Shares of Kotak Mahindra Bank Ltd. 500247 slid 1.36% to 1,893.40 Indian rupees Tuesday, on what proved to be an all-around grim trading session for the stock market, with the BSE SENSEX Index 1 falling 1.

Shares of Kotak Mahindra Bank on Monday jumped more than 9 per cent after the firm posted a 10 per cent growth in its consolidated net profit at Rs 4,701 crore, aided by the performance of capital markets-linked arms. The stock surged 9.15 per cent to settle at Rs 1,919.60 apiece on the BSE. During the day, it zoomed 9.68 per cent to Rs 1,929.

Kotak Mahindra Bank shares climbed 9.22 per cent to hit a high of Rs 1,920.85 on BSE. At this price, the bank commanded m-cap of  of Rs 3,81,928 crore. This was higher than Maruti Suzuki India's Rs 3,

Shares of Kotak Mahindra Bank Ltd. 500247 advanced 9.15% to 1,919.60 Indian rupees Monday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.

Motilal Oswal is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 2100 in its research report dated January 19, 2025.

India's Kotak Mahindra Bank on Saturday reported a 10% rise in quarterly profit as it boosted lending, although provisions for potential bad loans surged.

Kotak Mahindra Bank reported a 10% year-on-year increase in its standalone net profit for the quarter ending December 31, 2024, reaching ₹3,305 crore. This growth was driven by a 10% rise in net interest income (NII) to ₹7,