Kotak Mahindra Bank hits 52-week high, Q4 earnings eyed

Kotak Mahindra Bank's shares gained as much as 1.75 percent in morning trade Thursday to touch a 52-week high of Rs 718 ahead of fourth quarter earnings.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Business

May 02, 2013, 11.08 AM | Source: Moneycontrol.com

Kotak Mahindra Bank hits 52-week high, Q4 earnings eyed

Kotak Mahindra Bank's shares gained as much as 1.75 percent in morning trade Thursday to touch a 52-week high of Rs 718 ahead of fourth quarter earnings.

Like this story, share it with millions of investors on M3

Kotak Mahindra Bank hits 52-week high, Q4 earnings eyed

Kotak Mahindra Bank's shares gained as much as 1.75 percent in morning trade Thursday to touch a 52-week high of Rs 718 ahead of fourth quarter earnings.

Post Your Comments

Share Cancel

Kotak Mahindra Bank 's shares gained as much as 1.75 percent in morning trade Thursday to touch a 52-week high of Rs 718 ahead of its fourth quarter earnings.

According to the average of the CNBC-TV18 poll, private sector lender's standalone (pure banking business) profit after tax is expected to grow by 23 percent year-on-year to Rs 364 crore and net interest income (NII) is likely to jump 27 percent to Rs 870 crore from Rs 688 crore Y-o-Y.

Meanwhile, its consolidated profit after tax may rise 23 percent Y-o-Y to Rs 641 crore and net interest income is seen increasing 23 percent to Rs 1,291 crore in fourth quarter.

At 10:57 hours IST, the stock was quoting at Rs 715.50, up 1.40 percent on Bombay Stock Exchange.

Kotak Mahindra stock price

On May 06, 2016, Kotak Mahindra Bank closed at Rs 703.65, down Rs 5.5, or 0.78 percent. The 52-week high of the share was Rs 744.45 and the 52-week low was Rs 586.50.


The company's trailing 12-month (TTM) EPS was at Rs 10.47 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 67.21. The latest book value of the company is Rs 77.49 per share. At current value, the price-to-book value of the company is 9.08.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Kotak Mahindra Bank hits 52-week high, Q4 earnings eyed

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login