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  • Kotak Mahindra Bank Ltd is down for a fifth straight session today. The stock is quoting at Rs 1421.1, down 0.72% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.22% on the day, quoting at 10888.55. The Sensex is at 36833.81, down 1.34%.Kotak Mahindra Bank Ltd has lost around 2.67% in last one month.Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has eased around 2.47% in last one month and is currently quoting at 27427.85, down 1.69% on the day. The volume in the stock stood at 19.07 lakh shares today, compared to the daily average of 26.02 lakh shares in last one month.

    The benchmark September futures contract for the stock is quoting at Rs 1423.05, down 1.07% on the day. Kotak Mahindra Bank Ltd jumped 13% in last one year as compared to a 5.48% slide in NIFTY and a 1.7% fall in the Nifty Bank index.

    The PE of the stock is 52.58 based on TTM earnings ending June 19.

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