Archive · 30 Sep 2025
Morgan Stanley Initiates Coverage on Kotak Mahindra Bank
Imagine a financial expert named Morgan Stanley looked at a bank called Kotak Mahindra Bank and gave it a good review.
They think the bank's stock price could go up by 31%.
The bank makes money by giving out loans.
The expert believes the bank will do better as the economy improves.
The bank's profits dipped slightly in the last quarter, and some of their loans haven't been paid back.
However, the expert still thinks it will do well.
Morgan Stanley initiated coverage on Kotak Mahindra Bank with an 'Overweight' rating.
The brokerage set a target price of ₹2,600 per share.
Kotak Mahindra Bank's stock closed at ₹1996.20 on Tuesday.
The bank's net profit for the June quarter was ₹3,281.7 crore.
Gross NPA ratio increased to 1.48%.
- Who
- Morgan Stanley, Kotak Mahindra Bank
- What
- Morgan Stanley initiated coverage on Kotak Mahindra Bank with an 'Overweight' rating.
- When
- Tuesday, June Quarter
- Where
- BSE
- Why
- Morgan Stanley sees potential for growth and improvement in the bank's performance.
- Stock Rating
- Overweight
- Target Price
- ₹2,600 per share
- Closing Price (Tuesday)
- ₹1996.20
- Upside Potential
- 31%
- Net Profit (June Quarter)
- ₹3,281.7 crore
- Gross NPA Ratio
- 1.48%