Kotak Mahindra Bank shares rise 0.84% and outperform peers
Updated
Updated · MarketWatch · May 7
Kotak Mahindra Bank shares rise 0.84% and outperform peers
11 articles · Updated · MarketWatch · May 7
The stock closed at 379.35 rupees as the BSE Sensex fell 0.15% to 77,844.52 in a broadly weak Indian market session.
Kotak Mahindra Bank ended 16.25% below its 52-week high of 452.98 rupees reached on 20 October.
Among peers, IndusInd Bank rose 0.02%, ICICI Bank slipped 0.04% and Yes Bank gained 1.72%, while Kotak trading volume reached 2.8 million against a 50-day average of 1.3 million.
How will Kotak Bank navigate the industry-wide squeeze on profits and liquidity?
Can Kotak's acquisitions offset shrinking margins and a strict ban on its digital growth?
Following a major fraud and RBI ban, are analysts overlooking Kotak Bank's fundamental risks?