MCX’s surge past Rs 10,000 has turned Uday Kotak’s 2014 crisis-time investment into a massive 1,618% gain, with Kotak Mahindra Bank’s 15% stake now valued at ₹7,887 crore. The rally follows strong earnings, rising 29% YoY, and has pushed the stock well above key moving averages despite elevated volatility.
Uday Kotak’s crisis-time MCX bet turns into a 1,618% windfall in 11 years
📅 Published: November 27, 2025 |
📂 Category: Uncategorized