ICICI, Kotak Mahindra Bank lead six of 10 most valued firms to add over Rs 1 lakh crore in market capitalisation
NEW DELHI: The market valuation of six of the top 10 most valued firms zoomed by Rs 1,06,523.84 crore last week, with ICICI Bank and Kotak Mahindra Bank leading the pack. During the last week, the BSE benchmark Sensex had gained 1,032.59 points or 2.68 per cent. Of these 10 most valued companies in terms […]
Kotak Mahindra Bank Q4 profit down 4 per cent to Rs 1,952 crore
NEW DELHI: Kotak Mahindra Bank on Wednesday reported 4 per cent decline in consolidated net profit at Rs 1,951.82 crore for the fourth quarter ended March 2020 due to COVID-19 related provisions. The private sector lender clocked a profit of Rs 2,038.27 crore in the same quarter of the previous financial year. Total income declined […]
Kotak Mahindra Bank surpasses Maruti Suzuki in market cap to enter top 10 club
NEW DELHI: Private sector lender Kotak Mahindra Bank’s market valuation surpassed that of Maruti Suzuki to enter the top 10 club by market capitalisation in the country on Friday. It has also become the country’s fourth most valued bank in terms of market capitalisation after HDFC Bank, State Bank of India (SBI) and ICICI Bank. […]