The shares of Kotak Mahindra Bank have been in base building mode for almost a year. But, it has given great returns for long term investors. In the post-Covid rebound, the share price of Kotak Mahindra Bank has risen from approx. from 1175 At each level of 1905, an increase of about 60 per cent was recorded in about two years. However, if an investor has a very long outlook or say more than a decade, then such investors also get the benefit of dividend and bonus shares. The dividend paying stock has consistently declared dividends since 2008. In between, it announced 1:1 bonus share Too. So, if an investor had invested in Kotak Mahindra Bank shares about 20 years back, the absolute value of his money would have been more than 500 times.
Kotak Mahindra Bank Bonus Share History
dividend paying banking stocks It has consistently declared interim and final dividend to its shareholders since 2008. Meanwhile, the private lender announced bonus shares in the ratio of 1:1 in July 2015, meaning a shareholder got one bonus share for every share he held. Thus, the shareholding of an investor doubled after the issue of 1:1 bonus shares.
effect on investors’ money
Twenty years ago, the shares of Kotak Mahindra Bank were available on 6.88 each level (its close price on NSE as on 25 October 2022). If an investor had invested in the shares of Kotak Mahindra Bank twenty years ago, he would have got 14,534 shares of Kotak Mahindra Bank. After the issue of 1:1 bonus shares, its shareholding would have become 29,068 shares of Kotak Bank. kotak bank share price today 1905. It means absolute value of one’s 20 years ago, invested 1 lakh in the shares of Kotak Mahindra Bank 5.53 crores today.
Kotak Mahindra Bank shares are available for trading on BSE, NSE, Futures and Options. Banking stocks ended Friday with a market cap of Rs. 3,77,816 crore and its trading volume on NSE stood at 39,41,971, more than double the last 20 days’ average volume of 18,75,436. Its earnings per share (EPS) is 65.66. The banking stock stands at the current PE multiplier of 29 while the sector PE stands at 25.35.
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