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Kotak Mahindra Bank Limited (KOTAKBANK.NS)

NSE - NSE Real-time price. Currency in INR
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1,755.45+2.00 (+0.11%)
At close: 03:29PM IST
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Previous close1,753.45
Open1,756.45
Bid0.00 x 0
Ask0.00 x 0
Day's range1,745.95 - 1,766.00
52-week range1,643.50 - 2,064.40
Volume6,254,544
Avg. volume3,487,813
Market cap3.489T
Beta (5Y monthly)0.48
PE ratio (TTM)20.35
EPS (TTM)86.27
Earnings date19 Jan 2024 - 23 Jan 2024
Forward dividend & yield1.50 (0.09%)
Ex-dividend date04 Aug 2023
1y target estN/A
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  • Reuters

    Zurich Insurance bets on India with $487 million stake in Kotak arm

    Zurich Insurance Group will buy a 51% stake in Kotak Mahindra Bank's general insurance arm for about 40.51 billion rupees ($487 million), giving the European insurance giant a foothold in India's fast-growing insurance market. "This development is just a matter of getting access to India, one of the key growth markets," said Emkay Global analyst Avinash Singh said. "To start from scratch, it would have taken much longer to build a brand visibility."

  • Reuters

    India's Kotak Mahindra Bank drops over 2% after naming outsider as new CEO

    MUMBAI (Reuters) -Shares of Kotak Mahindra Bank fell more than 2% on Monday after it named veteran banker Ashok Vaswani as managing director and CEO following founder Uday Kotak's resignation, raising fears of volatility in the Indian lender's business going forward. Shares fell as much as 2.7% to 1,722.45 rupees on Monday. The stock was last down 1.2% at 1,749 rupees.