Kotak Mahindra Bank Shares Rise 2% After Q2 Earnings Growth
Kotak Mahindra Bank shares rose as much as 2% on Monday, ranking among the Nifty 50’s top gainers after the lender reported robust second-quarter earnings growth.
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Kotak Mahindra Bank shares rose as much as 2% on Monday, ranking among the Nifty 50’s top gainers after the lender reported robust second-quarter earnings growth.
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.
Shares of India's Kotak Mahindra Bank rose 3.3% to 429.80 rupees after reporting a 24.7% rise in net advances for Q2FY27. Goldman Sachs reiterated its 'buy' rating with a price target of 540 rupees, citing stronger-than-expected Q2 updates and raising earnings estimates.