Kotak Mahindra Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 398, up 2.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.25% on the day, quoting at 23273.3. The Sensex is at 74251.88, up 0.36%. Kotak Mahindra Bank Ltd has added around 5.85% in last one month.

Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has added around 3.63% in last one month and is currently quoting at 55100.3, up 0.72% on the day. The volume in the stock stood at 83.89 lakh shares today, compared to the daily average of 154.95 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 400, up 2.81% on the day. Kotak Mahindra Bank Ltd is down 6.43% in last one year as compared to a 6.49% fall in NIFTY and a 1.04% fall in the Nifty Bank index.

The PE of the stock is 27.56 based on TTM earnings ending March 26.