SMBC’s 2.5 crore shares worth Rs. Many buyers were sold at a price of 1,940.8, including local and foreign funds, asset management companies and sovereign funds. Buyers include 360 ​​an asset management, Abu Dhabi Investment Authority, BlackRock Global Funds, BNP Paribas Financial Markets, Bofa Securities, Morgan Stanley Asia (Singapore) PTE – OneDe, Nomura Funds, and Society. In the domestic MF, some leading names include Aditya Birla Sun Life MF, Axis Mutual Fund, HDFC MF and Mira Asset.
Shares of Kotak Mahindra Bank ended at Rs 1,972.90 on the NSE today, with Rs. 12.50 or 0.64%.
Shares of Kotak Mahindra have so far rallied in 2025, while 1-year returns are also around 10%.
Stock is currently under its 50-day and 200-day easy moving average (SMA) 2,051.2 and Rs. Is below 1,998.6.
Kotak Mahindra Bank recorded a 7%-year-annual reduction in its single net profit in the June quarter, which was Rs. Compared to 3,520 crores. Net interest income (NII) for Q1FY26 increased to Rs. 7,259 crore, which is 6% Yoy from Rs 6,842 crore in Q1FY25. The fall was excluding the benefit of KGI divest, the company filing said. On June 18, 2024, ZKGI stopped becoming a whole -owned subsidiary and became a bank partner.
However, after adjusting the one -time gain from the sale of its normal insurance business, net profit numbers came. With this benefit, uncontrolled net profit was significantly higher at Rs 6,250 crore in the year ago.
Also read: Oracle stock turns multibagger of 2025 after a 41% rise; Chairman Larry Alison beat Alon Musk to be the richest man in the world
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