Kotak Mahindra Bank Share Price Target 2022, 2023, 2024, 2025, And 2030: Hi, everyone hopes you all are fine there and doing great in your professional and personal life. So, today we are going to give you more insights into India’s third-largest private sector according to their assets available in the market.
Here, we try to predict the share price target for Kotak Mahindra Bank for upcoming years with the help of technical analysis, past year quarterly report, and last five-year annual report which help you to analyze how the share prices of this company are going to perform in future years.
Kotak Mahindra Bank Share Price Target For 2022, 2023, 2024, 2025, And 2030
Kotak Mahindra Bank Ltd. is an Indian multinational company that deals in the sector of banking and financial services. Its headquartered in Mumbai, India. Presently, Kotak Mahindra Bank has over 1600 branches and 2519 ATMs in the whole of India.
Technical Analysis Of Kotak Mahindra Bank
We draw this analysis chart which is based on Elliott wave channel pattern, Fibonacci Retracement, support, and Resistance, etc. which helps us to read how the share prices of Shree Cement performed in past years and how they will going to perform in upcoming years.
In this chart, we can see a breakout of an Elliott wave triangular pattern after having good retracement. Here, we can also see good Fibonacci support. In simple language, we can say that the share prices of this company have shown an uptrend move for a while now and we can say its short-term trend is also positive and in an uptrend. As our technical chart indicate its long term trend is also positive and in an uptrend for upcoming years.
Share Price Target Of Kotak Mahindra Bank
We are trying to predict the possible target for the shares of KOTAK MAHINDRA BANK in future years to come. Our prediction is based on the Fibonacci retracement, support, and resistance. So, here we go with the possible targets for the upcoming years.
| Year | Target Of Kotak Mahindra Bank |
|---|---|
| 2022(Target-1) | Rs.1877 |
| (Target-2) | Rs.2069 |
| 2023(Target-1) | Rs.7274 |
| (Target-2) | Rs.8507 |
| 2024(Target-1) | Rs.2244 |
| (Target-2) | Rs.2520 |
| 2025(Target-1) | Rs.2740 |
| (Target-2) | Rs.2993 |
| 2030(Target-1) | Rs.4604 |
| (Target-2) | Rs.6832 |
Kotak Mahindra Bank Share Price Target For 2022
As the chart indicates Kotak Mahindra Bank will surely move in an uptrend for future years so, we predict the first possible target for the year 2022 is around Rs.1877 after attaining these prices of shares they show some downtrend but because of their great user-friendly banking option available to people they will again able to go in an uptrend so, we predict second possible target for this share is about Rs.2069.
Kotak Mahindra Bank Share Price Target For 2023
When we go through the chart and predict the share price target for the financial year 2023 we can predict the first possible target which the share of this company can pass is around Rs.2244 and after attaining these values Share price of Kotak Mahindra Bank will show some downward trend for a while and second possible target of this share we can predict is around Rs.2520.
Kotak Mahindra Bank Share Price Target For 2024
We can predict the first possible target share price of Kotak Mahindra Bank for the financial year 2024 is around Rs.2740 and after attaining that value they also show a similar trend as they show in the year 2023 show some downward trend again for a while as it is a true characteristic of a share and after recovering from this downfall we can predict the second target for the same year is about Rs.2993.
Kotak Mahindra Bank Share Price Target For 2025
When we go through the chart and predict the target share price for the financial year 2025, we can set the first target for this share is around Rs.3253 and after attaining that value. The share price of Kotak Mahindra Bank will show some downward trend too for a while and the second target of this share we can predict is around Rs.3585.
Kotak Mahindra Bank Share Price Target For 2030
At the end of this decade, Kotak Mahindra Bank can become one of the best private banks in the private sector which also reflect in the possible share prices of this company. So we predict the first possible target which they can pass is around Rs.4604 and the second possible target which they can surpass at the end of this decade is around Rs.6832.
Quarterly Report Analysis For Kotak Mahindra Bank
As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you find any mismatch of data from the official site of Kotak Mahindra Bank we are not going to be responsible for it.
As the company’s quarterly report is given below the June quarter of the financial year 2020, the company earned interest of Rs.6911.86cr in which they made a profit of about Rs.1244.45cr.after paying taxes. In the September quarter of the financial year 2020, Company earned an interest of Rs.6836.05cr. by which they made a profit of around Rs.2184.48cr.after paying all the essential taxes as govt. norms.
In the December quarter of 2020, the company earned interest of Rs.6790.54cr. by which they made a profit of about 1853.54cr.after paying all the taxes. In the March quarter of 2021, Company earned an interest of Rs.6448.86cr. by which they made a profit of about Rs.1682.37cr. after paying all the taxes. In the June quarter of the financial year 2021, Company earned interest of Rs.6479.78cr. by which they made a profit of about 1641.92cr. after paying all the taxes according to government norms present for that sector.
Annual Report Analysis For Kotak Mahindra Bank
As the data are given at ticker.finology.in we are here to tell you about the company last year performances that how they perform in the last few years if you find any mismatch of data from the official site of Kotak Mahindra Bank. We are not going to be responsible for it.
The company earned interest of Rs.17698.93cr.in 2017 till the month of March by which the company makes a profit of about Rs.3411.50cr.In the following year which is 2018, till the month of march the company earned interest of Rs.19748.50cr.by which the company makes a profit of about Rs.4084.30cr. after paying all the taxes according to govt. norms.
In the year 2019, till the Month of March Company earned an interest of Rs.23890.05cr.by which the company made a profit of about Rs.4865.33cr. In the following year, 2020 till the month of March Company earned an interest of Rs.26929.61cr.by which the company made a profit of about Rs.5947.18cr.In the year 2021, till the month of March Company earned an interest of Rs.26840.27cr by which make a profit of around Rs.6964.84cr. after giving all the taxes.
Conclusion
In this artical, We have done a detailed analysis of the Kotak Mahindra Bank. We were tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this artical, I am going to tell some strengths that will become key factors for Kotak Mahindra Bank to emerge as the best bank in the private sector.
1. User-friendly services
2. Diverse business model
3. Comprehensive cash management system
4. Keep up to date themselves
2. Diverse business model
3. Comprehensive cash management system
4. Keep up to date themselves
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