{"id":326654,"date":"2026-10-26T12:33:44","date_gmt":"2026-10-26T07:03:44","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=326654"},"modified":"2026-10-26T12:33:44","modified_gmt":"2026-10-26T07:03:44","slug":"kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/","title":{"rendered":"Kotak Mahindra Bank Shares Rise 2% as Top Nifty Gainer: Is It the Right Time to Book Profits or Wait? Target and Stop Loss"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Kotak Mahindra Bank shares opened at Rs 440.90 on NSE on Monday, 26 Oct 2026, against Friday&#8217;s close of Rs 430.50, and touched an intraday high of Rs 446.30, a gain of 3.7% at the peak. The stock traded near Rs 439.20 around 12:27 PM, up 2.02%, in the first session after Q2 FY27 results announced on Saturday. Consolidated net profit rose 26% to Rs 5,645 crore, while the net interest margin fell to 4.31%.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Kotak Mahindra Bank shares are up about 2% because Q2 FY27 profit rose 26% on consolidated basis to Rs 5,645 crore, gross NPA fell to 1.04% and credit cost dropped to 0.35%. Axis Securities has a Buy with a target of Rs 550, about 25.2% above Rs 439.20 (my calculation), but the net interest margin fell 22 basis points to 4.31% and the CASA ratio fell to 38.2%. Whether to book profits or wait depends on your entry price and horizon, since the stock is only 3.1% below its 52-week high of Rs 453.10 and the SuperTrend support is near Rs 419. This is educational and not a recommendation to buy, sell or hold.<\/p>\n<\/p><\/div>\n<p>The Kotak Mahindra Bank share price has already rallied about 27% from its 52-week low of Rs 345.50, which leaves many holders with a gain, and they ask whether to book it. The result gave a reason to hold, and the margin gave a reason for caution, which is why the stock moved only about 2% on a result that was strong on profit.<\/p>\n<p>This article covers the day&#8217;s move in the Kotak Mahindra Bank share, the Kotak Mahindra Bank Q2 results, the margin and deposit questions, the brokerage target I could verify, valuation, technical levels and stop loss reference points. It is educational and not advice.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Kotak_Mahindra_Bank_Share_Price_Today_The_Move_in_Numbers\" title=\"Kotak Mahindra Bank Share Price Today: The Move in Numbers\">Kotak Mahindra Bank Share Price Today: The Move in Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Q2_FY27_Results_Behind_the_Kotak_Mahindra_Bank_Share_Move\" title=\"Q2 FY27 Results Behind the Kotak Mahindra Bank Share Move\">Q2 FY27 Results Behind the Kotak Mahindra Bank Share Move<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Asset_Quality_Loans_and_Deposits_at_Kotak_Mahindra_Bank\" title=\"Asset Quality, Loans and Deposits at Kotak Mahindra Bank\">Asset Quality, Loans and Deposits at Kotak Mahindra Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#The_Margin_Question_for_the_Kotak_Mahindra_Bank_Share\" title=\"The Margin Question for the Kotak Mahindra Bank Share\">The Margin Question for the Kotak Mahindra Bank Share<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Kotak_Mahindra_Bank_Share_Price_Target_After_Q2\" title=\"Kotak Mahindra Bank Share Price Target After Q2\">Kotak Mahindra Bank Share Price Target After Q2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Valuation_and_Shareholding_of_Kotak_Mahindra_Bank\" title=\"Valuation and Shareholding of Kotak Mahindra Bank\">Valuation and Shareholding of Kotak Mahindra Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Technical_Levels_and_Stop_Loss_Reference_Points_for_the_Kotak_Mahindra_Bank_Share\" title=\"Technical Levels and Stop Loss Reference Points for the Kotak Mahindra Bank Share\">Technical Levels and Stop Loss Reference Points for the Kotak Mahindra Bank Share<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Book_Profits_or_Wait_A_Framework_for_Kotak_Mahindra_Bank_Share_Holders\" title=\"Book Profits or Wait: A Framework for Kotak Mahindra Bank Share Holders\">Book Profits or Wait: A Framework for Kotak Mahindra Bank Share Holders<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Risks_to_Check_Before_You_Decide\" title=\"Risks to Check Before You Decide\">Risks to Check Before You Decide<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Why_did_Kotak_Mahindra_Bank_shares_rise_after_the_Q2_results\" title=\"Why did Kotak Mahindra Bank shares rise after the Q2 results?\">Why did Kotak Mahindra Bank shares rise after the Q2 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#What_is_the_Kotak_Mahindra_Bank_share_price_target\" title=\"What is the Kotak Mahindra Bank share price target?\">What is the Kotak Mahindra Bank share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Should_I_book_profits_or_wait_on_the_Kotak_Mahindra_Bank_share\" title=\"Should I book profits or wait on the Kotak Mahindra Bank share?\">Should I book profits or wait on the Kotak Mahindra Bank share?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#What_is_the_stop_loss_for_Kotak_Mahindra_Bank_shares\" title=\"What is the stop loss for Kotak Mahindra Bank shares?\">What is the stop loss for Kotak Mahindra Bank shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Why_did_the_net_interest_margin_behind_the_Kotak_Mahindra_Bank_share_fall\" title=\"Why did the net interest margin behind the Kotak Mahindra Bank share fall?\">Why did the net interest margin behind the Kotak Mahindra Bank share fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#How_is_the_asset_quality_behind_the_Kotak_Mahindra_Bank_share\" title=\"How is the asset quality behind the Kotak Mahindra Bank share?\">How is the asset quality behind the Kotak Mahindra Bank share?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Is_this_Kotak_Mahindra_Bank_share_article_investment_advice\" title=\"Is this Kotak Mahindra Bank share article investment advice?\">Is this Kotak Mahindra Bank share article investment advice?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/kotak-mahindra-bank-shares-rise-2-percent-as-top-nifty-gainer-is-it-right-time-to-book-profits-or-wait-target-stop-loss\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Kotak_Mahindra_Bank_Share_Price_Today_The_Move_in_Numbers\"><\/span><strong>Kotak Mahindra Bank Share Price Today: The Move in Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank share: measure (NSE, about 12:27 PM)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Last price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 439.20, up 2.02%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Previous close (23 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 430.50<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Open<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 440.90, about 2.4% above the previous close (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day high and low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 446.30 and Rs 437.60<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day high versus previous close<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 3.7% (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Volume<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 19.4 million shares<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week high and low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 453.10 and Rs 345.50<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Distance from 52-week high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 3.1% below (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Distance from 52-week low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 27.1% above (my calculation)<\/td>\n<\/tr>\n<\/table>\n<p>The headline calls the Kotak Mahindra Bank share the top Nifty gainer, but I could not verify its rank at 12:27 PM, so this article uses the price data only. The Kotak Mahindra Bank share opened with a gap up, touched Rs 446.30 and gave back about 1.6% from the high by midday (my calculation), so the early buyers are slightly behind.<\/p>\n<p>Before the result, the Kotak Mahindra Bank share had closed lower on three of the previous four sessions, from Rs 447.40 on 16 Oct, the day it touched its 52-week high of Rs 453.10, to Rs 430.50 on 23 Oct, a fall of about 3.8% (my calculation). Monday&#8217;s gain therefore recovers about half of that slide.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track bank stocks and Nifty gainers on the Univest screeners page<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Q2_FY27_Results_Behind_the_Kotak_Mahindra_Bank_Share_Move\"><\/span><strong>Q2 FY27 Results Behind the Kotak Mahindra Bank Share Move<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank Q2 FY27 item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comparison<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Consolidated net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 5,645 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 26% from Rs 4,468 crore; up 3% from Rs 5,480 crore in Q1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Standalone net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 4,212 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 29% from Rs 3,253 crore; up 2% on Q1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net interest income (NII)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 8,459 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 16% from Rs 7,311 crore; up 7% on Q1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Pre-provision operating profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 6,382 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up about 21% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fee and services income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,926 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 21%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Operating expenses<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 5,271 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 14%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Provisions<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 803 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 15% from Rs 947 crore; up from Rs 668 crore in Q1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net interest margin (NIM)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">4.31%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">4.54% a year ago; 4.53% in Q1<\/td>\n<\/tr>\n<\/table>\n<p>Profit growth in the Kotak Mahindra Bank Q2 results came from three places: NII up 16%, fee income up 21% and provisions down 15%. Operating expenses grew only 14%, so the cost-to-income ratio improved to 45.2% from 46.8%, according to one report.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Asset_Quality_Loans_and_Deposits_at_Kotak_Mahindra_Bank\"><\/span><strong>Asset Quality, Loans and Deposits at Kotak Mahindra Bank<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank share: balance sheet item (30 Sep 2026)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comparison<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross NPA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.04%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.18% in Q1; 1.39% a year ago<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net NPA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.24%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.27% in Q1; 0.32% a year ago<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Slippages<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 1,230 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 24% from Rs 1,629 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Provision coverage ratio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">78%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">77% a year ago<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net advances<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 5.77 lakh crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 25%; up 19% excluding FCNR(B)-backed loans and an acquired portfolio<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total deposits<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 6.51 lakh crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 23%; up 13% excluding FCNR(B) deposits<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">CASA ratio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">38.2%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">42.3% a year ago; 41.8% excluding FCNR(B) deposits<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Credit to deposit ratio<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">88.6%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">87.5% a year ago<\/td>\n<\/tr>\n<\/table>\n<p>Asset quality is the cleanest part of the Kotak Mahindra Bank Q2 results. Gross NPA fell from 1.39% to 1.04% in a year and slippages dropped 24%. The loan book grew 25%, though adjusting for FCNR(B)-backed loans and the portfolio bought from Kotak Mahindra Investments, growth was about 19%.<\/p>\n<p>The cost of that growth shows in the margin. Kotak raised about Rs 55,344 crore through foreign currency non-resident deposits, called FCNR(B), and lent about Rs 16,110 crore of it through its international branches. These are term deposits, which is why the CASA ratio fell to 38.2%, and why NIM fell 22 basis points in a quarter.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Margin_Question_for_the_Kotak_Mahindra_Bank_Share\"><\/span><strong>The Margin Question for the Kotak Mahindra Bank Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank share: management commentary (as reported)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">FCNR(B) deployment<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 25,000 to Rs 30,000 crore of proceeds remain to be deployed over the next few quarters<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Q3 NIM<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Expected to reflect the full impact of the FCNR(B) mobilisation, partly offset by deployment into loans<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Repo rate transmission<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Expected to begin in October, with the full effect likely in Q4 FY27<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Axis Securities view<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Management expects NIM recovery by Q4 FY27<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Loan growth target<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.5 to 2 times nominal GDP<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Expected credit loss (ECL) rules<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Recurring impact of 12 to 15 basis points; one-time hit under 2% of net worth; transition from FY28<\/td>\n<\/tr>\n<\/table>\n<p>The margin is the main reason the Kotak Mahindra Bank share rose only about 2%. Management itself says Q3 NIM will carry the full weight of the FCNR(B) deposits, so a further dip in margin is possible before a recovery. Investors who book profits are betting on that dip, and those who wait are betting on the Q4 recovery that management describes.<\/p>\n<p>Leadership is a second point for the Kotak Mahindra Bank share. According to the Axis Securities note, Anup Saha has been appointed MD and CEO effective January 2027, which the note counts as a source of stability. I found this in one source only, so please check the bank&#8217;s filing.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Kotak Mahindra Bank and set price alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Kotak_Mahindra_Bank_Share_Price_Target_After_Q2\"><\/span><strong>Kotak Mahindra Bank Share Price Target After Q2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank share: brokerage view<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Rating<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Target<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Versus Rs 439.20 (my calculation)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Axis Securities (26 Oct 2026)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 550<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 25.2%<\/td>\n<\/tr>\n<\/table>\n<p>Axis Securities, in a note dated 26 Oct 2026, gives a Buy with a target of Rs 550, citing 25% loan growth, better asset quality and leadership stability, and forecasts a return on assets of 2.1% to 2.2% and a return on equity of 12% to 14% for FY27 to FY29. The note does not state the valuation multiple behind the target. I could not retrieve other brokerages&#8217; post-result targets, so the table shows one view and not a consensus.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Shareholding_of_Kotak_Mahindra_Bank\"><\/span><strong>Valuation and Shareholding of Kotak Mahindra Bank<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank share: valuation (data provider)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 4,27,858 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to earnings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">21.08 against an industry level of 11.47<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.36<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Earnings per share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 20.40<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Book value per share<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 182.06<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">11.06% (11.65% for Q2, annualised and standalone, in the results)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.15%<\/td>\n<\/tr>\n<\/table>\n<p>At 21.08 times earnings, the Kotak Mahindra Bank share trades at a premium to the industry level of 11.47, which is weighted by public sector banks, and at 2.36 times book value. The premium on the Kotak Mahindra Bank share reflects the bank&#8217;s capital position and asset quality, and it also means the stock has less room for a margin miss.<\/p>\n<p>Shareholding at the end of September 2026 was 25.87% with promoters, 24.65% with foreign institutions, 38.54% with domestic institutions and 10.94% with the public. Foreign holding fell from 26.40% in March 2026 and domestic holding rose from 36.18%, so domestic funds have been the buyers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technical_Levels_and_Stop_Loss_Reference_Points_for_the_Kotak_Mahindra_Bank_Share\"><\/span><strong>Technical Levels and Stop Loss Reference Points for the Kotak Mahindra Bank Share<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank share: indicator (daily)<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reading<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">14-day RSI<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 64.7, firm but below overbought<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">50-day average<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 420.68, 4.2% below the price (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">200-day average<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 400.20, 8.9% below the price (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SuperTrend<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Uptrend; support Rs 418.99, upper band Rs 460.55<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bollinger bands<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Upper Rs 460.05, middle Rs 430.67, lower Rs 401.29<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">MACD<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">6.64 against a signal of 7.36, slightly below, so momentum is easing<\/td>\n<\/tr>\n<\/table>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Kotak Mahindra Bank share: level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Rs<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What it marks<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Resistance 2<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">453.10<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week high (16 Oct 2026)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Resistance 1<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">446.30<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Today&#8217;s intraday high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Support 1<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">437.60<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Today&#8217;s low<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Support 2<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">430.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Friday&#8217;s close, also near the Bollinger middle band<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Support 3<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">418.99<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">SuperTrend support, near the 50-day average<\/td>\n<\/tr>\n<\/table>\n<p>The trend of the Kotak Mahindra Bank share is up, because the price sits above the 50-day and 200-day averages and above the SuperTrend line. Momentum is mixed, with the MACD slightly under its signal line. A close below Rs 430.50 would cancel the day&#8217;s gain and works as a tight Kotak Mahindra Bank stop loss, and a close below Rs 418.99 would break the SuperTrend support, which many traders use as a stop loss reference point for the Kotak Mahindra Bank share. These are indicator readings and not a stop loss recommendation, because the right level depends on your entry price and risk limit.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Book_Profits_or_Wait_A_Framework_for_Kotak_Mahindra_Bank_Share_Holders\"><\/span><strong>Book Profits or Wait: A Framework for Kotak Mahindra Bank Share Holders<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Investor type<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Things to weigh<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What to check<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Holder with a large gain<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The Kotak Mahindra Bank share is 27% above its low and 3% below its high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Whether partial profit booking fits your plan; none of these rows is a recommendation<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Long-term holder<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Asset quality, 25% loan growth and expected NIM recovery by Q4<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Whether Q3 NIM stabilises<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">New buyer<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A price to earnings of 21.08 and a margin that may fall again in Q3<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Entry near support instead of near the high<\/td>\n<\/tr>\n<\/table>\n<p>Partial profit booking locks in some gain on the Kotak Mahindra Bank share while keeping exposure, and waiting keeps the full exposure to the margin recovery. A Kotak Mahindra Bank stop loss near the reference levels above can limit the downside, whichever path you pick.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Check_Before_You_Decide\"><\/span><strong>Risks to Check Before You Decide<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Margin risk.<\/strong> For the Kotak Mahindra Bank share, management expects Q3 NIM to carry the full FCNR(B) impact, so the margin may fall again before it recovers.<\/li>\n<li><strong>Deposit mix.<\/strong> CASA fell to 38.2% from 42.3%, and CASA is the lowest-cost source of funds for a bank.<\/li>\n<li><strong>Provisions.<\/strong> Provisions rose about 20% from Q1 (my calculation), and the move to expected credit loss rules from FY28 is flagged as a risk to credit costs.<\/li>\n<li><strong>Valuation.<\/strong> A price to earnings of 21.08 leaves less room for error than the industry level of 11.47.<\/li>\n<li><strong>Market.<\/strong> The Kotak Mahindra Bank share can swing with the index, because the Fed meets on 27 and 28 Oct and Brent crude is near $115.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Kotak Mahindra Bank share rose about 2% on a 26% rise in consolidated profit and better asset quality, but the margin fell to 4.31% and management expects pressure in Q3. Axis Securities has a Buy with a target of Rs 550, the stock is near its 52-week high, and levels near Rs 430.50 and Rs 418.99 are the ones to watch. Check the facts and decide according to your own risk profile.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Kotak_Mahindra_Bank_shares_rise_after_the_Q2_results\"><\/span><strong>Why did Kotak Mahindra Bank shares rise after the Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock rose as much as 3.7% to Rs 446.30 after Q2 FY27 results announced on Saturday showed consolidated net profit up 26% to Rs 5,645 crore, gross NPA down to 1.04% and credit cost down to 0.35%. By about 12:27 PM it traded near Rs 439.20, up 2.02%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Kotak_Mahindra_Bank_share_price_target\"><\/span><strong>What is the Kotak Mahindra Bank share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Axis Securities has a Buy with a target of Rs 550 in a note dated 26 Oct 2026, about 25.2% above Rs 439.20. I could not retrieve other brokerages&#8217; post-result targets, so please compare several reports before relying on one.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_book_profits_or_wait_on_the_Kotak_Mahindra_Bank_share\"><\/span><strong>Should I book profits or wait on the Kotak Mahindra Bank share?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> That depends on your entry price, horizon and risk limit. The positives are asset quality and loan growth, and the cautions are the lower margin, the CASA decline and a price to earnings of 21.08. This article does not give a recommendation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_stop_loss_for_Kotak_Mahindra_Bank_shares\"><\/span><strong>What is the stop loss for Kotak Mahindra Bank shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single Kotak Mahindra Bank stop loss. The reference levels from indicators are Rs 430.50 (Friday&#8217;s close) and Rs 418.99 (SuperTrend support), and the right level depends on your entry price and risk limit. These readings are not a recommendation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_net_interest_margin_behind_the_Kotak_Mahindra_Bank_share_fall\"><\/span><strong>Why did the net interest margin behind the Kotak Mahindra Bank share fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NIM fell to 4.31% from 4.53% in Q1 and 4.54% a year ago because the bank raised about Rs 55,344 crore of FCNR(B) term deposits that carry a higher cost and have not yet been fully lent. Management expects part of the effect to continue in Q3 and a recovery by Q4.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_asset_quality_behind_the_Kotak_Mahindra_Bank_share\"><\/span><strong>How is the asset quality behind the Kotak Mahindra Bank share?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Gross NPA was 1.04% and net NPA was 0.24% at 30 Sep 2026, against 1.39% and 0.32% a year ago. Slippages fell 24% to Rs 1,230 crore and the provision coverage ratio was 78%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_Kotak_Mahindra_Bank_share_article_investment_advice\"><\/span><strong>Is this Kotak Mahindra Bank share article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational. Prices, ratios, results and targets come from company filings, news reports and data providers and may change. Please check the facts and your own risk profile before you invest.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did Kotak Mahindra Bank shares rise after the Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock rose as much as 3.7% to Rs 446.30 after Q2 FY27 results announced on Saturday showed consolidated net profit up 26% to Rs 5,645 crore, gross NPA down to 1.04% and credit cost down to 0.35%. By about 12:27 PM it traded near Rs 439.20, up 2.02%.\"}},{\"@type\":\"Question\",\"name\":\"What is the Kotak Mahindra Bank share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Axis Securities has a Buy with a target of Rs 550 in a note dated 26 Oct 2026, about 25.2% above Rs 439.20. I could not retrieve other brokerages' post-result targets, so please compare several reports before relying on one.\"}},{\"@type\":\"Question\",\"name\":\"Should I book profits or wait on the Kotak Mahindra Bank share?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"That depends on your entry price, horizon and risk limit. The positives are asset quality and loan growth, and the cautions are the lower margin, the CASA decline and a price to earnings of 21.08. This article does not give a recommendation.\"}},{\"@type\":\"Question\",\"name\":\"What is the stop loss for Kotak Mahindra Bank shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single Kotak Mahindra Bank stop loss. The reference levels from indicators are Rs 430.50 (Friday's close) and Rs 418.99 (SuperTrend support), and the right level depends on your entry price and risk limit. These readings are not a recommendation.\"}},{\"@type\":\"Question\",\"name\":\"Why did the net interest margin behind the Kotak Mahindra Bank share fall?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"NIM fell to 4.31% from 4.53% in Q1 and 4.54% a year ago because the bank raised about Rs 55,344 crore of FCNR(B) term deposits that carry a higher cost and have not yet been fully lent. Management expects part of the effect to continue in Q3 and a recovery by Q4.\"}},{\"@type\":\"Question\",\"name\":\"How is the asset quality behind the Kotak Mahindra Bank share?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Gross NPA was 1.04% and net NPA was 0.24% at 30 Sep 2026, against 1.39% and 0.32% a year ago. Slippages fell 24% to Rs 1,230 crore and the provision coverage ratio was 78%.\"}},{\"@type\":\"Question\",\"name\":\"Is this Kotak Mahindra Bank share article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational. Prices, ratios, results and targets come from company filings, news reports and data providers and may change. Please check the facts and your own risk profile before you invest.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kotak Mahindra Bank shares rose 2% after Q2 profit grew 26%. 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