Kotak Mahindra Bank’s shares plunged over 7% following disappointing Q1 results, marking the largest single-day drop in 15 months. Analysts see potential upside despite concerns over credit costs and asset quality. While brokerages maintain neutral ratings, some suggest a buy-on-dips strategy, anticipating improved performance from Q3 onwards with the lifting of restrictions on the Kotak 811 platform.
BlackBuck gets Buy rating as Ambit sees strong growth ahead, values stock at Rs 885
Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck’s emergence as
