Kotak Mahindra Bank is currently trading at Rs. 1343.85, up by 13.80 points or 1.04% from its previous closing of Rs. 1330.05 on the BSE.
The scrip opened at Rs. 1330.50 and has touched a high and low of Rs. 1347.00 and Rs. 1330.50 respectively. So far 6,623 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1440.00 on 15-Jan-2015 and a 52 week low of Rs. 630.80 on 14-Feb-2014.
Last one week high and low of the scrip stood at Rs. 1391.80 and Rs. 1324.75 respectively. The current market cap of the company is Rs. 1,03,257.00 crore.
The promoters holding in the company stood at 40.05% while Institutions and Non-Institutions held 37.29% and 22.52% respectively.
Kotak Mahindra Bank has agreed, subject to regulatory approvals, to invest 19.90% in Airtel M Commerce Services (AMSL), a subsidiary of Bharti Airtel, on AMSL obtaining the Payment Bank licence from Reserve Bank of India. Moreover, AMSL is in the process of applying for Payment Bank License to the Reserve Bank of India (RBI).
Kotak Mahindra Bank is engaged in commercial banking, stock broking, mutual funds, life insurance and investment banking. The bank has an international presence through its subsidiaries with offices in London, New York, Dubai, Mauritius, San Francisco and Singapore that specialize in providing services to overseas investors seeking to invest into India.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
| View more.. | |
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