Top stocks in focus tomorrow: Investors must watch Trent, Kotak Mahindra Bank, Vedanta shares on Tue, 6 Oct | Triggers
Kotak Mahindra Bank is in focus with 6 Oct in focus.
· LiveMint Markets, Economic Times Markets, ET Stocks, NDTV Profit, Business Standard Mkts
On October 6, Indian investors will focus on companies like Trent, Godrej Consumer Products, and Juniper Hotels, following key…
Key facts
- Dates in focus
- 6 Oct and October 6
The analysis
Against that, the stock is -1.4% on the day at ₹433.90, and has returned +18.3% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The banks sector has moved -1.7% over the same period, so Kotak Mahindra Bank is running 20.0 points ahead of its peers.
For Kotak Mahindra Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- The company directly in focus is KOTAKBANK.
- Sector exposure: Banks, Consumer Durables.
In this story
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