Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK | BSE: 500247 | ISIN: INE237A01028 | Industry: Banks
| Mid-range Performer
2090.1000 -21.10 (-1.00%)
NSE May 20, 2025 15:31 PM
Volume: 3.9M
 

2090.10
-1.00%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Kotak Mahindra Bank's operational performance continued to remain steady. Higher provision impacted earnings growth. NII grew 16.3% YoY at | 2689 crore, led by healthy credit offtake at 21.2% YoY to | 184940 crore. Margins declined by ~10 bps QoQ at 4.2% Aided by healthy growth in NII and other income, profit prior to provision (PPP) came in at | 2095 crore. Provision came in higher at | 354 crore, led by provision towards investment at | 132 crore....
KRChoksey increased Accumulate price target of Kotak Mahindra Bank Ltd. to 2352.0 on 05 May, 2025.
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