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Kotak Institutional removes ABB India, Siemens, Cummins India from model portfolio
Kotak Institutional Equities' Sanjeev Prasad prefers private banks over IT and expensive industrial stocks, citing attractive valuations, stable credit growth and the potential for re-rating. He warned that AI-driven pricing pressure makes it difficult to value IT companies and said investors should avoid chasing richly valued capital goods and electrification stocks despite strong long-term themes. Healthcare, hospitality, retail and telecom remain among his preferred sectors.
Ola Electric doubles QoQ growth in Q1 FY26; June vehicle registrations at 16,144 units
Ola Electric witnessed a significant surge in electric two-wheeler registrations during the April-June quarter, nearly doubling from the previous period. This impressive growth, reaching 43,719 units, is attributed to enhanced retail operations, better product availability, and consistent customer demand. The company anticipates continued expansion in India's electric two-wheeler market, driven by growing consumer preference for sustainable and economical mobility solutions.
Ola Electric nearly doubles QoQ registrations in Q1 FY27; June vehicle tally rises to 16,144
Ola Electric witnessed a significant surge in electric two-wheeler registrations, nearly doubling in the April-June quarter to 43,719 units. This impressive growth, driven by enhanced retail operations and better product availability, marks a strong sales momentum. The company attributes this success to its operational improvements and popular product range, anticipating continued expansion in India's EV market.
Only 1/5th the size of NSE? Why Jefferies predicts 27% upside for this near-monopoly stock
Jefferies has initiated coverage on MCX with a Buy rating and a target price of Rs 3,600, implying 27% upside. The brokerage expects strong earnings growth, driven by rising retail participation in commodity derivatives, new product launches, and multiple growth catalysts, while highlighting the exchange’s near-monopoly position in non-agri contracts.
Ola Electric doubles QoQ growth in Q1 FY26; June vehicle registrations at 16,144 units
Ola Electric witnessed a significant surge in electric two-wheeler registrations during the April-June quarter, nearly doubling from the previous period. This impressive growth, reaching 43,719 vehicles, is attributed to enhanced retail operations, better product availability, and consistent customer demand. The company registered its highest monthly sales in June, signaling a strong recovery in market momentum and underscoring its commitment to expanding EV adoption in India.
Kotak Mahindra Bank shares up after Deutsche Bank India retail business acquisition, brokerages positive - BusinessLine
Kotak Mahindra Bank shares up after Deutsche Bank India retail business acquisition, brokerages positiveBusinessLine
Kotak Mahindra Bank to acquire Deutsche Bank’s India retail unit - Investing.com
Kotak Mahindra Bank to acquire Deutsche Bank’s India retail unitInvesting.com
Kotak Mahindra Bank shares in focus on deal to buy Deutsche Bank’s retail business for Rs 282 crore
Kotak Mahindra Bank will acquire Deutsche Bank India's retail banking, private banking and wealth management business, adding a sizeable loan book, deposits, assets under management and customers. The deal is expected to strengthen Kotak's affluent banking franchise while supporting Deutsche Bank's strategy to focus on its core businesses.
Kotak to buy Deutsche's India retail, wealth business
Kotak Mahindra Bank is set to acquire Deutsche Bank's retail, private banking, and wealth management operations in India. This significant deal, involving approximately ₹29,000 crore in loans and ₹16,000 crore in deposits, will bring around 150,000 new customers and 1,000 employees to Kotak. The acquisition aims to bolster Kotak's focus on affluent and SME clients, while Deutsche Bank streamlines its global portfolio.
Kotak Bank to buy Deutsche Bank’s India retail business for ₹282 crore
Kotak Bank's acquisition of Deutsche Bank’s retail banking will add about ₹29,000 crore in loans, ₹16,000 crore in deposits, and ₹10,500 crore in assets under management to the private lender’s balance sheet.
Stocks to Watch for July 1: Auto stocks, Kotak Mahindra Bank, Prestige Estates, KPIT Tech and more
From KPIT Tech expecting its financial performance for the June quarter (Q1FY27) to fall short of earlier expectations to Kotak Mahindra Bank Ltd signing a business transfer agreement worth about ₹281.7 crore in cash to acquire Deutsche Bank AG’s retail banking, here are stocks to track ahead of Wednesday trading session.
Kotak Mahindra Bank signs ₹282 crore deal to acquire Deutsche Bank India retail, wealth biz
Shares of Kotak Mahindra Bank Ltd ended at ₹392.95, down by ₹2.80, or 0.71%, on the BSE.