Kotak Mahindra Bank shares fall 4% to fresh 52-week low on another bad news

May 2, 2024

Kotak Mahindra Bank’s shares plummeted 4%, hitting a new 52-week low of Rs 1,561 following Joint MD KVS Manian’s resignation. Nuvama downgraded the stock from buy to reduce. Earlier, RBI restrictions caused a 10% decline last week.

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