Kotak Mahindra Bank is currently trading at Rs. 897.00, up by 12.75 points or 1.44% from its previous closing of Rs. 884.25 on the BSE.
The scrip opened at Rs. 890.00 and has touched a high and low of Rs. 898.70 and Rs. 885.00 respectively. So far 20634 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 971.80 on 18-Jun-2014 and a 52 week low of Rs. 588.00 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 898.70 and Rs. 847.15 respectively. The current market cap of the company is Rs. 69125.12 crore.
The promoters holding in the company stood at 40.33% while Institutions and Non-Institutions held 36.87% and 22.64% respectively.
Kotak Mahindra Bank has received an approval to increase the ceiling limit of Foreign Institutional Investors (FIIs)/ sub-accounts of FIIs, Foreign Portfolio Investors (FPIs) and Qualified Foreign Investors (QFIs) to 40% with immediate effect. The board of directors at its meeting held on July 16, 2014 has approved for the same.
Besides, the shareholders of the bank at the Annual General Meeting held on July 16, 2014, have approved increase in ceiling limit for investment by Securities and Exchange Board of India approved FIIs/ sub-accounts of FIIs, FPIs and QFIs in the equity share capital of the bank, through primary or secondary route to 40%.
The total shareholding of FIIs/FPIs and QFIs as per the shareholding data received from R&T Agent as on July 11, 2014 was 33.37% and the same as on July 15, 2014 is 33.57%.
Company Name | CMP |
---|---|
HDFC Bank | 1509.05 |
ICICI Bank | 1129.10 |
Axis Bank | 1127.95 |
Indusind Bank | 1464.35 |
Kotak Mahindra Bank | 1630.00 |
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