Rahul Malani of Mirae Asset Sharekhan notes Kotak Mahindra Bank’s weak quarter was expected, with a potential one-off provision. He anticipates improved core operating profitability due to strategic levers. While SBI faces core operating profitability pressure, its well-positioned balance sheet and treasury gains should sustain ROA around 1%.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing