Kotak Mahindra Bank zooms on signing MoU with Business France
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Kotak Mahindra Bank is currently trading at Rs. 1819.50, up by 58.15 points or 3.30% from its previous closing of Rs. 1761.35 on the BSE.
The scrip opened at Rs. 1797.00 and has touched a high and low of Rs. 1824.65 and Rs. 1783.65 respectively. So far 63289 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2252.45 on 27-Oct-2021 and a 52 week low of Rs. 1627.25 on 30-Jul-2021.
Last one week high and low of the scrip stood at Rs. 1824.65 and Rs. 1714.00 respectively. The current market cap of the company is Rs. 361215.42 crore.
The promoters holding in the company stood at 25.99%, while Institutions and Non-Institutions held 57.55% and 16.46% respectively.
Kotak Mahindra Bank (KMBL) has entered into a Memorandum of Understanding (MoU) with Business France, the French national agency in charge of the development of exports and international investments in France, to support companies in the Indo-French corridor and promote business and the start-up ecosystem in India and France.
Business France fosters export growth by French businesses, facilitating international investment in France. It also promotes French companies (mainly mid-sized), business image and nationwide attractiveness as an investment location.
Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
