Kotal Mahindra Bank fall due to Senior executive resignation, Stock rebound from low !!

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Kotak Mahindra Bank, which is currently trading at 1579 has fallen today because of a senior executives resignation. Today we saw a shortfall of more than 3% in the stock, but later in the day the stock recovered from its low. Earlier stock had fallen because of the regulator stopped its business capability of offering online options to its customers.

52-week high for the stock is 2064 and 52 week low is 1522. Stock is currently trading at -23% from its 52-week high and its 2% up from its 52-week low. Stock 90 DMA is 1761.

Kotak Mahindra bank stock beta is .95 so it’s quite sensitive with the index moment. Market cap is 314808 croreINR. Face value of the stock is 5 & the book value is 562. Stock is currently trading at a EPS of 87.78 with PE ratio of 18 and sector PE of 18.61.

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