A new week has begun and Dalal Street has lot on the table. From the ongoing Q2 earnings season to other domestic and international development, this is bound to be an action-packed week. As the busy ...
Kotak Mahindra Bank shares fell nearly 7% after Q2 earnings disappointed, with a 5% rise in net profit and a market valuation loss of Rs 24,801.79 crore.
Kotak Mahindra Bank shares fell over 4% as net interest margins declined and asset quality worsened. Brokerages cut earnings estimates and target prices, citing rising NPAs and slower growth.