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Kotak Mahindra Bank rises Tuesday, outperforms market

Posted on AllSides February 20th, 2024
From The Center

Kotak Mahindra Bank Ltd. 500247, shares advanced 1.83% to 1,763.10 Indian rupees Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index 1, rising 0.48% to 73,057.40. Kotak Mahindra Bank Ltd. closed 299.90 rupees below its 52-week high (2,063.00 rupees), which the company reached on May 31. The stock outperformed some of its competitors Tuesday, as IndusInd Bank Ltd. INDUSINDBK, rose 1.39% to 1,504.20 rupees and ICICI Bank Ltd. ICICIBANK, rose 0.48% to 1,048.75 rupees. Trading volume (119,985) remained...

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