Kotak Bank shares rally 9% after Q3 PAT rises 10% YoY. What should investors do?

Shares of Kotak Mahindra Bank surged as much as 8.5% on Monday to Rs 1,907.85 on the BSE, after India’s third largest private bank by market capitalization reported a 10% jump in its December quarter net profit at Rs 3,305 crore versus Rs 3,005 crore reported in the year ago period.

Meanwhile,…