{
  "id": 16562609,
  "title": "Kotak Mahindra Bank shares climb 4% after the Q2 results",
  "url": "https://urgent.news/2026/10/26/kotak-mahindra-bank-shares-climb-4-after-the-q2-results",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T04:06:22.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/kotak-mahindra-bank-shares-climb-4-after-q2-results-what-are-jefferies-goldman-sachs-saying/articleshow/135202411.cms"
  },
  "original_language": "en",
  "account": "Kotak Mahindra Bank's shares rose 4% to Rs 446 on the BSE after the company announced a 26% year-on-year increase in consolidated profit after tax (PAT) for Q2FY27. The private lender's PAT rose 29% YoY to Rs 4,212 crore, while net interest income (NII) climbed 16% YoY to Rs 8,459 crore. Jefferies maintains a Buy rating on the stock with a target price of Rs 520, while Goldman Sachs has a Buy rating with a target price of Rs 540. Motilal Oswal also holds a Buy rating with a target price of Rs 500. The bank expects growth to normalize towards a 16% CAGR over FY27-29, with some margin expansion and operating synergies offsetting lower bancassurance fees.",
  "summary": "Kotak Mahindra Bank reported strong Q2FY27 earnings, with consolidated profit rising 26% year-on-year. Jefferies, Goldman Sachs, Motilal Oswal and Nuvama maintained Buy ratings, citing growth prospects and improving earnings outlook.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "Q2 Results Today Live: Paytm, Tata Consumer, Mankind Pharma, REC, IOB, Ather Energy, Aegis Logistics, Supreme Ind, ITC Hotels, Sumitomo Chemical Q2 results today, Kotak Mahindra shares gain, Shriram Finance, Infosys & IDFC First Bank in red after Q2 results",
        "url": "https://urgent.news/2026/10/26/q2-results-today-live-paytm-tata-consumer-mankind-pharma-rec-iob",
        "published": "2026-10-26T03:57:10.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Q2 results: Paytm, REC, Tata Consumer Products among 98 firms on October 26",
        "url": "https://urgent.news/2026/10/26/q2-results-paytm-rec-tata-consumer-products-among-98-firms-on-october",
        "published": "2026-10-26T04:48:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}