Kotak Mahindra Bank Earnings

Kotak Mahindra Bank reported a 26 per cent rise in net income at Rs 2,071.15 crore in the June quarter, buoyed by record margins and a decline in bad loans.

Reliance Industries, Tata Steel, ICICI Bank, HCL Technologies, Asian Paints, Kotak Bank and Tech Mahindra were among the top drags on the Sensex.

Kotak Mahindra Bank Q2 Results: Kotak Mahindra Bank's net interest income for the September quarter increased to Rs 4,021 crore, from Rs 3,897 crore in the same quarter last year

Foreign institutional investors sold shares worth Rs 2,459 crore on Monday while domestic institutional investors bought shares worth Rs 2,390 crore.

Kotak Mahindra Bank on Monday recorded a jump of 32 per cent in its net profit for the first quarter of 2021-22 as it stood at Rs1,642 crore.

Gross non-performing assets as a percentage of gross advances declined 29 bps sequentially to 2.26 per cent

Kotak Mahindra Bank share price surged as much as 11.38%, its biggest single day gain since March 25, 2020, to hit high of Rs 1,576.85 on the BSE.

Domestic stock markets jumped on Tuesday as sharp gains in Kotak Mahindra Bank boosted financial stocks, a day after the private sector lender beat earnings estimates. Benchmark indices S&P BSE Sensex and NSE Nifty 50 gained around 1 per cent each to 40,551.09 and 11,895.20 respectively during the session, also supported by consumer goods and pharm...

Kotak Mahindra Bank share price: Kotak Mahindra Bank's net interest income, difference between interest earned on loans and interest expended on deposits rose 17% to Rs 3,913.21 crore.

Kotak Mahindra had, during market hours on Monday, reported an 8.51 per cent decline in net profit to Rs 1,244.45 crore in the quarter ended June 30

Kotak Mahindra Bank shares fell nearly 3 per cent after the earnings announcement.

Larsen & Toubro, Infosys, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Axis Bank were among the top movers in the Sensex.

Nine of 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty Media index's 1.9 per cent fall.

Kotak Mahindra Bank's core income or the net interest income, the difference between interest earned and interest expended, came in at Rs 3,429.53 crore.

Domestic stock markets erased intraday gains on Monday with benchmark indices moving away from all-time highs registered earlier during the session. In afternoon deals, the S&P BSE Sensex fell as much as 350.54 points from the previous close to hit 41,594.83, and the broader NSE Nifty benchmark slid below the 12,250 mark, retreating from its all-ti...

Kotak Mahindra Bank reported a 26 per cent rise in net income at Rs 2,071.15 crore in the June quarter, buoyed by record margins and a decline in bad loans.

Reliance Industries, Tata Steel, ICICI Bank, HCL Technologies, Asian Paints, Kotak Bank and Tech Mahindra were among the top drags on the Sensex.

Kotak Mahindra Bank Q2 Results: Kotak Mahindra Bank's net interest income for the September quarter increased to Rs 4,021 crore, from Rs 3,897 crore in the same quarter last year

Foreign institutional investors sold shares worth Rs 2,459 crore on Monday while domestic institutional investors bought shares worth Rs 2,390 crore.

Kotak Mahindra Bank on Monday recorded a jump of 32 per cent in its net profit for the first quarter of 2021-22 as it stood at Rs1,642 crore.

Gross non-performing assets as a percentage of gross advances declined 29 bps sequentially to 2.26 per cent

Kotak Mahindra Bank share price surged as much as 11.38%, its biggest single day gain since March 25, 2020, to hit high of Rs 1,576.85 on the BSE.

Domestic stock markets jumped on Tuesday as sharp gains in Kotak Mahindra Bank boosted financial stocks, a day after the private sector lender beat earnings estimates. Benchmark indices S&P BSE Sensex and NSE Nifty 50 gained around 1 per cent each to 40,551.09 and 11,895.20 respectively during the session, also supported by consumer goods and pharm...

Kotak Mahindra Bank share price: Kotak Mahindra Bank's net interest income, difference between interest earned on loans and interest expended on deposits rose 17% to Rs 3,913.21 crore.

Kotak Mahindra had, during market hours on Monday, reported an 8.51 per cent decline in net profit to Rs 1,244.45 crore in the quarter ended June 30

Kotak Mahindra Bank shares fell nearly 3 per cent after the earnings announcement.

Larsen & Toubro, Infosys, ICICI Bank, State Bank of India, Kotak Mahindra Bank and Axis Bank were among the top movers in the Sensex.

Nine of 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty Media index's 1.9 per cent fall.

Kotak Mahindra Bank's core income or the net interest income, the difference between interest earned and interest expended, came in at Rs 3,429.53 crore.

Domestic stock markets erased intraday gains on Monday with benchmark indices moving away from all-time highs registered earlier during the session. In afternoon deals, the S&P BSE Sensex fell as much as 350.54 points from the previous close to hit 41,594.83, and the broader NSE Nifty benchmark slid below the 12,250 mark, retreating from its all-ti...