Are you planning to start investing in Kotak Mahindra Bank Ltd? That’s why you need my predicted targets of KOTAKBANK Ltd for the upcoming years 2022, 2023, 2024, 2025, and 2030 with my detailed analysis.
After reading this blog post you will get all your answers about Kotak Mahindra Bank Ltd’s target price for the oncoming year. Let’s start.
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.
Kotak Mahindra Bank Ltd Quarterly Report Analysis
In the June quarter of the financial year 2021, the company earned interest of Rs.6,479.78 Cr. in which they made a profit of about Rs.1,641.92 Cr. after paying taxes. In the September quarter of the financial year 2021, Company earned an interest of Rs.6,596.28 Cr. by which they made a profit of around Rs.2,032.01 Cr. after paying all the essential taxes as govt. norms.
In the December quarter of 2021, the company earned interest of Rs.6,896.82 Cr. by which they made a profit of about Rs.2,131.36 Cr. after paying all the taxes. In the March quarter of 2022, Company earned an interest of Rs.7,065.94 Cr. by which they made a profit of about Rs.2,767.40 Cr. after paying all the taxes. In the June quarter of the financial year 2022, Company earned an interest of Rs.7,338.49 Cr. by which they made a profit of about Rs.2,071.15 Cr. after paying all the taxes according to the government norms present for that sector.
Kotak Mahindra Bank Ltd Annual Report Analysis
The company earned interest of Rs.17,698.93 Cr. in 2017 till the month of March by which the company makes a profit of about Rs.3,411.50 Cr. In the following year which is 2018, till the month of march the company earned interest of Rs.19,748.50 Cr. by which the company makes a profit of about Rs.4,084.30 Cr. after paying all the taxes according to govt. norms.
In the year 2019, till the Month of March Company earned an interest of Rs.23,890.05 Cr. by which the company made a profit of about Rs.4,865.33 Cr. In the following year, 2020 till the month of March Company earned an interest of Rs.26,929.61 Cr. by which the company made a profit of about Rs.5,947.18 Cr. In the year 2021, till the month of March Company earned an interest of Rs.26,840.27 Cr. by which make a profit of around Rs.6,964.84 Cr. after giving all the taxes. In the next year 2022, Kotak Bank earned an interest of Rs.27,038.82 Cr. and makes a profit of Rs.8,572.69 Cr. in it.
We are predicting the share price target for Kotak Mahindra Bank for upcoming years with the help of technical analysis, past year’s quarterly report, and the last five-year annual report which help you to analyze how the share prices of this company are going to perform in future years.
|Year||Target Of Kotak Mahindra Bank Ltd|
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.2,150 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.2,350.
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.2,590 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.2,950.
We can predict the first possible target share price of Kotak Mahindra Bank for the financial year 2024 is around Rs.3,375 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.3,600.
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 as around Rs.3,980, 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.4,390.
At the end of this decade, Kotak Mahindra Bank can become one of the best private banks in the private sector which is also reflected in the possible share prices of this company. So we predict the first possible target which they can pass is around Rs.8,750 and the second possible target which they can surpass at the end of this decade is around Rs.12,800.
In this article, We have done a detailed analysis of Kotak Mahindra Bank Ltd. We tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this article, 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.
- User-friendly services
- Diverse business model
- Comprehensive cash management system
- Keep up to date themselves
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I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.