Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is currently trading at Rs. 1342.05, up by 7.20 points or 0.54% from its previous closing of Rs. 1334.85 on the BSE.

The scrip opened at Rs. 1338.15 and has touched a high and low of Rs. 1344.80 and Rs. 1337.65 respectively. So far 11605 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1424.00 on 17-Jul-2018 and a 52 week low of Rs. 1002.30 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1361.75 and Rs. 1318.65 respectively. The current market cap of the company is Rs. 255544.00 crore.

The promoters holding in the company stood at 30.01%, while Institutions and Non-Institutions held 48.99% and 21.00% respectively.

Kotak Mahindra Bank through its subsidiary Kotak Mahindra Prime has given Rs 500 crore to realty firm Gaurs for faster execution of Gaurs’ two projects at Noida Extension, Uttar Pradesh.The two projects where this fund would be used are Gaur City II, part of 237 acre township Gaur City at Noida Extension and commercial project Gaur City Centre.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.