Kotak Mahindra Bank shares fall 4% to fresh 52-week low on another bad news

Kotak Mahindra Bank shares fell 4% to hit a fresh 52-week-low of Rs 1,561 on Thursday after the private lender delivered the bad news of the resignation of Joint Managing Director KVS Manian. Domestic brokerage Nuvama has downgraded the stock to reduce from buy. Kotak shares had ended last week 10% weaker after RBI restricted … Read more