Kotak Mahindra Bank Experiences Revision in Its Score Amid Market Fluctuations in Q3 FY2023
Kotak Mahindra Bank is in the spotlight as analysts revise their evaluations amid a broader decline in large-cap stocks. The BSE 100 index fell by 0.79% today, marking a 1.61% drop over the past week, despite AU Small Finance's notable gain of 2.99%. The advance-decline ratio in the large-cap segment reflects a tough market, with only 26 stocks advancing against 74 declining. Upcoming earnings reports from major companies like NTPC and ICICI Bank may further impact market dynamics, making Kotak Mahindra Bank a key stock to monitor.
In the latest market developments, Kotak Mahindra Bank has garnered attention as analysts have made notable adjustments in its evaluation. The stock has been a focal point amid a broader trend affecting large-cap stocks, which have recently experienced fluctuations. The BSE 100 index has shown a decline of 0.79% today, reflecting a more significant drop of 1.61% over the past five days. This downturn comes despite the large-cap segment's overall performance, with AU Small Finance standing out as a top performer, achieving a return of 2.99%. Conversely, Dr. Reddy's Laboratories has faced challenges, recording a return of -5.27%.
The advance-decline ratio within this large-cap segment indicates a challenging environment, with 26 stocks advancing against 74 declining, resulting in a ratio of 0.35x. As investors look ahead, several key companies, including NTPC, ICICI Bank, Yes Bank, Tata Steel, and Federal Bank, are set to announce their results in the coming days, which could further influence market sentiment.
As the market navigates these changes, Kotak Mahindra Bank remains a stock to watch closely.
Mojo Stocks - The Top 1% Picks across Markets
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}}
{{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}}
{{col.extra}}
Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
![]( "Upgrade & View All Insights")
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read