Kotak Mahindra Bank is a private sector company that was listed on NSE on 20 December 1995, the stock price as on 1999 was about Re.1 per share and as the bull run began it climbed to Rs.719 by January 2008, this is about 719 times returns. Following the stock chart we see that there is long term bullish outlook for KOTAKBANK and we are only looking for the buying opportunity as long the price ... [Continue Reading]
Kotak Mahindra Bank Declares Q1 result for FY12 Net Profit Jumps 27% to Rs.416 crore
Kotak Mahindra Bank Ltd, One of the leading private sector bank of India has declared its first quarter result for FY12, profit has jumped 27% year on year basis (YoY) Consolidated net profit was about Rs.415 crore from Rs.327.7 crore again a strong jump. For this quarter, consolidated net interest margins (NIM's) came in at 5% while standalone net interest income (NII) jumped nearly 18% to Rs.568 ... [Continue Reading]
Intraday Stock For 9 March 2011: Buy Kotak Bank (KOTAKBANK) At 433, Target 443.3
Stock for intraday trading: Buy Kotak Bank KOTAKBANK @ 433 for target: 438.4 and 443.3, place protective stop loss at 429. We see good buying coming in this stock as it is already trading up more than 2%, and is more likely to be bullish today, This is also trading with good volumes. Technical indicators are confirming the bullishness in KOTAKBANK stock. ... [Continue Reading]