Kotak Mahindra Bank Shares Worth Rs. 104.70 Crores Traded in NSE Block Deal
A significant block trade of Kotak Bank shares occurred on the National Stock Exchange (NSE). The transaction involved 512,795 shares traded at Rs. 2,041.80 per share, totaling Rs. 104.70 crores. This large-scale trade demonstrates continued interest in Kotak Mahindra Bank among institutional investors and major traders. The identities of the parties involved in the transaction were not disclosed.

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Kotak Bank , one of India's leading private sector banks, witnessed a significant block trade on the National Stock Exchange (NSE) recently. The transaction involved approximately 512,795 shares of the bank, which were traded at a price of Rs. 2,041.80 per share.
Block Deal Details
The block trade, executed on the NSE, resulted in a total transaction value of Rs. 104.70 crores. This substantial deal highlights the continued interest in Kotak Mahindra Bank's shares among institutional investors and large traders.
Transaction Breakdown
Detail | Value |
---|---|
Number of Shares | 512,795 |
Price per Share | Rs. 2,041.80 |
Total Transaction Value | Rs. 104.70 crores |
Impact on Trading
Block deals of this magnitude often attract attention in the market as they can potentially impact the stock's price and trading volume. However, it's important to note that such transactions are typically pre-arranged between buyers and sellers and may not necessarily reflect the overall market sentiment towards the stock.
Kotak Mahindra Bank's Market Position
Kotak Mahindra Bank has been a significant player in the Indian banking sector, known for its strong financial performance and innovative banking solutions. While this block deal represents a notable transaction, investors and analysts will likely continue to monitor the bank's fundamental performance and broader market trends to assess its long-term prospects.
It's worth noting that the details of the parties involved in this block trade have not been disclosed, which is common practice in such transactions to maintain market integrity and confidentiality.
Investors and market participants are advised to consider this information as part of their broader analysis and consult financial experts for personalized investment decisions.
Historical Stock Returns for Kotak Bank
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.63% | -0.75% | +2.60% | -6.49% | +6.28% | +63.30% |