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.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may
September 30, 2026