INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Kotak Mahindra Bank Ltd
with a target price of Rs 1260
The current market price of Kotak Mahindra Bank Ltd
Time period given by analyst is Intra Day when Kotak Mahindra Bank Ltd
price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 1225
Kotak Mahindra Bank Ltd., incorporated in 1985, has a market cap of Rs 236048.35 crore
key Products/Revenue Segments include Interest Discount on Advances Bills which contributed Rs 14727.95 Crore to Sales Value (74.57 % of
Total Sales), Income From Investment which contributed Rs 3933.00 Crore to Sales Value (19.91 % of Total Sales), Interest On Balances with
RBI and Other Inter-Bank Funds which contributed Rs 755.29 Crore to Sales Value (3.82 % of Total Sales) and Interest which contributed Rs
332.25 Crore to Sales Value (1.68 % of Total Sales)for year ending 31-Mar-2018
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 4302.17 Crore (.00 % of total assets) and Net Non Performing Assets
(Net NPAs) of Rs 1617.66 Crore (.00% of total assets)
For quarter ended 30-09-2018, company has reported a Consolidated Interest Income of Rs 5435.56 Crore, up 6.31 % from last quarter Interest
Income of Rs 5113.13 Crore and up 22.11 % from last year same quarter Interest Income of Rs 4451.44 Crore
The bank has reported net profit after tax of Rs 1714.12 Crore in latest quarter.
