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Kotak Mahindra hikes base rate by 50 bps to 8.75%; stk up

Kotak Mahindra Bank has hiked base rate by 50 bps to 8.75%, reports CNBC-TV18. It touched an intraday high of Rs 404 and an intraday low of Rs 399.35. At 09:28 hrs the share was quoting at Rs 401.80, up Rs 2.25, or 0.56%.
February 25, 2011 / 09:32 IST

Kotak Mahindra Bank touched an intraday high of Rs 404 and an intraday low of Rs 399.35. At 09:28 hrs the share was quoting at Rs 401.80, up Rs 2.25, or 0.56%.

The bank has hiked base rate by 50 bps to 8.75%, reports CNBC-TV18.
 
It was trading with volumes of 7,224 shares. In the previous trading session, the share closed down 2.12% or Rs 8.65 at Rs 399.55.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days409.00401.80-7.20-1.76
5-Days408.75401.80-6.95-1.70
7-Days412.95401.80-11.15-2.70
15-Days356.50401.8045.3012.71
1-Month415.10401.80-13.30-3.20
3-Month478.40401.80-76.60-16.01
6-Month428.63401.80-26.83-6.26
9-Month370.13401.8031.678.56
1-Year353.93401.8047.8713.53

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