Promoters to Retain Up to 26% - 30 Nov, 2023

    Kotak Mahindra Bank sees growth in its unsecured portfolio while the regulator allows promoters to retain up to 26% in banks after a legal battle with Uday Kotak.

  • Institutional Ownership Affects Kotak Mahindra Bank Stock Price - 29 Nov, 2023

    Institutions own a significant portion of Kotak Mahindra Bank, making its stock price vulnerable to their trading decisions. The bank is also part of the portfolio of Vinay Agarwal from FSSA Investment Management.

  • Kotak Mahindra Bank Faces High Attrition Rate; Jay Kotak Takes on Additional Role - 28 Nov, 2023

    Kotak Mahindra Bank faces high attrition rates while Jay Kotak takes on an additional role as Senior VP of conglomerate relationships.

  • Kotak Mahindra Bank Offers Virtual Cards for UPI Payments - 27 Nov, 2023

    Customers with MasterCard or Visa credit cards can request a virtual Rupay card from Kotak Mahindra Bank to make UPI payments. The virtual card has its own limit within the overall limit assigned to the primary card.

  • Kotak Mahindra Bank Stock Prices Decline - 25 Nov, 2023

    Kotak Mahindra Bank Ltd. (KTKM) experienced a decline in their stock prices.

  • Kotak Mahindra Bank Sees Changes in Fund Management Team; Spending Increases - 24 Nov, 2023

    Kotak Mahindra Bank witnesses changes in its fund management team as Harish Bihani joins and two others leave. The bank also sees an increase in spending by 17-30% per month.

  • Mixed Day for Kotak Mahindra Bank Stock - 23 Nov, 2023

    Kotak Mahindra Bank faces penalty by Maharashtra GST department; bank stocks underperform due to concerns over net interest margins and asset quality. However, Kotak Mahindra Bank remains popular with investors.

  • Kotak Mahindra Bank Penalized by Maharashtra GST Department - 22 Nov, 2023

    Kotak Mahindra Bank faces a penalty from Maharashtra GST department, leading to losses on NSE Nifty 50.

  • Kotak Mahindra Bank Arm Invests in RattanIndia Power Amid Positive Predictions - 21 Nov, 2023

    Kotak Mahindra Bank is predicted to have minimal impact on its Tier-1 capital levels after RBI's recent move. The bank also invested in RattanIndia Power.

  • Kotak Mahindra Receives Penalty, Launches Healthcare Fund - 20 Nov, 2023

    Kotak Mahindra Bank received a penalty of Rs 34.99 lakh from the Maharashtra GST department while Kotak Mahindra Asset Management launched an open-ended healthcare fund.

  • PSBs' RoEs Rise Significantly in FY23 Compared to PVBs - 18 Nov, 2023

    Public sector banks, including SBI and BoB, saw a significant rise in their return on equity (RoE) in FY23 compared to private sector banks like Kotak Mahindra Bank, which only saw a 1.38pp increase.

  • Kotak Mahindra Bank Faces Selling Pressure After RBI Norms Tighten - 17 Nov, 2023

    Kotak Mahindra Bank faces selling pressure after RBI tightens norms for unsecured personal loans. Nuvama Institutional Equities calls out the bank for losing growth or having low capital.

  • Kotak Mahindra Bank Offers Discount on Home Loans - 16 Nov, 2023

    Kotak Mahindra Bank is offering discounts on home loans while its stock prices rose along with other large caps.

  • Outflows Expected for Bajaj Finance and Kotak Mahindra Bank - 15 Nov, 2023

    Kotak Mahindra Bank Ltd may experience significant outflows along with Bajaj Finance Ltd, while the bank's domestic focus is favoured by its asset managers.

  • Zurich Insurance Acquires Stake in Kotak Mahindra General Insurance - 14 Nov, 2023

    Kotak Mahindra Bank Ltd's subsidiary, Kotak Mahindra General Insurance, is set to be acquired by Zurich Insurance. Meanwhile, fund managers have increased their allocation to select private sector banks like Kotak Bank.

  • Kotak Mahindra Bank Sees Investments from Mutual Funds and Launches New Payment Option - 13 Nov, 2023

    Kotak Mahindra Bank saw significant investments from domestic mutual funds and launched a new payment option for pre-approved customers. Uday Kotak also shared his thoughts on financial risk.

  • Kotak Securities Trading App Offers Wide Range of Investment Options - 12 Nov, 2023

    Kotak Securities trading app allows trading in equities, IPOs, derivatives, mutual funds, currencies, commodities, and international investing alternatives. The software is accessible on iOS, Android, and Windows platforms with margin funding, real-time portfolio tracking, and stock charting options.

  • Kotak Mahindra Bank among top picks for market outperformance - 11 Nov, 2023

    Arpit Jain, Joint MD at Arihant Capital Market, selected Kotak Mahindra Bank as one of his top picks for potential market outperformance due to its financial stability.

  • Kotak Mahindra Bank Announces Bond Issue and CBDC Launch - 10 Nov, 2023

    Kotak Mahindra Bank announces plans to raise up to Rs 540 crore through bond issue and launch wholesale CBDC targeting SMEs. Kotak Mahindra Investment secures significant net inflows.

  • Zurich Acquires Majority Stake in Kotak Mahindra Bank's Casualty Business - 09 Nov, 2023

    Kotak Mahindra Bank Ltd sees Zurich taking a majority stake in its casualty business as part of the latter's expansion strategy in India.

Analyst Rating for Kotak Mahindra Bank Ltd stock

based on 39 analysts

BUY
50.00%
Buy
39.47%
Hold
10.53%
Sell

Based on 39 analysts offering long term price targets for Kotak Mahindra Bank Ltd. An average target of ₹2069.08

Source: S&P Global Market Intelligence

Kotak Mahindra Bank Ltd share Performance

  • ₹1745.95
    ₹1766
    ₹1755.45
    downward going graph

    0.54%

    Downside

    Day's Volatility:1.14%

    Upside

    0.60%

    downward going graph
  • ₹1643.5
    ₹2064.4
    ₹1755.45
    downward going graph

    6.38%

    Downside

    52 Weeks Volatility:23.98%

    Upside

    17.60%

    downward going graph
1 Month Return1.8 %
3 Month Return-0.88 %
1 Year Return-9.25 %
Previous Close₹1,753.45
Open₹1,756.45
Volume62.55L
Market Cap₹3,48,503.75Cr

Kotak Mahindra Bank Ltd Company Information

Kotak Mahindra Bank Ltd is an Indian private sector banking and financial services company headquartered in Mumbai, Maharashtra. Incorporated in 1985, it is the fourth largest bank in India by market capitalization as of April 2020.

The bank offers a wide range of banking and financial services, including retail banking, corporate banking, investment banking, wealth management, private banking, credit cards, and stock broking. Its range of products includes savings accounts, current accounts, fixed deposits, mutual funds, loan products, and debit/credit cards.

The bank has several popular brands, such as 811, Kotak Cards, Kotak Mahindra Prime, and Kotak Wealth Management. 811 is a digital savings account that offers customers a host of features such as zero balance savings, instant transfers, and exclusive offers. Kotak Cards offer customers a range of credit cards with attractive rewards and cashback benefits. Kotak Mahindra Prime is a premium car financing service and Kotak Wealth Management offers customers a range of wealth management services.

Share Price: ₹1755.45 per share as on 30 Nov, 2023 04:06 PM
Market Capitalisation: ₹3,48,503.75Cr as of today
Revenue: ₹21,559.52Cr as on September 2023 (Q3 23)
Net Profit: ₹4,461.04Cr as on September 2023 (Q3 23)
Listing date: 03 Nov, 1994
Chairperson Name: Prakash Apte
OrganisationKotak Mahindra Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Fundamentals of Kotak Mahindra Bank Ltd

Insights on Kotak Mahindra Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 12.91% to 13.06% in Sep 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 20.72K Cr → 21.55K Cr (in ₹), with an average increase of 3.9% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 4.15K Cr → 4.46K Cr (in ₹), with an average increase of 7.0% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.45% to 9.63% in Sep 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, ICICI Bank Ltd has given -1.4% return, outperforming this stock by 8.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, State Bank of India has given 129.2% return, outperforming this stock by 135.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 39.88% to 39.31% in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, KOTAKBANK stock has moved down by -6.5%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 25.94% to 25.93% in Sep 2023 quarter

Kotak Mahindra Bank Ltd Valuation

Kotak Mahindra Bank Ltd in the last 5 years

  • Overview

  • Trends

Lowest (19.65x)

October 26, 2023

Industry (17.91x)

November 29, 2023

Today (20.33x)

November 29, 2023

Highest (44.36x)

July 16, 2018

LowHigh

Kotak Mahindra Bank Ltd Mutual Fund Holdings

Funds Holdings
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth2.79%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct3.69%
Axis Long Term Equity Fund Direct Plan Growth OptionAxis Long Term Equity Fund Direct Plan Growth Option2.7%
ICICI Prudential Balanced Advantage Fund Direct Plan GrowthICICI Prudential Balanced Advantage Fund Direct Plan Growth1.56%
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth1.98%

Kotak Mahindra Bank Ltd Shareholding Pattern

InvestorsHoldings %Prev. 3 periods3M change
Promoter Holdings
25.93%
-0.05
Foreign Institutions
39.31%
-1.44
Mutual Funds
9.63%
1.98
Retail Investors
13.06%
1.20
Others
12.07%
2.09

Technicals of Kotak Mahindra Bank Ltd share

News & Events of Kotak Mahindra Bank Ltd

News

Campus gloom at IITs on hiring lull, stagnant salaries

HFT and quant firms are ready to roll out crore-plus offers but with very few vacancies

01 Dec, 2023 12:07 AM

Rs 4,50,700 crore order book: This multibagger civil construction company incorporates a new wholly-owned subsidiary for semiconductors; hits 52-week high!

Larsen & Toubro (L&T), a leading Indian multinational conglomerate, has announced the incorporation of a wholly-owned subsidiary, L&T Semiconductor Tech... Read more

01 Dec, 2023 12:30 AM

Tata Technologies valued at $6.4 billion: IT companies whose record it beat

Shares of Tata Technologies soared on their trading debut, making it the first Tata Group company to go public in two decades. Tata Technologies is a

01 Dec, 2023 01:22 AM
View More

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Kotak Mahindra Bank Ltd (KOTAKBANK) share price today is ₹1755.45

Kotak Mahindra Bank Ltd is listed on NSE

Kotak Mahindra Bank Ltd is listed on BSE

  • Today’s highest price of Kotak Mahindra Bank Ltd is ₹1766.
  • Today’s lowest price of Kotak Mahindra Bank Ltd is ₹1745.95.

PE Ratio of Kotak Mahindra Bank Ltd is 20.33

PE ratio = Kotak Mahindra Bank Ltd Market price per share / Kotak Mahindra Bank Ltd Earnings per share

Today’s traded volume of Kotak Mahindra Bank Ltd(KOTAKBANK) is 62.55L.

Today’s market capitalisation of Kotak Mahindra Bank Ltd(KOTAKBANK) is ₹348503.75Cr.

Kotak Mahindra Bank Ltd(KOTAKBANKPrice
52 Week High
₹2064.4
52 Week Low
₹1643.5

Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1755.45. It is down -14.97% from its 52 Week High price of ₹2064.4

Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1755.45. It is up 6.81% from its 52 Week Low price of ₹1643.5

Kotak Mahindra Bank Ltd(KOTAKBANKReturns
1 Day Returns
2%
1 Month Returns
1.8%
3 Month Returns
-0.88%
1 Year Returns
-9.25%