The result was announced during market hours today, 19 January 2018. Meanwhile, the S&P BSE Sensex was up 109.46 points, or 0.31% to 35,369.75. On the BSE, 97,000 shares were traded in the counter so far, compared with average daily volumes of 3.03 lakh shares in the past one quarter. The stock had hit a high of Rs 1,059.40 and a low of Rs 1,043.05 so far during the day. The stock hit a record high of Rs 1,114.35 on 18 October 2017. The stock hit a 52-week low of Rs 718.50 on 20 January 2017. The stock had underperformed the market over the past 30 days till 18 January 2018, rising 2.13% compared with 4.39% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 4.74% as against Sensex's 8.86% rise. The scrip had, however, outperformed the market in past one year, surging 42.78% as against Sensex's 29.12% rise. The large-cap bank has equity capital of Rs 952.49 crore. Face value per share is Rs 5. Kotak Mahindra Bank's gross non-performing assets (NPAs) stood at Rs 3714.99 crore as on 31 December 2017 as against Rs 3814.17 crore as on 30 September 2017 and Rs 3177.88 crore as on 31 December 2016. The ratio of gross NPAs to gross advances stood at 2.31% as on 31 December 2017 as against 2.47% as on 30 September 2017 and 2.42% as on 31 December 2016. The ratio of net NPAs to net advances stood at 1.09% as on 31 December 2017 as against 1.26% as on 30 September 2017 and 1.07% as on 31 December 2016. The bank's provisions and contingencies rose 10.76% to Rs 212.77 crore in Q3 December 2017 over Q3 December 2016. Kotak Mahindra Bank is one of the leading private sector banks in India. As on 31 December 2017, the bank had a network of 1,375 branches and 2,171 ATMs. Powered by Capital Market - Live News |