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Kotak Mahindra Bank Shares Rise 2% After Q2 Results

Kotak Mahindra Bank shares climbed more than 2% on Monday and were among the Nifty 50's top gainers after the lender reported strong fiscal second-quarter earnings growth. JPMorgan raised its target price.

KOTAKBANK

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04:45:48 AM UTC
SquawkNews
Kotak Mahindra Bank shares rose 3.6 per cent in early trade on Monday after the bank reported a 29.5 per cent year-on-year increase in net profit to ₹4,212 crore for the quarter ended September 30, 2026, driven by higher other income. Brokerages maintained positive views on the lender, with JPMorga…

Kotak Mahindra Bank shares climbed more than 2 percent on Monday, emerging among the top gainers on the Nifty 50, after the private sector lender reported strong earnings growth for the fiscal second quarter. Brokerage JPMorgan raised its target price on the stock, citing better-than-expected opera…