Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1140.85
Change Change %
-40.80 -3.45%

Updated:03 Apr, 2020, 15:59 PM IST

BSE
1140.00
Change Change %
-42.10 -3.56%

Updated:03 Apr, 2020, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
12-05-2016 Buy 731.15 900.00
N/A
Target Hit Long (1Y)
12-05-2017

Religare maintains buy on Kotak Mahindra Bank

Kotak Mahindra Bank's Q4 earnings were in-line with estimates. Loan growth at 12 per cent remains strong. Integration with ING Vysya Bank has started yielding results. Kotak Bank is trading at a premium valuation of 3.6 times its FY17 estimated book value, which is justified given the structural improvements in its liability franchise and return ratios post-merger.

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