Kotak Mahindra Bank gains 3.3% after Q2 advances rise 24.7%; GS reiterates 'buy'
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.