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Kotak Mahindra Bank Share Price Target: Kotak Mahindra Bank's stock gained strength on Tuesday. The bank's stock closed at Rs 1758 on BSE with a gain of Rs 29.50 or 1.71 percent. However, since October 18, the bank's stock has weakened by about 6 percent. Meanwhile, a brokerage firm has advised to buy Kotak Mahindra Bank's shares. Know further what should be the target for the stock.
Kotak Mahindra Bank Share Target
Brokerage firm Axis Securities has recommended buying shares of Kotak Mahindra Bank with a target price of Rs 1,916. The current market price of Kotak Mahindra Bank is Rs 1758. That is, it can give a return of 9 percent from the current price.
What is the market capital (Kotak Mahindra Bank Market Cap)
The market capital of Kotak Mahindra Bank is currently Rs 3.50 lakh crore. The key Products/Revenue Segments of Kotak Mahindra Bank include Interest & discounts on Advances & Bills, Investment Income, Interest on Balance with RBI, and Other Inter-Bank Funds, and Interest for the year ending 31-Mar-2023.
Kotak Mahindra Bank Share Returns
- Kotak Mahindra Bank's share has risen by 0.50 percent in the last 5 days
- It has slipped 1.68 percent in a month
- It has given a profit of 8.2% in 6 months
- The stock has lost 8 per cent so far in 2024
- Its one-year return has been 1.03 percent
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