Kotak Mahindra Bank Shares Surge 2.96% Amid High Trading Volumes
With the stock currently trading at Rs 2,188.10 and demonstrating a notable increase of 2.96%, investors are closely monitoring Kotak Mahindra Bank amid today's heightened trading activity and positive market sentiment.
Alpha Desk
April 17, 2025 / 14:26 IST
DisclaimerThis is an AI-assisted live blog with updates sourced from multiple news outlets and agenciesDisclaimer
Kotak Mahindra Bank
In today's session, Kotak Mahindra Bank shares experienced a notable surge, climbing 2.96% to reach Rs 2,188.10. This increase is highlighted by a significant rise in trading volume, suggesting strong investor interest and market activity.
The stock's performance reflects positive momentum, with the current price at Rs 2,188.10. The increased trading volume indicates heightened market participation, potentially driven by recent developments or investor sentiment.
Analyzing the financial performance of Kotak Mahindra Bank, recent data reveals the following trends:
Revenue: The company's revenue has shown consistent growth over the past few quarters:
Dec 2023: Rs 14,494 Cr
Mar 2024: Rs 15,156 Cr
Jun 2024: Rs 15,836 Cr
Sep 2024: Rs 16,426 Cr
Dec 2024: Rs 16,633 Cr
Net Profit: The net profit has fluctuated, with a notable peak in June 2024:
Dec 2023: Rs 4,202 Cr
Mar 2024: Rs 5,242 Cr
Jun 2024: Rs 7,399 Cr
Sep 2024: Rs 4,997 Cr
Dec 2024: Rs 4,639 Cr
EPS: Earnings per share have also seen variability:
Dec 2023: 21.46
Mar 2024: 26.66
Jun 2024: 37.47
Sep 2024: 25.37
Dec 2024: 23.64
The annual financial performance provides a broader perspective:
Revenue: Increased from Rs 33,474 Cr in 2020 to Rs 56,236 Cr in 2024.
Net Profit: Rose from Rs 8,607 Cr in 2020 to Rs 17,977 Cr in 2024.
EPS: Grew from 44.73 in 2020 to 91.45 in 2024.
BVPS: Increased from 348.33 in 2020 to 653.81 in 2024.
ROE: Remained relatively stable, ranging from 11.84% to 14.01%.
NIM: Showed slight fluctuations, with a recent value of 4.38% in 2024.
Market Sentiment
Recent sentiment analysis indicates a "Very Bullish" outlook for Kotak Mahindra Bank. Historical data shows:
April 11, 2025: Very Bullish sentiment with a closing price of Rs 2,111.20.
April 17, 2025: Very Bullish sentiment with a closing price of Rs 2,186.10.
With the stock currently trading at Rs 2,188.10 and demonstrating a notable increase of 2.96%, investors are closely monitoring Kotak Mahindra Bank amid today's heightened trading activity and positive market sentiment.