Kotak Mahindra Bank Ltd.

NSE: KOTAKBANK | BSE: 500247 | ISIN: INE237A01028 | Industry: Banks
| Turnaround Potential
2092.4000 -23.20 (-1.10%)
NSE May 14, 2025 15:31 PM
Volume: 2.1M
 

2092.40
-1.10%
ICICI Securities Limited
Net interest income (NII) came in at | 2939 crore, up 22.8% YoY, on the back of healthy credit growth of ~24% YoY and improvement in margins of ~13 bps at 4.3%. Core fee income growth remained healthy at 25% YoY to | 1038 crore Operational expenses came in a tad higher at | 1965 crore, up 21.8% YoY. The operational performance remained healthy with profit prior to provision (PPP) at | 1938 crore. The bank had reversed investment MTM of | 272 crore in the quarter...
KRChoksey increased Accumulate price target of Kotak Mahindra Bank Ltd. to 2352.0 on 05 May, 2025.
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