Kotak Mahindra Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 433.55, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.45% on the day, quoting at 25984.15. The Sensex is at 84465.17, up 0.48%. Kotak Mahindra Bank Ltd has risen around 1.61% in last one month.

Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has risen around 2.24% in last one month and is currently quoting at 60669.35, up 0.19% on the day. The volume in the stock stood at 94.84 lakh shares today, compared to the daily average of 182.24 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 432.65, up 0.85% on the day. Kotak Mahindra Bank Ltd is up 12.99% in last one year as compared to a 12.62% spurt in NIFTY and a 23.04% spurt in the Nifty Bank index.

The PE of the stock is 31.5 based on TTM earnings ending December 25.