The Kotak Mahindra Group was established in 1985 as Kotak Capital Management Finance managemenet under the leadership of Uday and Sidney A.A. – but in 1986, the leading Industrialists Harish and Anand Mahindra took a huge stake in company and that where the company got their present name Kotak Mahindra Finance limited.
Kotak Mahindra Finance Limited, recieved license to carry on banking business by the Reserve Bank of India in 2003. First ever company in the Indian banking history to convert to a bank. Kotak Mahindra is India’s finest leading financial organization, catering to the growing financial needs of individuals and corporate giants by providing a wide variety of financial services like commercial banking, stock broking, mutual funds, life insurance and Investment banking.
According to asset analysis report, Kotak Mahindra stands of 6799 Cr INR and The Group services around 6.4 million customer accounts through a huge distribution network of branches, franchisees, representative offices and satellite offices across cities and towns in India and overseas.
Kotak Mahindra Prime Limited came in existence with a long term objective of financing the retail and wholesale trading of passenger and multi utility vehicles in India. Kotak Mahindra Asset Management Company is the asset manager for KM Mutual Fund, manages funds of 25,628 Cr INR.
Equity Issuances, Mergers and Acquisitions, Structured Finance and Advisory Services, are some of the core business areas of Kotak Mahindra Capital Company Limited. Its banking operations offer a central platform for customer relationships across the group’s various businesses.
Here a little share tip for trading company and share holders; today share price is 746.56 INR and is likely to go up as the company has shown a net profit of 104% in 2008. The Company has a reputation of yielding high returns in its stocks for the investors who buy its stocks for both short term and long term positive results. If you like to have a more clear view of its market performance then you can request free stock tips India, reports and analysis from this platform.
Hold Kotak Mahindra Bank with stop loss of Rs 750, says Kunal Sarogi, technical analyst, on Zee Business. The stock is currently trading at Rs 771.10, up 0.3% on the BSE.
Hold Kotak Mahindra Bank with target of Rs 845-850, says Mitesh Thacker, technical analyst, on CNBC TV18. It has support at Rs 740, he adds. The stock is currently trading at Rs 767.30, up 2.8% on the
Hold Kotak Mahindra Bank with target of Rs 845-850, says Mitesh Thacker, technical analyst, on CNBC TV18. It has support at Rs 740, he adds. The stock is currently trading at Rs 767.30, up 2.8% on the BSE.
Hold Kotak Mahindra Bank for 17-18% gains in 12 months, says Avinash Gorakshakar, market analyst, on CNBC TV18. The stock is currently trading at Rs 768, up 2.9% on the BSE.
Hold Kotak Mahindra Bank with target of Rs 830 and stop loss of Rs 714, says Kunal Saraogi, technical analyst, on Zee Business. The stock is currently trading at Rs 754, down 0.8% on the BSE.