As of January 19, 2025, Kotak Mahindra Bank Ltd. (KOTAKBANK) is trading at ₹1,758.60 per share.
Recent Stock Performance:
- On January 17, 2025, the stock closed at ₹1,805.25, marking a 0.89% increase from the previous day.
- On January 18, 2025, the stock declined by 2.58%, closing at ₹1,758.65.
Key Financial Metrics:
- Market Capitalization: Approximately ₹3,49,650 crore.
- Price-to-Earnings (P/E) Ratio: 15.83 (TTM).
- Earnings Per Share (EPS): ₹111.13 (TTM).
- Price-to-Book (P/B) Ratio: 3.16.
- Return on Equity (ROE): 17.77%.
- Dividend Yield: 0.11%.
52-Week Performance:
- High: ₹1,953.00 (achieved on September 23, 2024).
- Low: ₹1,544.00.
Analyst Recommendations:
- Among 38 analysts, 50% recommend ‘Buy’, 50% suggest ‘Hold’, and 39% advise ‘Sell’.
Trading Volume:
- The average 50-day trading volume is 95,283 shares.
Company Overview:
Kotak Mahindra Bank Ltd. is a diversified financial services group offering a wide range of banking and financial services, including retail banking, treasury and corporate banking, investment banking, stock broking, vehicle finance, advisory services, asset management, life insurance, and general insurance.
Peer Comparison:
- IndusInd Bank Ltd.: Closed at ₹970.95 on January 18, 2025.
- ICICI Bank Ltd.: Closed at ₹1,225.45 on January 18, 2025.
Conclusion:
Kotak Mahindra Bank’s stock has experienced fluctuations in recent trading sessions, with a notable decline on January 18, 2025. The bank maintains strong financial metrics, including a solid ROE and a reasonable P/E ratio. Analyst recommendations are mixed, indicating a balanced outlook among market experts. Investors should consider these factors in conjunction with broader market conditions when making investment decisions.
