Trending stocks: Kotak Mahindra Bank shares rise over 3%

NEW DELHI: Shares of Kotak Mahindra Bank Ltd. traded 3.06 per cent up in Monday's trade at 11:38AM (IST). Around 84952 shares changed hands on the counter. The stock opened at Rs 1270.0 and touched an intraday high and low of Rs 1279.2 and Rs 1241.1, respectively, in the session so far.

The stock quoted a 52-week high of Rs 1740.0 and a 52-week low of Rs 1001.0.

Financials
Kotak Mahindra Bank Ltd., incorporated in the year 1985, is a banking company (having a market cap of Rs 242946.30 Crore).

The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 5487.66 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 1744.81 Crore (.00% of total assets).

Kotak Mahindra Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 14727.95 Crore to Sales Value (74.57 % of Total Sales), Income From Investment which contributed Rs 3933.00 Crore to Sales Value (19.91 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 755.29 Crore to Sales Value (3.82 % of Total Sales) and Interest which contributed Rs 332.25 Crore to Sales Value (1.68 % of Total Sales)for the year ending 31-Mar-2018.

Promoter holding
Promoters held 29.92 per cent stake in the company as of quarter ended 31st Mar 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 28.3 and price to book value of 4.2.