Buy Kotak Mahindra Bank: DD Sharma

Buy Kotak Mahindra Bank, says DD Sharma, Senior Vice President Research of Anand Rathi.

Sharma told CNBC-TV18, "PTC although has done well but I think after 2 days successive run it has reached around Rs 84-85, so I think it may not perform very quickly, so we are switching to Kotak Mahindra Bank. Kotak Mahindra Bank is a private sector bank, which is doing very well and I think this will also perform very well in the coming quarter as well as in the coming years. So we think that this stock will further appreciate. My target for Kotak Mahindra Bank is around 3% from the present price."

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