JPMorgan upgrades Kotak Mahindra Bank to an overweight call. Says Q4 headline profit adjusted for one-offs was 8% ahead of estimates, adding that the co can continue to compound balance sheet at 16% CAGR over the next 2 years JPMorgan upgrades Kotak Mahindra Bank to an overweight call. Says Q4 headline profit adjusted for one-offs was 8% ahead of estimates, adding that the co can continue to compound balance sheet at 16% CAGR over the next 2 years