Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank is currently trading at Rs. 712.45, up by 6.35 points or 0.90 % from its previous closing of Rs. 706.10 on the BSE.

The scrip opened at Rs. 706.00 and has touched a high and low of Rs. 718.80 and Rs. 698.60 respectively. So far 139231 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 804.00 on 30-May-2013 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. 739.00 and Rs. 704.10 respectively. The current market cap of the company is Rs. 54829.90 crore.

The promoters holding in the company stood at 43.65 % while Institutions and Non-Institutions held 33.47 % and 22.72 % respectively.

Kotak Mahindra Bank has reported 6.00% fall in its net profit at Rs 339.98 crore for third quarter ended December 31, 2013 as compared to Rs 361.68 crore for the same quarter in the previous year.  However, total income of the bank has increased by 3.86% at Rs 2492.01 crore for quarter under review as compared to Rs 2399.44 crore for the quarter ended December 31, 2012.

On consolidated basis, the group has reported 2.44% rise in its net profit after taxes, Minority Interest and Share of Profit of Associates of Rs 591.25 crore for the quarter ended December 31, 2013 as compared to Rs 577.21 crore for the same quarter in the previous year. Total income of the group has increased by 6.43% at Rs 4424.50 crore for quarter under review as compared to Rs 4157.12 crore for the quarter ended December 31, 2012.