Kotak Mahindra Bank Slumps 5% on Weak Q4 Results, Downgrades Follow

Kotak Mahindra Bank shares fell over 5% after disappointing Q4FY25 results. Key metrics missed estimates, asset quality weakened, and provisioning surged. Brokerages, including CLSA and Bernstein, downgraded the stock, citing expensive valuations, slow loan and deposit growth, and margin pressures. Despite short-term concerns, Elara maintained a positive long-term view.