Kotak Mahindra Bank share price gains 1.27% to ₹415 on September 16

Key Takeaways

• Kotak Mahindra Bank gained ₹5.20 or 1.27% to ₹415 after moving within a relatively tight ₹8 intraday range.
• The closing price remained above all three displayed moving averages, which were grouped around ₹398–₹403.
• Every displayed return period was positive, ranging from 2.28% over three months to 13.13% over six months.

Kotak Mahindra Bank share price closed September 16 at ₹415, up ₹5.20 or 1.27%. The previous close was displayed at ₹410. It opened at ₹414, reached ₹417 and fell to ₹409 before finishing close to the upper end of the day's range.

Only ₹8 separated the session high and low. Kotak Mahindra Bank finished ₹6 above the low and ₹2 beneath the high. It also closed ₹1 above its opening price. Volume reached 10,955,435 shares, a sizeable count for a session with a relatively narrow price band.

All three moving averages were below the closing price. The 50-day DMA stood at ₹403.30, leaving the share ₹11.70 higher. The 200-day DMA was ₹398.80, or ₹16.20 below the close. Its 100-day DMA came in at ₹398.40, putting Kotak Mahindra Bank ₹16.60 above that level.

The 52-week range extended from ₹346 to ₹453. At ₹415, the closing price stood ₹69 above the low and ₹38 beneath the high. The session high of ₹417 was only ₹36 short of the annual peak. The full 52-week band measured ₹107.

Returns were positive across every displayed period. One month stood at 6.10%, three months at 2.28% and six months at 13.13%. The one-year return was 5.29%. The spread between the strongest and weakest of those readings was 10.85 percentage points.

September 16 reinforced that positive set of historical numbers with a 1.27% daily gain. The stock closed near its session high and above each moving average shown on the page. More than 10.9 million shares traded inside a ₹8 band, while the latest price remained closer to the 52-week high than the low in absolute rupee terms.