Kotak Mahindra Bank is a diversified financial services group providing a wide
range of banking and financial services including Retail Banking, Treasury and
Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory
services, Asset Management, Life Insurance and General Insurance.
Technical View: The stock is trading in elite wave uptrend pattern and it is at the
support level of the pattern , We may see upward movement from the present level,
structure look Positive , RSI is in oversold zone which provide buying opportunity ,
Classical uptrend pattern ,we may expect positive move in near term.
Volume analysis:- One month averaged delivery volume increase by 39.99% and
one day delivery volume increase by 55.93% over 5 day average, which show stock is
building up positive momentum, Hence; we recommend “BUY’ signal 1747 for the
target of 1800 and 1830 With Stop loss below 1700
Moving Averages :- Kotak Mahindra Bank Ltd. is trading lower than 5 day, 20 day,
50 day, 100 day and 200 day moving averages
5 Day 1,779.27 50 Day 1,995.76 200 Day 1,846.31
20 Day 1,892.13 100 Day 1,917.13
Date:- 27/12/2021
Shareholding pattern:-
Promoters holding 26%, The Promoter holdings have decrease by 0.01% . However,
the number of shares held by the Promoters has remained constant, No change in
Promoter pledged shares
Key Statistics
P/E Ratio
33.47
1-Yr Return
18.29
(Best) P/E Ratio
30.06
30 DA Vol (m)
0.29
(Best) PEG Ratio
1.92
EPS (Rs.)
50.73
Shares Outstanding (cr)
1,982.92
Best EPS Curr (Rs.)
52.25
Price/Book Ratio
3.97
Dividend
0.05
Price/Sales Ratio
5.89
Last Dividend
0.90
0.00