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Kotak Mahindra Bank (KTKM.BO)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rs)	Price Target (Rs)	Rating
2022-11-03	379.97	390.00	Sell
2023-01-23	356.64	374.00	Sell
2023-07-24	379.23	410.00	Sell
2023-10-12	352.77	375.00	Sell
2024-05-06	324.95	360.00	Neutral
2024-10-10	375.13	390.00	Neutral
2025-02-12	388.66	420.00	Neutral
2025-04-03	426.38	470.00	Neutral
2025-07-28	393.12	460.00	Neutral
2025-08-29	392.07	490.00	Buy
2026-01-26	422.20	500.00	Buy

Disclosures

Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.