Banking & Financials Sector: Credit Growth Picking Up; Lower Provisions to Drive Earnings
Credit growth picking up; lower provisions to drive earnings We expect strong earnings performance from banks in 4QFY22, driven by: (1) improving...
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Pick of the Week: Kotak Mahindra Bank
We recommend a BUY rating on the stock with a target price of Rs 1941, implying an upside of 10% from the CMP. Kotak Mahindra Bank (KMB) offers...
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Kotak Mahindra Bank (Q3FY22 Result review): Capitalising on growth impulses; upgrade to ADD
We upgrade from REDUCE to ADD with an SOTP-based target price of INR2,040 (standalone bank at INR1,448, 3.7x Sep-23 ABVPS). Kotak Mahindra...
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Kotak Mahindra Bank: Pedalling Business Growth Ahead
Kotak Mahindra Bank (KMB) is a powerful banking franchise, with promoter stake at 26% and strong promoter led management
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Kotak Mahindra Bank: Well Positioned for Earnings Pick-Up
We revise our rating to Buy from Hold with revised target price of Rs 2,475 (SOTP basis). The key positives for Kotak Mahindra Bank (KMB) in Q2FY22...
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