1. About Kotak Mahindra Bank Limited
 Kotak Mahindra group, established in 1985 by Uday Kotak, is one of India’s leading financial services
conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received
a banking licence from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance
company in India to be converted into a bank Kotak Mahindra Bank Limited (KMBL).
 Kotak Mahindra Bank is the fourth largest Indian private sector bank by market capitalization, headquartered in
Mumbai, Maharashtra.
 In a study by Brand Finance Banking 500, published in February 2014 by the Banker magazine (from The
Financial Times Stable), KMBL was ranked 245th among the world’s top 500 banks with brand valuation of
around half a billion dollars ($481 million) and brand rating of AA+. KMBL is also ranked among the top 5 Best
Ranked Companies for Corporate Governance in IR Global Ranking.
 As on September 30, 2014, Kotak Mahindra Bank has over 641 branches and over 1,159 ATMs spread across
363 locations in the country. In 2014, Kotak Bank acquired ING Vysya Bank for a deal valued at 15000 crore
(US$2.4 billion). With the merger, the total human resource count will jump to almost 40,000 heads and the
branch was expected to rise over 1200.
 Technical Outlook
 History repeat itself which we can find on chart as after every consolidation range breakout, stock had
perceived well upside movement with more than 15% upswing in prices. Remarkably, the same has happened
at present level as recently stock has given breakout of its consolidation pattern with above average volume.
 On momentum indicators front, whenever RSI gave positive upper band breakout of its respective pattern,
prices had witnessed good upside move. Currently, RSI has given upper band breakout of its falling wedge
pattern, so we can expect the identical constructive move which we observed in past.
 Also, at the time of consolidation, volume activity was very high, which gives us a hint of accumulation in the
stock.
 Based on the above technical setup, we believe the stock could move towards 1600-1650 levels in few trading
sessions.
Company Kotak Bank Ltd
Recommendation Buy
Sector : Banking
CMP : Buy btwn 1420-1440
Price Potential : 1600-1650
Stop loss (Closing Basis): 1340
Mkt Cap (Rs. Cr.) 1,30,346
TTM EPS (Rs.) 20.44
TTM Sales (Rs. Cr.) 9720
BVPS (Rs.) 155.68
Reserves (Rs. Cr.) 13,755
P/BV 9.17
PE 69.85
Bloomberg Code KMB:IN
Reuters Code KTKM.NS
TW = Twelve Months
TTM= Trailing 12 months
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Pick of the Week: KOTAK MAHINDRA BANK LTD.
04th July, 2015
www.choiceindia.com *Please Refer Disclaimer on Website

2. Pick of the Week: KOTAK MAHINDRA BANK LTD.
04th July, 2015
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual FundsSEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
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person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies Aprilket psychology, price patterns and volume levels. It is used to forecast future price
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the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking
makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are
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Contact Us
Kunal Pamar (Research Associate)
kunal.pamar@choiceindia.com
PERFORMANCE TRACKER
Rohan Shinde (Research Associate)
rohan.shinde@choiceindia.com
www.choiceindia.comcustomercare@choiceindia.com
Chandrakant Maske(Research Associate)
chandrakant.maske@choiceindia.com
Amit Pathania (Research Associate)
amit.pathania@choiceindia.com
Date
Lot
Size
Type of
Call
Equity Initiated SL TGT Result
Profit/
Loss
Total
Profit
07.02.15 125 Buy TCS 2575 2380 2920
06.06.15 1000 Buy BHEL 246.45 225 300 Book Profit@259on 25.06.15 12.55 12550
13.06.15 125 Buy ACC 1370-1400 1330 1550 Book Profit@1450on 23.06.15 80 10000
20.06.15 125 Buy BAJAJ AUTO 2405.6 2300 2700 Book Profit@2538on 26.06.15 132.4 16550
27.06.15 100 Buy TV18BROADCAST 37.6 33 48
Total 39100