Kotak Mahindra Bank shares fell over 4% as net interest margins declined and asset quality worsened. Brokerages cut earnings estimates and target prices, citing rising NPAs and slower growth.
Sharekhan is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 2100 in its research report dated October 19, 2024.
Indian markets initially rose on HDFC Bank's strong earnings but later fell due to a sharp decline in Kotak Bank and ...
HDFC Bank Q2 earnings above estimates, profit grows 5.3% YoY to Rs 16,821 crore. Kotak Mahindra Bank Q2 profit rises 4.8% YoY to Rs 3,343.7 crore, asset quality weakens sequentially . Tech Mahindra Q2 ...
By Bharath Rajeswaran and Hritam Mukherjee (Reuters) -Indian shares reversed early gains on Monday, as broad-based ...
Equity benchmark indices began the trade on a buoyant note on Monday, helped by buying in blue-chip HDFC Bank, but later gave up all the initial gains amid a sharp fall in Kotak Mahindra Bank and ...
Equity benchmark indices began the trade on a buoyant note on Monday, helped by buying in blue-chip HDFC Bank, but later gave up all the initial gains amid a sharp fall in Kotak Mahindra Bank and unab ...