Page 15 of Prashant Kishor

Kotak Mahindra Bank’s Q2 earnings meet expectations, but margin pressure remains a concern. Key brokerages are optimistic about the stock, with a potential upside of 21%. Motilal Oswal and Jefferies raise target price, citing rebound in slippages, expected loan and margin growth, and strong lending environment. Jefferies maintains positive outlook despite slight decrease in earnings.