mayur1630

Kotak Mahindra Bank Ltd.

Long
NSE:KOTAKBANK   KOTAK MAHINDRA BAN
Kotak Mahindra Bank Ltd.

ABOUT -
Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory Services, Asset Management, Life Insurance, and General Insurance.

Branch Network -
Presently, the bank operates ~1,700 branches & ~2,700 ATMs in India. 45% of its branches are located in metro cities while the rest 55% are distributed in urban, semi-urban, and rural areas. North, East & West accounts for ~30% of total branches while the East accounts for only 8% of the total branch network. It opened its first international branch in 2019 in Dubai.

Customer Base -
The bank has an active customer base of ~3.2 crore customers.

Digital Advancement -
Kotak Mahindra has been focusing on digitizing its banking. 97%+ Savings account transactions and 65% of the overall service requests were received through digital or non-branch modes. Almost all RDs and ~82% of FDs were booked through digital channels and 79% of credit cards were also sourced digitally from the bank.

TECHNICAL ANALYSIS.
Time Frame - 1D.
1. Stock breaks the previous highs and successfully closes on it.
2. Very highly delivered (40,37,340) & Traded Qty (65,68,088).
3. Aggressive PUT writing in strikes from 1900 to 2000, and call unwinding till the 1940 strike price.

FUNDAMENTAL ANALYSIS.
SECTOR: Bank - Private
1. MARKET CAP - ₹ 390,177 Cr.
2. Capital Adequacy Ratio - ~23%
3. Net Interest Margin - ~5%
4. Gross NPA - 2.3%
5. Net NPA - 0.6%
6. CASA Ratio - 58%

DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.

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