What is the position of Kotak Mahindra Bank?

It is India’s third largest private sector bank by assets and by market capitalisation as of November 2021. As of February 2021, the bank has 1600 branches and 2519 ATMs.

Is Kotak Mahindra Bank overvalued?

PB vs Industry: 500247 is overvalued based on its PB Ratio (3.6x) compared to the IN Banks industry average (0.9x).

Will Kotak bank share go up?

Based on our forecasts, a long-term increase is expected, the “Kotak Mahindra Bank Ltd” stock price prognosis for 2027-05-14 is 2800.740 INR. With a 5-year investment, the revenue is expected to be around +57.11%. Your current $100 investment may be up to $157.11 in 2027.

Who are the promoters of Kotak Mahindra Bank?

Uday Kotak. Mr. Uday Kotak, aged 62 years, holds a Bachelor’s degree in Commerce and a MMS degree from Jamnalal Bajaj Institute of Management Studies, Mumbai and was appointed as a Director on 21st November, 1985. He is the Managing Director & CEO of the Bank and also its promoter.

Is Kotak Bank a good stock to buy?

Its strong asset quality, high return ratio and reasonable valuation are the reasons that have made the bank a favourite of analysts. With a net profit growth of 15% y-o-y, Kotak Mahindra Bank’s results for the third quarter of 2021-22 were slightly below street expectations.

Is Kotak Bank share a good buy?

Since start of 2021, the stock has been trading in the broader range of ₹ 1,650 – ₹ 2,100 and trading around the lower band of range now. Technically, the death cross is visible on chart at ₹ 1,850 signalling an end of bullish trend in the stock.

Is Kotak bank a good buy?

Is Kotak Mahindra Bank a good buy now?

Is Kotak Mahindra Bank Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kotak Mahindra Bank Ltd is a good quality company.

Is Kotak under RBI?

Kotak Mahindra Bank Ltd In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank – Kotak Mahindra Bank Ltd.

Which bank merged with Kotak Mahindra Bank?

ING Vysya
CRN merged (Accounts in both Kotak and ING Vysya now Kotak systems) – One single CRN linking all your accounts.

Is Kotak Mahindra Bank share good for long term?

The stock has been stable over the years and hence investing in Kotak Mahindra bank for a long-term could be a good option.