Kotak Mahindra Bank Shares In Focus Ahead Of Board Meet On Stock Split Today

Kotak Mahindra Bank Share Price: Kotak Mahindra Bank shares are in focus today, November 21, ahead of the board meeting by private lender to consider a proposal to split its equity shares. In a regulatory

filing, the bank said the board will evaluate a plan to sub-divide its existing fully paid-up shares with a face value of Rs 5 each.

A stock split is when a company divides its existing shares into smaller units by reducing the face value of each share. For example, in a 1:5 split, the face value may drop from Rs 5 to Rs 1, and one share becomes five shares. The market price also adjusts in the same ratio, so the total value of your investment doesn’t change. Companies usually do a stock split to make the share price look more affordable and increase trading activity.

“We wish to inform you pursuant to the provisions of Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 that a meeting of the Board of Directors of the Bank would be held on Friday, November 21, 2025 to, inter alia, consider a proposal for sub-division (split) of the existing equity shares of the Bank having face value of Rs. 5/- each, fully paid-up, in such manner as may be determined by the Board of Directors,” Kotak Mahindra Bank said in the filing.

The bank recently posted a Q2 net profit of Rs 3,253 crore, which was mostly in line with expectations. Pre-provisioning operating profit came in stronger than expected, and net interest income grew 4% year-on-year to Rs 7,311 crore. Asset quality also improved, with credit costs easing as the unsecured loan book stabilised, according to Axis Securities.

Even though the stock has gained about 16% so far this year, most analysts are still neutral. Nomura kept its hold rating with a target of Rs 2,200 and slightly raised its FY26–28 EPS estimates by 1–2%, helped by lower operating costs and softer credit costs. Margins, however, dipped by 11 bps in Q2 due to the June repo rate cut and a tilt toward retail loans. Axis Securities believes margins may have bottomed out and could improve in the second half.

Nuvama has a target of Rs 2,082 and pointed out that margin and slippage trends have underperformed peers for the last two quarters.

Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.