I have collected book value per share of Kotak Mahindra bank for last several years from Screener.in. I have prepared the table below
Except for a little slow down recently the growth seems to be intact. Growth slowdown has happened historically also for intermittent periods of time.
According to a data source Indian GDP has grown 5.13% on an average between 2009 and 2020.
Similar or a little higher growth is projected to next coming decade also. So what could be reasons for investors pessimism in the stocks.
One reason could be PSU banks taking share of private banks and thus slowing them down. Second could be technological changes hurting these banks in future.
Thanks for you time, I would happy if you could speak on your mind on the forum.
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