Shares of SBI, Kotak Bank fall after results

  • Posted on May 5, 2025
  • By Financial Express
  • 5 Views
Shares of SBI, Kotak Bank fall after results

SBI and Kotak Mahindra Bank’s shares fell after reporting weaker-than-expected earnings for the March quarter, with SBI’s shares ending 1% lower and Kotak Bank’s scrip closing down 4.5%. Despite this, most brokerages are optimistic about SBI’s long-term outlook and have retained their ratings and price targets.
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