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Kotak shares climb 4% after strong Q2 results
Original: hdfc icici axis kotak q2 results
India's major private banks, including HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank, are reporting their July-September quarter results, drawing close attention from investors. Kotak Mahindra Bank shares climbed 4% after its Q2 earnings, with brokerages Jefferies and Goldman Sachs weighing in positively on the outlook. Analysts are parsing the numbers for clues on asset quality and loan growth.
Why now: It is quarterly earnings season for India's biggest private banks, and Kotak's post-results share jump plus broker commentary is driving investor interest.
Kotak Mahindra BankHDFC BankICICI BankAxis BankJefferies
Evidence
- Kotak Mahindra Bank shares climb 4% after Q2 results. What are Jefferies, Goldman Sachs saying? · The Economic Times
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