Kotak Mahindra Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 1256.7, up 1.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 10798.45. The Sensex is at 35966.65, up 0.52%. Kotak Mahindra Bank Ltd has added around 11.22% in last one month.

Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has added around 3.79% in last one month and is currently quoting at 26643.85, up 1.01% on the day. The volume in the stock stood at 27.97 lakh shares today, compared to the daily average of 54.31 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 1258.55, up 1.25% on the day. Kotak Mahindra Bank Ltd is up 22.65% in last one year as compared to a 5.33% gain in NIFTY and a 6.94% gain in the Nifty Bank index.

The PE of the stock is 54.3 based on TTM earnings ending September 18.