Kotak Mahindra Bank's Stock Sees -10% Decline, 'Hold' Call by MarketsMOJO.

Kotak Mahindra Bank, one of the leading private banks in India, has seen a decline of -10.0% in its stock price on April 25th, 2024. This has led to a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.

The stock opened with a loss of -9.12% today, hitting a new 52-week low of Rs.1658.75. It has also underperformed the sector by -9.04% and has fallen after 4 consecutive days of gains. The intraday low for the stock was Rs.1658.75, a decrease of -10%.

Kotak Mahindra Bank's stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its performance.

In comparison to the Sensex, Kotak Mahindra Bank's 1-day performance is -9.67%, while the Sensex has only seen a -0.22% decrease. Similarly, in the past month, the bank's performance has been -6.19%, while the Sensex has seen a 1.18% increase.

While the reasons for this decline in stock price are not mentioned, investors should keep an eye on the bank's performance in the coming days. This news is for informational purposes only and does not constitute any recommendations or predictions. Stay tuned for more updates on Kotak Mahindra Bank's stock performance.