Kotak Mahindra Bank Shares Plummet as Profitability Takes a Hit
2 months ago
Kotak Mahindra Bank's stock experienced a significant downturn, marking its steepest decline since April. The drop comes amid growing concerns regarding the bank's profit margins, which have come under pressure due to a variety of economic factors. Investors reacted swiftly, driving shares down over 6% in the trading session, reflecting anxiety over the bank's financial health and future prospects.
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