🔔 Upgrade Alert
Citi and Jefferies upgraded Kotak Mahindra Bank to 'Buy', raising target prices to ₹2,070 and ₹2,120 respectively.
Kotak Mahindra Bank Ltd Analyst Rating
based on 40 analysts
56.41%
Buy
30.77%
Hold
12.82%
Sell
Based on 40 analysts offering long term price targets for Kotak Mahindra Bank Ltd. An average target of ₹2000.55
Source: S&P Global Market Intelligence
Kotak Mahindra Bank Ltd Share analysis
Kotak Mahindra Bank Ltd price forecast by 40 analysts
Upside of8.89%
High
₹2300
Target
₹2000.55
Low
₹1579
Kotak Mahindra Bank Ltd target price ₹2000.55, a slight upside of 8.89% compared to current price of ₹1838.65. According to 40 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Kotak Mahindra Bank Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Kotak Mahindra Bank Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Kotak Mahindra Bank Ltd Performance
Day's Low
Day's High
₹1,817.1Day's Price Range₹1,85352 Week's Low
52 Week's High
₹1,543.8552-Week Price Range₹1,942
| Returns % | |
| 1 Month Return | + 4.99 % |
| 3 Month Return | + 0.79 % |
| 1 Year Return | -1.54 % |
| Market Stats | |
| Previous Close | ₹1,837.15 |
| Open | ₹1,851.00 |
| Volume | 42.77L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,65,257.33Cr |
Kotak Mahindra Bank Ltd Key Statistics
| P/E Ratio | 16.56 |
| PEG Ratio | 0.67 |
| Market Cap | ₹3,65,257.33 Cr |
| P/B Ratio | 3.67 |
| EPS | 90.24 |
| Dividend Yield | 0.11 |
| Sector | Banks |
| ROE | 15.29 |
Kotak Mahindra Bank Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹3,65,257.33 Cr | 2.17% | NA | ₹18,213 Cr | ₹94,273 Cr | |
| BUY | ₹77,231.29 Cr | -7.03% | NA | ₹8,977 Cr | ₹55,143 Cr | |
| BUY | ₹25,925.36 Cr | -13.64% | NA | NA | NA | |
| BUY | ₹9,11,097.82 Cr | 27.9% | NA | ₹44,256 Cr | ₹2,36,037 Cr | |
| BUY | ₹3,36,313.35 Cr | 9.25% | NA | ₹26,386 Cr | ₹1,37,989 Cr |
About Kotak Mahindra Bank Ltd
The bank offers a wide range of banking and financial services, including retail banking, corporate banking, investment banking, wealth management, private banking, credit cards, and stock broking. Its range of products includes savings accounts, current accounts, fixed deposits, mutual funds, loan products, and debit/credit cards.
The bank has several popular brands, such as 811, Kotak Cards, Kotak Mahindra Prime, and Kotak Wealth Management. 811 is a digital savings account that offers customers a host of features such as zero balance savings, instant transfers, and exclusive offers. Kotak Cards offer customers a range of credit cards with attractive rewards and cashback benefits. Kotak Mahindra Prime is a premium car financing service and Kotak Wealth Management offers customers a range of wealth management services.
Share Price: ₹1838.65 per share as on 03 Jan, 2025 04:04 PM
Market Capitalisation: ₹3,65,257.33Cr as of today
Revenue: ₹26,880.02Cr as on September 2024 (Q3 24)
Net Profit: ₹5,044.05Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Chandra Shekhar Rajan
| Organisation | Kotak Mahindra Bank Ltd |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 03 Jan
09:06 AM
-Jefferies upgrades Kotak Mahindra Bank from Hold to Buy, raising target price to ₹2,120 from ₹2,080.
09:16 AM
-Analysts share buy calls on Kotak Mahindra Bank, indicating positive sentiment.
12:38 PM
-Kotak Mahindra Bank shares extend gains for fourth session after brokerage upgrades.
Today's Timeline - 03 Jan
12:57 PM
-Citi upgrades Kotak Mahindra Bank to Buy, raising target price to ₹2,070, citing loan growth stability.
Key events for Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Receives Upgrades and Focuses on SMEs - 02 Jan, 2025
Kotak Mahindra Bank has been upgraded by Citi and Jefferies, with target prices indicating potential upside. The bank is also focusing on growing its SME segment, which is expected to drive future growth.Kotak Mahindra Bank Revises Charges for 811 Accounts - 19 Dec, 2024
Kotak Mahindra Bank announced changes to charges and free ATM transaction limits for its 811 account holders, effective February 1, 2025. New fees include Rs 21 for financial transactions and Rs 8.5 for non-financial transactions beyond the free limits.Private Banks Show Mixed Performance Amidst Consolidation - 18 Dec, 2024
Recent observations indicate that while private banks like ICICI, HDFC, and Kotak Mahindra Bank are attempting a comeback after a period of consolidation, their performance is not fully reflected in the private bank index.Kotak Mahindra Bank Shows Recovery and Fund Launch - 05 Dec, 2024
Kotak Mahindra Asset Management Company plans to enter the private credit market with a fund targeting Rs 1,500-2,000 crore. Additionally, Bank Nifty experienced a notable recovery, aided by Kotak Mahindra Bank's performance.
Insights on Kotak Mahindra Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 7 days, KOTAKBANK stock has moved up by 4.4%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 16.52% to 16.69% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 31.51% to 31.75% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, State Bank of India has given 70.2% return, outperforming this stock by 69.5%
- NO EFFECT
Against Peers
In the last 1 year, ICICI Bank Ltd has given 31.2% return, outperforming this stock by 32.7%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 25.89% of holdings in Sep 2024 quarter
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 28.87K Cr → 26.88K Cr (in ₹), with an average decrease of 6.9% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 13.22% to 12.80% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 7.44K Cr → 5.04K Cr (in ₹), with an average decrease of 32.3% per quarter
News
NHPC Receives Approval for Merger with Lanco Teesta
NHPC announced that it has received approval from the Ministry of Corporate Affairs (MCA) for the merger of Lanco Teesta Hydro Power with itself. Meanwhile, the company said that it has received a second on-account gross payment of Rs 250 crore under its Mega Insurance Policy. This payment is related to the business interruption (BI) loss caused by the flash flood at the Teesta-V Power Station (510 MW) on 4 October 2023. NHPC is the largest organization for hydropower development in India. It has also diversified in the field of solar & wind power. As of 30 September 2024, the Government of India held a 67.40% stake in the company. The company reported a 41.19% decline in consolidated net profit to Rs 908.97 crore in Q2 FY25 from Rs 1,545.85 crore recorded in Q2 FY24. However, revenue from operations rose 4.11% year on year (YoY) to Rs 3,051.93 crore in the quarter ended 30 September 2024. Shares of NHPC rose 0.62% to Rs 82.96 on the BSE.03 Jan, 2025 03:18 PMNHPC Gains on Rs 250-Cr Mega Insurance Claim for Teesta-V Loss
NHPC advanced 1.93% to Rs 84.04 after the company announced that it has received a second on-account gross payment of Rs 250 crore under its Mega Insurance Policy. This payment is related to the business interruption (BI) loss caused by the flash flood at the Teesta-V Power Station (510 MW) on 4 October 2023. NHPC is the largest organization for hydropower development in India. It has also diversified in the field of solar & wind power. As of 30 September 2024, the Government of India held a 67.40% stake in the company. The company reported a 41.19% decline in consolidated net profit to Rs 908.97 crore in Q2 FY25 from Rs 1,545.85 crore recorded in Q2 FY24. However, revenue from operations rose 4.11% year on year (YoY) to Rs 3,051.93 crore in the quarter ended 30 September 2024.03 Jan, 2025 09:49 AMNHPC Shares Rise Over 2% After Rs 250 Crore Insurance Payout
Shares of NHPC Ltd, Indias largest hydropower company, surged over 2% on January 3 to ₹83.95 after the company announced receiving a second installment of ₹250 crore under its Mega Insurance Policy. This payment is part of the insurance claim for the business interruption (BI) loss caused by the flash flood at its Teesta-V Power Station (510 MW) on October 4, 2023. NHPC confirmed receiving ₹250 crore as part of the on-account gross payment for the BI loss due to the flash flood at the Teesta-V Power Station. Background: In October 2023, a severe flash flood in the Teesta Basin caused a complete shutdown of the Teesta-V Power Station. Restoration work is expected to be completed by March 2025, with power generation anticipated to resume in Q3 FY26. NHPC reported a 41.2% YoY decline in net profit for Q2 FY25, posting ₹909 crore compared to ₹1,546 crore in the same period last year. Revenue for the quarter rose 4.1% YoY to ₹3,052 crore, while EBITDA grew 1.7% YoY to ₹1,799 crore. However, EBITDA margins contracted to 58.9% from 60.3% last year.03 Jan, 2025 09:33 AMKotak Mahindra Bank Ltd Financials
Index Inclusions
Kotak Mahindra Bank Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 25.89% | ||
| Foreign Institutions | 31.75% | 0.75 | |
| Mutual Funds | 16.69% | 1.03 | |
| Retail Investors | 12.8% | ||
| Others | 12.88% | 0.15 |
Kotak Mahindra Bank Ltd Key Indicators
Kotak Mahindra Bank Ltd Valuation
Kotak Mahindra Bank Ltd in the last 5 years
Lowest (15.21x)
November 13, 2024
Industry (15.46x)
January 2, 2025
Today (16.56x)
January 2, 2025
Highest (44.36x)
July 16, 2018
Kotak Mahindra Bank Ltd Earnings and Dividends
Kotak Mahindra Bank Ltd Earnings Results
Kotak Mahindra Bank Ltd’s net profit jumped 13.07% since last year same period to ₹5,044.05Cr in the Q2 2024-2025. On a quarterly growth basis, Kotak Mahindra Bank Ltd has generated -32.28% fall in its net profits since last 3-months.
Read More about Earnings ResultsKotak Mahindra Bank Ltd Dividends May,2024
In the quarter ending March 2024, Kotak Mahindra Bank Ltd has declared dividend of ₹2 - translating a dividend yield of 0.11%.
Read More about Dividends
Kotak Mahindra Bank Ltd Technicals Summary
Bearish
Neutral
Bullish
Kotak Mahindra Bank Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Kotak Mahindra Bank Ltd (KOTAKBANK) share price today is ₹1838.65
Kotak Mahindra Bank Ltd is listed on NSE
Kotak Mahindra Bank Ltd is listed on BSE
- Today’s highest price of Kotak Mahindra Bank Ltd is ₹1853.
- Today’s lowest price of Kotak Mahindra Bank Ltd is ₹1817.1.
PE Ratio of Kotak Mahindra Bank Ltd is 16.56
PE ratio = Kotak Mahindra Bank Ltd Market price per share / Kotak Mahindra Bank Ltd Earnings per share
Today’s traded volume of Kotak Mahindra Bank Ltd(KOTAKBANK) is 42.77L.
Today’s market capitalisation of Kotak Mahindra Bank Ltd(KOTAKBANK) is ₹365257.33Cr.
| Kotak Mahindra Bank Ltd(KOTAKBANK | Price |
|---|---|
52 Week High | ₹1942 |
52 Week Low | ₹1543.85 |
Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1838.65. It is down -5.32% from its 52 Week High price of ₹1942
Kotak Mahindra Bank Ltd(KOTAKBANK) share price is ₹1838.65. It is up 19.10% from its 52 Week Low price of ₹1543.85
| Kotak Mahindra Bank Ltd(KOTAKBANK | Returns |
|---|---|
1 Day Returns | 1.5% |
1 Month Returns | 4.99% |
3 Month Returns | 0.79% |
1 Year Returns | -1.54% |