Name: Latest research reports of Kotak Mahindra Bank Ltd. authored by JM Financial and published by - Trendlyne research reports.
Item: Kotak Mahindra Bank Ltd.
Rating: 5
Author: JM Financial

Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK | BSE: 500247 | ISIN: INE237A01028 | Industry: Banks
| Turnaround Potential

2079.0000 43.35 (2.13%)

NSE Mar 21, 2025 15:31 PM

New 52W High today

Volume: 18.9M

High volume today

Kotak Mahindra Bank Ltd.

24 Oct 2018

2079.00

2.13%

Kotak Mahindra

Buy: Kotak Mahindra Bank Ltd.

Target

JM Financial

Kotak Bank reported a steady operational quarter in 2QFY19 with PPoP for the standalone bank up 21.5% YoY. However, provisions remained slightly elevated in 2QFY19 as the bank continued to shore up its PCR (up 200bps sequentially to 63%), as well as due to elevated MTM provisions on the investments book. As a result, standalone PAT growth was moderate (+15% YoY), although growth in consol. PAT was healthy at 21%. We believe that the reduction in margin for KMB (down 10bps QoQ to 4.2%), could well be transient, as the loan book (predominantly linked to 6-m MCLR) gets re-priced. Management indicated that the outlook for risk-adjusted margins for KMB seems to be positive, driven by a reduction in...

Kotak Mahindra Bank Ltd. is trading above all available SMAs