Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is currently trading at Rs 642.70, up by 13.65 points or 2.17% from its previous closing of Rs 629.05 on the BSE.

The scrip opened at Rs 631.60 and has touched a high and low of Rs 646.60 and Rs 629.20 respectively. So far 681943 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 676.95 on 11-Dec-2012 and a 52 week low of Rs 472.70 on 24-Jan-2012.

Last one week high and low of the scrip stood at Rs 635.60 and Rs 618.75 respectively. The current market cap of the company is Rs. 47332.82 crore.

The promoters holding in the company stood at 45.11% while Institutions and Non-Institutions held 34.00% and 20.74% respectively

Kotak Mahindra Bank has registered a rise of 30.90% in its net profit at Rs 361.38 crore in Q3FY13 as compared to Rs 276.08 crore in the corresponding quarter previous year. The total income from operation of the bank has increased by 24.78% to Rs 2399.44 crore for the quarter under review as compared to Rs 1922.94 crore in the same quarter last year.

The bank, on consolidated basis, posted growth of 24.77% in its net profit at Rs 577.21 crore for the quarter as compared to Rs 462.63 crore for the same quarter in the previous year. Total income of the bank increased by 33.10% at Rs 4,157.12 crore for quarter under review as compared to Rs 3,123.31 crore for the quarter ended December 31, 2011.