Pending — not yet graded
Bullish on Kotak Mahindra Bank with a target price of Rs 500. The bank maintained core NIMs at 4.53% in Q1, with contained credit costs and stable asset quality. Management expects gradual growth, supported by CASA mobilisation, retail recovery, and inorganic opportunities, following improving trends in the unsecured portfolio.

Axis Securities Analysis’s track record: 3 graded calls · 95% CI 21–94%

Kotak Mahindra BankBullishCalled 21 Aug 2026
Verdict:PENDING

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