Kotak Mahindra Bank is currently trading at Rs. 1806.75, up by 41.00 points or 2.32% from its previous closing of Rs. 1765.75 on the BSE.

The scrip opened at Rs. 1779.20 and has touched a high and low of Rs. 1829.50 and Rs. 1759.10 respectively. So far 426871 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2063.00 on 31-May-2023 and a 52 week low of Rs. 1644.20 on 14-Mar-2023.

Last one week high and low of the scrip stood at Rs. 1860.85 and Rs. 1753.45 respectively. The current market cap of the company is Rs. 360430.93 crore.

The promoters holding in the company stood at 25.91%, while Institutions and Non-Institutions held 61.11% and 12.97% respectively.

Kotak Mahindra Bank has reported 7.63% rise in net profit at Rs 3005.01 crore for the quarter ended December 31, 2023 as compared to Rs 2791.88 crore for the same quarter in the previous year. Total income of the bank increased by 28.77% at Rs 14096.04 crore for Q3FY24 as compared Rs 10946.93 crore for corresponding quarter of the previous year.

On consolidated basis, the bank reported 6.75% rise in its net profit at Rs 4264.78 crore for Q3FY24 as compared to Rs 3995.05 crore for the same quarter in the previous year. Total income of the bank increased by 31.09% at Rs 24083.15 crore for Q3FY24 as compared Rs 18371.64 crore for corresponding quarter of the previous year.