Axis Bank overtakes Kotak Mahindra Bank to become third-largest private lender by Market Cap

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HomeMarket NewsAxis Bank overtakes Kotak Mahindra Bank to become third-largest private lender by Market Cap

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Axis Bank surged 5%, overtaking Kotak Mahindra Bank in market capitalisation after strong earnings, with brokerages like Citi upgrading the stock and setting a target price of ₹1,463.

By Yoosef K   January 27, 2026, 5:18:19 PM IST (Updated)

Shares of Axis Bank surged 5% on Tuesday, January 27, overtaking Kotak Mahindra Bank in market capitalisation after the lender’s quarterly earnings signaled improving growth visibility despite a seasonally weak quarter.

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