Kotak adds this PSU bank stock to its midcap model portfolio, sees 33% upside

Meanwhile, the brokerage firm in its large-cap model portfolio increased weight on Axis Bank (70bps to 7.5%), SBI (30 bps to 6.5%), Power Grid (40 bps to 2.5%), and RIL (100 bps to 9.8%), while it removed Hindalco (140 bps from the portfolio) and reduced weight on L&T by 100 bps to 400 bps.