Wednesday 11 May 2016

Kotak Mahindra Bank Q4 net profit at Rs.1055 crore

Gross NPA came in at 2.36% as against 2.3% qoq. The Board of Directors of the Bank at its meeting held on May 11, 2016, has recommended dividend of Rs.0.50 paise per share.

Kotak Mahindra Bank Q4 net profit came in at Rs.1055 crore.

Gross NPA was at 2.36% as against 2.3% qoq.
The Board of Directors of the Bank at its meeting held on May 11, 2016, has recommended dividend of Rs.0.50 paise per share.

Kotak Mahindra Bank Ltd is currently trading at Rs. 732.15, up by Rs. 10.65 or 1.48% from its previous closing of Rs. 721.5 on the BSE.

The scrip opened at Rs. 722 and has touched a high and low of Rs. 734.7 and Rs. 715.7 respectively. So far 2242465(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 132367.14 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 744.45 on 21-Jul-2015 and a 52 week low of Rs. 586.5 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 725 and Rs. 697 respectively.

The promoters holding in the company stood at 33.7 % while Institutions and Non-Institutions held 40.64 % and 25.66 % respectively.


The stock is currently trading above its 200 DMA.

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