Emkay Lowers Kotak Mahindra Bank Target to Rs 2,050 – Here’s Why

Kotak Mahindra Bank (KMB) reported a solid Q2FY26 performance with industry-beating credit growth, though profitability was marred by margin compression and mark-to-market (MTM) losses. Emkay Research, while raising the target price slightly by 5% to ₹2,050 (from ₹1,950), retaine

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