Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is currently trading at Rs. 1061.60, up by 47.65 points or 4.70% from its previous closing of Rs. 1013.95 on the BSE.

The scrip opened at Rs. 1025.00 and has touched a high and low of Rs. 1067.00 and Rs. 1022.00 respectively. So far 92395 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1086.10 on 09-Sep-2014 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. 1033.05 and Rs. 980.00 respectively. The current market cap of the company is Rs. 81136.68 crore.

The promoters holding in the company stood at 40.07% while Institutions and Non-Institutions held 36.62% and 23.19% respectively.

Kotak Mahindra Bank has registered 26.09% rise in its net profit at Rs 444.52 crore for the quarter under review as compared to Rs 352.54 crore for the same quarter in the previous year. Total income of the company has increased 14.15% at Rs 2818.93 crore for Q2FY15 as compared Rs 2469.46 crore for the corresponding quarter previous year.

On consolidated basis, the bank’s net profit after taxes and minority interest for the quarter under review registered 23.15% growth at Rs 717.93 crore against Rs 582.93 crore in the September quarter of previous fiscal. The bank’s total income has increased by 33.12% at Rs 4920.40 crore for the quarter from Rs 3695.98 crore in the similar quarter of previous year.