Kotak stock jumps 10% on report of Berkshire investment

Kotak stock jumps 10% on report of Berkshire investment

Berkshire Hathaway may invest in the lender by buying promoter stake or through a preferential allotment, the report said. Kotak shares rose as much as 10.2 per cent to Rs 1,302, their highest since September 4. The stock posted its biggest intraday gain since November 2014.