Kotak Mahindra Bank Limited (BOM: 500247)

India flag India · Delayed Price · Currency is INR
1,708.10
+19.85 (1.18%)
At close: Nov 14, 2024
-2.24%
Market Cap 3.40T
Revenue (ttm) 749.09B
Net Income (ttm) 220.56B
Shares Out 1.99B
EPS (ttm) 110.95
PE Ratio 15.39
Forward PE 14.68
Dividend 2.00 (0.12%)
Ex-Dividend Date Jul 19, 2024
Volume 97,348
Open 1,688.70
Previous Close 1,688.25
Day's Range 1,688.70 - 1,712.85
52-Week Range 1,544.15 - 1,953.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About Kotak Mahindra Bank

Kotak Mahindra Bank Limited provides a range of banking and financial services to corporate and individual customers in India. It operates through Treasury, BMU and Corporate Centre; Retail Banking; Corporate / Wholesale Banking; Digital Banking; Other Retail Banking; Vehicle Financing; Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; and Insurance segments. The company offers savings, current, and salary accounts; fixed, recurring, tax saving fixed, senior citizen, and fixed deposit products; home, pers... [Read more]

Industry Commercial Banks
Founded 1985
Employees 116,000
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500247
Full Company Profile

Financial Performance

In 2023, Kotak Mahindra Bank's revenue was 696.08 billion, an increase of 31.04% compared to the previous year's 531.20 billion. Earnings were 181.75 billion, an increase of 22.10%.

Financial Statements

News

Kotak Mahindra Bank’s market cap declines by Rs 3,970 crore as stock falls 1.16%

Kotak Mahindra Bank Limited’s stock experienced a 1.16% decline, closing at Rs 1,723.75 on November 12, 2024, down from its previous close of Rs 1,744.00. This dip has reduced the bank’s total market ...

5 days ago - Business Upturn

Kotak Mahindra Bank’s market cap rose ₹358.89 crore this week – Know More

Kotak Mahindra Bank witnessed a market cap increase of ₹358.89 crore, bringing its total market cap to ₹3,48,081.08 crore as of Friday’s close. The last traded share price on Friday was ₹1,745.80, ref...

7 days ago - Business Upturn

SBI Flexicap Fund delivers 28.75% returns in last year, top holdings in HDFC Bank and Kotak Mahindra Bank

The SBI Flexicap Fund Direct-Growth is an equity mutual fund from SBI Mutual Fund. With a robust AUM of ₹23,488.97 crores, this fund continues to be a popular choice among investors looking for a flex...

8 days ago - Business Upturn

This large cap stock has given 0% returns in 1 year – should you buy, hold, or sell?

Shares of Kotak Mahindra Bank currently stand at ₹1,745.80, reflecting a 1.07% dip over the past year, as per the latest update. The stock’s performance has been weighed down by concerns over higher p...

8 days ago - Business Upturn

Private bank stocks today: HDFC Bank surges 3.66%, Kotak Bank drops 5.77%, and RBL Bank plunges 12.32%

As of 10:22 AM today, the Nifty Private Bank Index showcases mixed performance, with HDFC Bank leading the gainers and RBL Bank suffering the most significant losses. Top Gainers: HDFC Bank: ₹1,743.35...

27 days ago - Business Upturn

Kotak Mahindra Bank loses Rs 19,720 crore in market cap as stock falls 5.68%

Kotak Mahindra Bank Limited has seen its market capitalization drop by approximately ₹19,720 crore as the stock plummeted 5.68% to ₹1,764.75 as of 10:30 AM today. The significant decline comes amidst ...

27 days ago - Business Upturn

Nifty falls 200 points from day’s high, Kotak Mahindra Bank drops 5.04% and Tata Consumer falls 8.26%

As of 9:51 AM, the Nifty has fallen 200 points from its day’s high, trading at ₹24,708.90, down 145.15 points (-0.58%). The broader market sentiment remains weak, with key stocks like Kotak Mahindra B...

27 days ago - Business Upturn

Kotak Mahindra Bank stock drops 2.81% as Q2 results fall short of estimates

Kotak Mahindra Bank’s stock price dropped by 2.81%, reaching ₹1,818.55 as of 9:21 AM today. The decline follows the announcement of the bank’s Q2 FY24-25 earnings, which, while showing 5% growth in ne...

27 days ago - Business Upturn

Bernstein on Kotak Mahindra Bank: Market Perform, sees 6% downside, target price Rs 1750

Bernstein has given Kotak Mahindra Bank a Market Perform rating, with a target price of Rs 1750, suggesting a potential 6% downside. The bank’s Q2 results were described as uninspiring, with a continu...

27 days ago - Business Upturn

Jefferies on Kotak Mahindra Bank: Hold, sees 11% upside potential, target price Rs 2080

Jefferies maintains a Hold rating on Kotak Mahindra Bank, with a target price of Rs 2080, offering an 11% upside. The bank posted Q2 profit of Rs 33 billion, up 5% year-on-year, largely in line with e...

27 days ago - Business Upturn

JPMorgan on Kotak Mahindra Bank: Overweight, sees 8% upside, target price Rs 2030

JPMorgan has retained an Overweight rating on Kotak Mahindra Bank, with a target price of Rs 2030, reflecting an 8% upside. The bank’s Q2 net income of Rs 33.4 billion grew 5% year-on-year, though thi...

27 days ago - Business Upturn

Goldman Sachs on Kotak Mahindra Bank: Buy, expects 22% upside, target price Rs 2286

Goldman Sachs maintains a Buy rating on Kotak Mahindra Bank, forecasting a 22% upside with a target price of Rs 2286. Despite facing multiple challenges, including higher loan losses, slower loan grow...

27 days ago - Business Upturn

Kotak Mahindra Bank Share: Buy, Sell, or Hold? Here’s what brokerages are saying

Kotak Mahindra Bank’s Q2 performance has garnered mixed reactions from top brokerages. The bank faced headwinds from macroeconomic conditions, a regulatory embargo, and rising provisions, leading to v...

27 days ago - Business Upturn

Top Stocks to Watch Out For on October 21: Kotak Mahindra Bank, HDFC Bank, Tech Mahindra, UCO Bank, and More

The Indian benchmark indices rebounded after a three-day losing streak, closing higher on October 18. The Nifty climbed above the 24,850 mark, while the Sensex gained 218.14 points or 0.27% to close a...

27 days ago - Business Upturn

Kotak Mahindra Bank Ltd (BOM:500247) Q2 2025 Earnings Call Highlights: Strong Profit Growth ...

Kotak Mahindra Bank Ltd (BOM:500247) Q2 2025 Earnings Call Highlights: Strong Profit Growth Amidst Margin Challenges

4 weeks ago - GuruFocus

Q2 2025 Kotak Mahindra Bank Ltd Earnings Call Transcript

Q2 2025 Kotak Mahindra Bank Ltd Earnings Call Transcript

4 weeks ago - GuruFocus

Kotak Bank's Q2 net rises 4.8% year-on-year

Kotak Mahindra Bank's net profit increased by 4.8% YoY to Rs 3,344 crore in Q2FY25 but decreased by 5% QoQ due to a one-time gain in the previous quarter. Gross deposits increased by 15.1% YoY, while ...

4 weeks ago - The Times of India

30-40% of slippage in Q2FY25 is from credit card portfolio, says Kotak Mahindra Bank management post Q2 results

Kotak Mahindra Bank has reported its financial results for the second quarter of FY25, with the management revealing that 30-40% of slippages during the quarter stemmed from its credit card portfolio....

4 weeks ago - Business Upturn

Kotak Mahindra Bank's profit increase 5% in Q2 FY25

Kotak Mahindra Bank reported a 5% increase in standalone profit for Q2 ended September 2024, with a total profit of Rs 3,344 crore. The bank's total income rose to Rs 15,900 crore, with NII growing by...

4 weeks ago - The Times of India

Kotak Mahindra Bank Q2 Results: Credit card book declines QoQ after RBI ban on credit card issuance

Kotak Mahindra Bank has reported a decline in its credit card book for the second quarter of FY25, following the Reserve Bank of India’s (RBI) directive to halt the issuance of new credit cards. The b...

4 weeks ago - Business Upturn

Kotak Mahindra Bank Q2 FY25: Net profit rises 5% YoY to ₹3,343.72 crore

Kotak Mahindra Bank has reported a steady increase in its net profit for the second quarter of FY25, with a 5% year-on-year (YoY) growth. The bank’s net profit for the quarter ending September 30, 202...

4 weeks ago - Business Upturn

Kotak Mahindra Bank Q2 FY25: Gross NPA ratio increases to 1.47% QoQ, Net NPA remains stable

Kotak Mahindra Bank has announced its standalone financial results for the second quarter of FY25, revealing a slight increase in its Gross Non-Performing Assets (NPA) ratio on a quarter-on-quarter (Q...

4 weeks ago - Business Upturn

Kotak Mahindra Bank Q2 FY25: Total interest earned rises 15% YoY to Rs 13,126.27 crore

Kotak Mahindra Bank has reported its standalone financial results for the second quarter of FY25, showcasing strong growth in key financial metrics. The total interest earned during the quarter stood ...

4 weeks ago - Business Upturn

Kotak Mahindra Bank to acquire Standard Chartered Bank India’s ₹4,100 crore personal loan book

On October 18, 2024, Kotak Mahindra Bank Limited (KMBL) entered into a definitive agreement to acquire the personal loan portfolio of Standard Chartered Bank, India. The loan book, which had a total o...

4 weeks ago - Business Upturn

Indian Banks’ Margins Hurt by Elusive Deposits as Rate Cuts Appear Distant

Indian banks’ rising credit costs and their struggle to attract customer deposits to mitigate this will continue to dominate discussions when HDFC Bank Ltd. and Kotak Mahindra Bank Ltd. report earning...

4 weeks ago - BNN Bloomberg