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The Economic Times

Debaroti Adhikary

ICICI Bank wins analysts’ vote after Q1 show; HDFC Bank, Axis, Kotak & Yes Bank face scrutiny

ICICI Bank HDFC Bank YES Bank Kotak Kotak Mahindra Bank Axis Bank Vaqarjaved Khan Angel One

The shares of five heavyweight private lenders including HDFC Bank, Yes Bank, ICICI Bank, Kotak Mahindra Bank and Axis Bank reacted strongly to their Q1 earnings on Monday, with brokerages highlighting which bank stock investors should consider buying now.

HDFC Bank, Axis Bank, Kotak Mahindra Bank and Yes Bank shares crashed 2-5% after their June quarter earnings failed to impress the market on Monday. India’s largest private lender, HDFC Bank, on Saturday reported a 5% year-on-year (YoY) rise in net profit to Rs 19,060 crore for Q1 FY27, while NII rose 7% YoY to Rs 33,534 crore.

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