# Kotak Mahindra Bank Shares Rise 4.3% to ₹459

> Kotak Mahindra Bank shares hit highest level since April 2025 after 26% profit jump.
- Title: Kotak Mahindra Bank Shares Rise 4.3% to ₹459 · mint | Shortify
- Summary: Kotak Mahindra Bank shares hit highest level since April 2025 after 26% profit jump. Kotak Mahindra Bank shares rose 4.3% to ₹459, their highest level since…
- Keywords: kotak mahindra bank, securities, net profit, stock market, banking stocks, rbi, fcnr(b) deposits, capital adequacy ratio, news, india, Kotak, Mahindra
- Source: mint — https://livemint.com/market/stock-market-news/kotak-mahindra-bank-shares-gain-over-4-hit-highest-level-since-april-2025-here-s-what-you-should-know-11793266996926.html
- Author: A Ksheerasagar
- Published: 2026-10-29T10:31:10+00:00
- Read time: 1 min
- Topics: kotak mahindra bank, securities, net profit, stock market, banking stocks, rbi, fcnr(b) deposits, capital adequacy ratio, news, india
## Kotak Mahindra Bank Shares Rise
Kotak Mahindra Bank shares rose 4.3% to ₹459, their highest level since April 2025.
## Q2 Profit Jump
The bank reported a 26% jump in consolidated net profit for the September quarter at ₹5,645 crore.
## Banking Stock Rally
The rally marked the stock’s biggest single-day gain in over a year, offering relief to shares under pressure.
## Court Order on Fraud
The Delhi High Court directed social media platforms to remove fraudulent accounts impersonating Kotak Mahindra Bank and Kotak Securities.
## Regulatory Directives
The court also ordered MeitY and DoT to issue blocking notifications against infringing URLs.
## Profit Breakdown
On a standalone basis, the bank reported a 29% increase in profit after tax at ₹4,212 crore, aided by core income growth.
## Net Interest Margin
Core net interest income rose 16% to ₹8,459 crore, helped by a 25% jump in net advances.
## FCNR(B) Impact
Mobilisation of ₹55,344 crore of FCNR(B) deposits led to NIM compression during the quarter.
## Asset Quality
Slippages declined to ₹1,230 crore, and gross non-performing assets ratio improved to 1.04%.
## Capital Adequacy
The Capital Adequacy Ratio was at 21.9%, including core CET1 buffer at 21.4% as of September 30, 2026.
## Key takeaway

Kotak Mahindra Bank shares rose 4.3% to ₹459, their highest level since April 2025, following a 26% quarterly profit increase.