Kotak Mahindra Bank stock drops 7%, Q2 earnings disappoint, analysts slash target price
Kotak Mahindra Bank’s share price witnessed a significant drop of 7.2%, settling at ₹1,735 during intraday trading on October 21. The decline came after the bank reported disappointing Q2FY25 earnings, which failed to meet market expectations. This led to many analysts slashing their target prices for the stock, citing issues such as rising credit costs,…