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News Topical, Digital Desk : Block Deal: CNBC Awaaz's news has been confirmed. CNBC Awaaz had reported yesterday about a block deal in KOTAK Mahindra Bank. Today this deal was done in the block window. A block deal has been done in KOTAK Mahindra Bank, in which 3.22 crore shares were transacted.
The total value of this big trade has been close to Rs 6,256 crore. This deal was done in the block deal window at the rate of Rs 1,940.80 per share. This deal has been recorded in 1.62% equity of the company.

Impact on stock

KOTAK Mahindra Bank shares opened with a good gain today on September 10. The share price is currently at Rs 1,983.10, which is 1.16% or Rs 22.70 higher than the previous close price of Rs 1,960.40. The maximum price of the stock during the day was Rs 1,988.90 and the minimum was Rs 1,971.40. The market cap of the bank is recorded at Rs 3.94 lakh crore, while its P/E ratio is 20.59. Apart from this, the dividend yield of the bank is 0.13.


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