Why is Kotak Mah. Bank falling/rising?
As of 12-Aug, Kotak Mahindra Bank Ltd's stock price is 1,958.95, down 0.91%, indicating a bearish trend with significant drops in investor participation and recent declines of 2.20% over the week and 11.56% over the month. Despite strong long-term fundamentals and positive year-to-date returns, the stock struggles with short-term momentum amid broader market trends.
As of 12-Aug, Kotak Mahindra Bank Ltd's stock price is currently at 1,958.95, reflecting a decrease of 17.9 points or 0.91%. The stock has been trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 58.99% compared to the 5-day average. Over the past week, the stock has declined by 2.20%, and over the past month, it has seen a more substantial drop of 11.56%. Despite a positive year-to-date return of 9.67% and a 1-year return of 10.33%, the recent performance suggests a struggle against broader market trends.In the broader market context, the stock's short-term performance has underperformed relative to the benchmark, with the Sensex declining by only 0.59% over the past week. While Kotak Mahindra Bank has strong long-term fundamentals, including a high Capital Adequacy Ratio and robust growth in Net Interest Income and net profit, these factors have not translated into positive short-term momentum. The high institutional holdings at 61.95% indicate confidence from larger investors, yet the recent price movement reflects a lack of retail investor interest and overall market sentiment that may be weighing on the stock's performance.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
