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.

Five leading brokerages have upgraded Kotak Mahindra Bank to ‘buy’ following its Q3FY25 results, with target prices ranging from ₹2,020 to ₹2,111. The private sector lender reported a 10 per cent year-on-year increase in net profit at ₹3,305 crore for the third quarter.

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.

The consolidated net profit of Kotak Mahindra Bank increased by 10.22 per cent to Rs 4,701 crore in the third quarter of FY25, from Rs 4,265 crore in the same period last year. The private lender saw a 6.8 per cent decline in the reporting quarter, with a net profit of Rs 5,044 crore for the July-September quarter Q2 FY25.

Shares of Kotak Mahindra Bank on Monday jumped nearly 10 per cent after the firm posted a 10 per cent growth in its consolidated net at Rs 4,701 crore, aided by the performance of capital markets-linked arms. The stock surged 9.66 per cent to Rs 1,928.65 on the BSE.

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,