Fallen angels like Kotak and RIL poised for market comeback – ​Swan Defence shares re-list on stock exchanges, up 5% after listing

According to Sandip Sabharwal, Kotak Mahindra Bank has shown positive growth after several quarters of underperformance. Advances grew 15%, contrasting with HDFC Bank’s 5% growth. With strong internal growth and a higher ROA than many private banks, Kotak’s adjusted valuation could lead to…