Prabhudas Lilladher has retained its BUY call on Kotak Mahindra Bank and raised its target price to Rs 500 from Rs 480, implying about 20% upside from the current market price of Rs 417.

Prabhudas Lilladher has retained a BUY rating on Kotak Mahindra Bank and nudged its target price up to Rs 500 from Rs 480, against a current price of Rs 417 — implying roughly 20 percent of upside.

Deven Choksey Research has reiterated a BUY call on Kotak Mahindra Bank Ltd., setting a target price of Rs 434 against the current market price of Rs 370, implying an upside of about 17%.

Kotak Mahindra Bank has agreed to absorb Deutsche Bank's retail banking, private banking and wealth management operations in India, a deal spanning roughly 150,000 customers,

Axis Securities (Axis Direct) has reiterated a BUY rating on Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank appears to be entering a new phase of growth after completing several strategic initiatives over the past two-and-a-half years, according to Axis Securities.