India's benchmark indexes advanced on Monday, led by gains in Kotak Mahindra Bank and Wipro after their better-than-expected quarterly earnings, while the focus shifts to the U.S. policy framework with Donald Trump set to take oath as the President.

Shares of Kotak Mahindra Bank Ltd. 500247 advanced 9.15% to 1,919.60 Indian rupees Monday, on what proved to be an all-around positive trading session for the stock market, with the BSE SENSEX Index 1 rising 0.

Motilal Oswal, YES Securities, JM Financial and Nuvama have upgraded KMB to ‘Buy’, with an upgraded target price of up to ₹2,150.

India's Kotak Mahindra Bank on Saturday reported a 10% rise in quarterly profit as it boosted lending, although provisions for potential bad loans surged.

Kotak Bank's loan and deposit growth were healthy in Q3 in a tough macro environment, which brokerages found encouraging.

Five leading brokerages have upgraded Kotak Mahindra Bank to ‘buy’ following its Q3FY25 results, with target prices ranging from ₹2,020 to ₹2,111. The private sector lender reported a 10 per cent year-on-year increase in net profit at ₹3,305 crore for the third quarter.

Shares of Kotak Mahindra Bank on Monday jumped nearly 10 per cent after the firm posted a 10 per cent growth in its consolidated net at Rs 4,701 crore, aided by the performance of capital markets-linked arms. The stock surged 9.66 per cent to Rs 1,928.65 on the BSE.

The consolidated net profit of Kotak Mahindra Bank increased by 10.22 per cent to Rs 4,701 crore in the third quarter of FY25, from Rs 4,265 crore in the same period last year. The private lender saw a 6.8 per cent decline in the reporting quarter, with a net profit of Rs 5,044 crore for the July-September quarter Q2 FY25.

In Q3FY25, Kotak Mahindra Bank reported a total income of ₹ 23,945.79 crore, up from ₹ 26,880.02 crore in Q2FY25 and ₹ 24,083.15 crore in Q3FY24. So, Kotak Mahindra Bank's total income has decreased year over year and quarter over quarter.

Kotak Mahindra Bank reported a consolidated net profit of Rs 4,701 crore on Saturday for the quarter ending December, marking a 10 per cent year-on-year (YoY) increase. On a standalone basis, the bank’s net profit for the quarter rose to Rs 3,

One of the third largest private banks i.e Kotak Mahindra bank has announced the quarterly results of FY 2025 ending on January 31st 2024. It has also registered a dip in total income with a rise in PAT (Profit After Tax) YoY basis.