KOTAKBANK Ltd.

1585.5INR -105.60 ( -6.24%) VOLUME : 5479162
    Average Volume
  • 5-Day 2,197,995.20
  • 20-Day 2,328,198.75
  • 3-Months 2,311,549.55

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
22-Jan-20 1633.20 1637.90 1576.00 1585.50 1585.50 5,479,162 - - - - -
13-Jan-20 1692.00 1704.50 1685.55 1690.20 1691.10 1,807,958 53% 1,687.83 1,648.04 1,594.33 1,520.30
10-Jan-20 1674.10 1692.00 1671.20 1686.00 1684.70 2,536,083 48% 1,687.92 1,645.71 1,592.33 1,518.56
09-Jan-20 1673.50 1673.75 1658.70 1665.10 1665.05 2,668,424 67% 1,689.46 1,643.59 1,590.60 1,516.76
08-Jan-20 1654.70 1661.45 1638.00 1651.65 1654.85 3,125,931 44% 1,690.54 1,641.80 1,589.27 1,514.78
07-Jan-20 1661.05 1674.75 1650.40 1668.00 1670.85 2,497,931 51% 1,690.91 1,640.56 1,587.75 1,512.82
06-Jan-20 1657.10 1657.45 1638.60 1653.80 1652.55 1,480,087 49% 1,690.33 1,638.92 1,585.80 1,510.78
03-Jan-20 1670.95 1673.00 1645.55 1659.05 1657.10 1,594,089 53% 1,691.42 1,638.13 1,584.13 1,508.76

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 1608.20 1637.90
11 AM 1596.35 1637.90
12 PM 1590.05 1637.90
1 PM 1587.35 1637.90
2 PM 1586.00 1637.90

Company Profile - KOTAKBANK Ltd.

KOTAKBANK

In 1985, it was established as the Kotak Mahindra group, which has been one of India's most reputed financial corporations. In February 2003, Kotak Mahindra Finance Ltd, which is the group's flagship company, was allotted the license for carrying on banking business by the Reserve Bank of India (or RBI). This kind of approval created banking history since Kotak Mahindra Finance Ltd. is the first non-banking finance company in India that converted itself into a bank as Kotak Mahindra Bank Ltd. Currently; it is one of the fastest-growing banks and also among the most admired financial institutions in India. It has over 323 branches and a customer account base of about 2.7 million. It is spread countrywide, not just in the metros but also in Tier-II cities and rural India as well, and it is redefining the reach and power of the banking system. Now, it is engaged in commercial banking, mutual funds, stockbroking, life insurance, and investment bankin ... g. Also, it caters to the financial needs of both individuals as well as corporates. It has an international presence via its subsidiaries with offices in New York, London, Dubai, Mauritius, Singapore, and San Francisco that specializes in offering services to overseas investors seeking to invest in India.

Some of its Products and Services:

  • It offers complete financial solutions for the infinite demands of all individual and non-individual customers depending on the needs of customers - delivered via a state of the art technology platform. Also, Investment products such as Life Insurance, Mutual Funds, retailing of gold coins and bars, and more are offered. It follows a mix of both open and closed architecture for the distribution of the investment products. And the entire thing is being backed by strong and in-house research on Mutual Funds.
  • Its savings account also goes beyond the traditional role of savings and allows us to put aside a lot more than only money. The worry-a free feature of Savings Account offers a spectrum of services from bill payments, funds transfer, 2-way sweep via our ActivMoney feature and much more. Also, it can place standing instructions for investment options that can be booked via the Internet or Phone banking services. Also, the Savings Account provides several attractive returns earned via comprehensive suite products and services that offer investment options and all are delivered seamlessly to the customer by well-integrated technology platforms.
  • Apart from Phone banking and Internet banking, it also offers convenient banking facilities via SMS services, Mobile banking, Netc@rd, Home banking, and BillPay facility, among others.
  • Also, the Depository services offered by the Bank allow the customers to hold government securities, equity shares, bonds, and several other securities in both electronic or Demat forms.
  • About the business community, it offers comprehensive business solutions that include the Trade Services, Current Account, Cash Management Service, and other Credit Facilities. Its wholesale banking products offer business banking solutions for long-term investments and working capital needs, and advice on mergers and acquisitions and equipment financing. To meet the special needs of the rural market, it has dedicated business offerings for agricultural funding and infrastructure. Its Agriculture Finance division delivers customized products for capital financing and equipment financing needs of our rural customers.
  • For financial liquidity, it also offers loans that meet personal needs with quick approval and flexible payment options. To complete the personal financial offerings space, it now offers Kotak Credit Card that is a hassle-free and transparent product, which is the first vertical credit card in the industry.
  • It addresses the entire spectrum of the financial needs of Non-Resident Indians. It has a tie-up with the Overseas Indian Facilitation Centre (or OIFC) as a strategic partner that gives them a platform for sharing their comprehensive range of banking and investment products and services for Non-Resident Indians (or NRIs) and Persons of Indian Origin (or PIOs). Its Online Account Opening facility and Live Chat service help to get in touch at the comfort of homes with convenience. Such offerings are specifically designed to suit the overseas Indian's personal financial demands and provide the global Indians a near to home feel.

Some of the Achievements:

  • ICAI Award:Also, the Excellence in Financial Reporting under Category 1 - Banking Sector for the year ending 31st March 2010.
  • Asiamoney:The Best Local Cash Management Bank in 2010.
  • IDG India:It won the CIO 100 'The Agile 100' award in 2010.
  • IDRBT:
  • The Banking Technology Excellence Awards Best Bank Award in IT Framework and Governance Among Other Banks' in 2009.
  • The Banking Technology Award for IT Governance and Value Delivery in 2008.
  • IR Global Rankings:The Best Corporate Governance Practices - Ranked among the top 5 companies in the Asia Pacific, in 2009.
  • FinanceAsia:The Best Private Bank in India, for Wealth Management business, in 2009.
  • Kotak Royal Signature Credit Card:It was chosen 'Product of the Year' in a survey conducted by Nielsen in 2009.
  • IBA Banking Technology Awards:
  • The Best Customer Relationship Achievement – Winner 2008 & 2009.
  • The best overall winner, 2007.
  • Best IT Team of the Year, four years in a row from 2006 to 2009.
  • Best IT Security Policies & Practices, 2007.
  • Euromoney:Best Private Banking Services (overall), 2009.
  • Emerson Uptime Champion Awards:Technology Senate Emerson Uptime Championship Award in the BFSI category, 2008.
  • 2010:
  • The Best Investment Bank in India, 2010.
  • The Best Equity House in India, 2010.
  • The Best Broker in India, 2010.
  • The Best Domestic Equity House, 2010.
  • The Best Local Brokerage in the Asiamoney Brokers Poll - 2010.
  • The Best Investment Bank in India, 2010.
  • The Best Domestic Investment Bank, 2010.
  • The Best Investment Bank in India, 2006, 2007, 2008, 2009 & 2010.
  • The Best Equity House in India, 2008 & 2010.
  • The Best Domestic Equity House, 2008, 2009 & 2010.
  • Also, it launched a credit card called Kotak Trump Card that offers 10% cash back on dining as well as movie and play spends.
  • KMB or Kotak Mahindra Bank also launched Stock Ace, which is a new product for the individual customers that provide them the power of instant liquidity.
  • 2011: It introduced an interbank mobile payment service.

Some of the Milestones:

  • 1986: Kotak Mahindra Finance Ltd began its activity of Bill Discounting.
  • 1987: It also entered the Lease and Hire Purchase market.
  • 2003: It also converted into a commercial bank- the first Indian company to do so.
  • 2009: It opened a representative office in Dubai. And also entered Ahmedabad Commodity Exchange as an anchor investor.