In Tuesday's session, several stocks showed positive momentum, with Kotak Mahindra and Axis Bank leading the gains on the Nifty 50 index. At 9:30 am, Kotak Mahindra was trading at Rs 1,991.00, up by 1.02%. Axis Bank was trading at Rs 1,113.10, a rise of 0.79%. NTPC, Larsen, and Bajaj Finserv also showed positive movement, contributing to the overall positive sentiment in the market.
Kotak Mahindra Financial Overview:
Kotak Mahindra's financial performance reveals consistent growth over the past few years. Key financial ratios for Kotak Mahindra show a P/E ratio of 19.51 and a P/B ratio of 2.74. The company reported a net interest margin of 4.25% and a return on equity of 14.04% as of the year-ending March 2025.
The income statement for Kotak Mahindra shows a steady increase in interest earned, from Rs 32,819 Crore in 2021 to Rs 65,668 Crore in 2025. Total income also increased from Rs 56,814 Crore in 2021 to Rs 106,902 Crore in 2025. The net profit saw a significant increase from Rs 9,903 Crore in 2021 to Rs 21,946 Crore in 2025.
Axis Bank Financial Overview:
Axis Bank has also demonstrated robust financial performance. Key financial ratios for Axis Bank show a P/E ratio of 12.15 and a P/B ratio of 1.82. The company reported a net interest margin of 3.40% and a return on equity of 14.98% as of the year-ending March 2025.
The income statement for Axis Bank shows a steady increase in interest earned, from Rs 64,696 Crore in 2021 to Rs 127,374 Crore in 2025. Total income also increased from Rs 80,847 Crore in 2021 to Rs 155,916 Crore in 2025. The net profit saw a significant increase from Rs 7,252 Crore in 2021 to Rs 28,115 Crore in 2025.
NTPC was trading at Rs 333.45, up by 0.71%. Larsen was trading at Rs 3,610.90, a rise of 0.69%. Bajaj Finserv was trading at Rs 2,091.80, up by 0.57%.
Among recent corporate actions, Kotak Mahindra announced analyst/investor meets and has a final dividend of Rs 2.50 per share, with an effective date of 18 Jul, 2025. Axis Bank also scheduled analyst/institutional investor meets and has a final dividend of Rs 1.00 per share, effective from 04 Jul, 2025. NTPC declared a final dividend of Rs 3.35 per share, effective 04 Sep, 2025. Larsen & Toubro announced analyst/investor meet. Bajaj Finserv announced approval of the amendment to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) and has a final dividend of Rs 1.00 per share, effective 27 Jun, 2025.
With Kotak Mahindra and Axis Bank leading the gains, the Nifty 50 index is showing a positive trend in the pre-opening session.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
