Kotak Mahindra Bank Approaches 52-Week High Amid Strong Market Momentum

Feb 19 2025 11:05 AM IST
share
Share Via
Kotak Mahindra Bank is nearing its 52-week high, reflecting strong market momentum and outperforming its sector. The stock has gained over the past two days and is trading above key moving averages. With a notable annual return, the bank maintains a strong position in the private banking sector.
Kotak Mahindra Bank has shown remarkable performance today, reaching a price just 0.15% shy of its 52-week high of Rs 1992, achieved on February 19, 2025. The stock has outperformed its sector by 0.39%, reflecting strong market momentum. Over the past two days, Kotak Mahindra Bank has gained 2.27%, indicating a positive trend in its recent performance.

In terms of technical indicators, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trajectory. Over the past year, Kotak Mahindra Bank has delivered an impressive return of 14.87%, significantly outperforming the Sensex, which has seen a return of just 4.87%.

As a large-cap player in the private banking sector, Kotak Mahindra Bank continues to demonstrate resilience and strength in its market position, making it a noteworthy entity in the financial landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News