Canada Pension Plan Investment Board has bought 5,000,000 shares of Kotak Mahindra Bank through an open market transaction. The shares were purchased at Rs 714.99 on National Stock Exchange (NSE) on September 16, 2013.
The bank has reported 42.61% rise in its net profit at Rs 402.82 crore for first quarter ended June 30, 2013 as compared to Rs 282.45 crore for the same quarter in the previous year. Total income of the bank has increased by 28.95% at Rs 2652.40 crore for quarter under review as compared to Rs 2056.98 crore for the quarter ended June 30, 2012.
The bank has reported 42.61% rise in its net profit at Rs 402.82 crore for first quarter ended June 30, 2013 as compared to Rs 282.45 crore for the same quarter in the previous year. Total income of the bank has increased by 28.95% at Rs 2652.40 crore for quarter under review as compared to Rs 2056.98 crore for the quarter ended June 30, 2012.
No comments:
Post a Comment