|
31 Jul 2025 |
Kotak Mahindra Bank
|
Consensus Share Price Target
|
1945.10 |
2336.53 |
- |
20.12 |
buy
|
|
|
|
|
22 Oct 2023
|
Kotak Mahindra Bank
|
Motilal Oswal
|
1945.10
|
1900.00
|
1769.60
(9.92%)
|
Target met |
Neutral
|
|
|
|
|
22 Oct 2023
|
Kotak Mahindra Bank
|
Prabhudas Lilladhar
|
1945.10
|
2250.00
|
1769.60
(9.92%)
|
|
Buy
|
|
|
|
|
04 Sep 2023
|
Kotak Mahindra Bank
|
ICICI Securities Limited
|
1945.10
|
1850.00
|
1771.10
(9.82%)
|
Target met |
Hold
|
|
|
As per the meeting held on 2nd Sep’23, the board of Kotak Mahindra Bank (KMB) has informed that Mr. Uday Kotak has resigned as the MD & CEO of the bank and has become a non-executive non-independent director of the bank for a period of 5 years. He would not be liable to retire by rotation.
|
|
02 Aug 2023
|
Kotak Mahindra Bank
|
Geojit BNP Paribas
|
1945.10
|
2122.00
|
1823.70
(6.66%)
|
|
Buy
|
|
|
|
|
25 Jul 2023
|
Kotak Mahindra Bank
|
BOB Capital Markets Ltd.
|
1945.10
|
2122.00
|
1875.50
(3.71%)
|
|
Hold
|
|
|
Strong core and non-core revenue supported Q1 net income growth of 50% YoY though NIM contracted 15bps sequentially
|
|
24 Jul 2023
|
Kotak Mahindra Bank
|
ICICI Securities Limited
|
1945.10
|
2000.00
|
1970.20
(-1.27%)
|
|
Hold
|
|
|
Kotak Mahindra Bank (KMB) reported healthy Q1FY24 PAT at INR 34.5bn (~5% beat, led by higher other income) with RoA at 2.8%. Deposit growth jumped sharply to 6% QoQ though entirely from term deposits (up 15% QoQ) while CASA declined. There was a substantial rise in slippages / credit costs, which was partly due to higher share of unsecured loans (now at 10.7% vs 7.9% YoY).
|
|
24 Jul 2023
|
Kotak Mahindra Bank
|
SMC online
|
1945.10
|
|
1897.25
(2.52%)
|
|
Results Update
|
|
|
|
|
24 Jul 2023
|
Kotak Mahindra Bank
|
Axis Direct
|
1945.10
|
2300.00
|
1897.25
(2.52%)
|
|
Buy
|
|
|
We maintain our BUY recommendation on the stock.
|
|
23 Jul 2023
|
Kotak Mahindra Bank
|
Motilal Oswal
|
1945.10
|
2170.00
|
1970.20
(-1.27%)
|
|
Neutral
|
|
|
|
|
23 Jul 2023
|
Kotak Mahindra Bank
|
Prabhudas Lilladhar
|
1945.10
|
2250.00
|
1970.20
(-1.27%)
|
|
Buy
|
|
|
|