Kotak Mahindra Bank share price in focus as the bank’s board is set to consider its first stock split in 15 years. The meeting is scheduled for November 21, and if approved, the move could make the stock more affordable and boost trading activity.

What the Bank Announced

Kotak Mahindra Bank said in a filing that the board will review a plan to split its ₹5 face value shares into smaller units. A stock split increases the number of shares and makes the price per share lower, helping attract more investors and improve liquidity.

The last time Kotak executed a stock split was in 2010, according to news reports.

Kotak Bank Share Price Movement

Kotak Mahindra Bank share price (NSE: KOTAKBANK) is trading at ₹2,115, with a market cap of ₹4.21 lakh crore. The stock has a P/E ratio of 22.64 and offers a dividend yield of 0.12%. Its 52-week range stands between ₹1,699.70 and ₹2,301.90. The bank also pays a quarterly dividend of ₹0.63 per share, adding a steady, though modest, income component for shareholders.

Kotak Bank Q2 FY26 Performance Highlights

Kotak’s Q2 results were mostly in line with expectations:

• Net profit: ₹3,253 crore
• Net interest income (NII): Up 4% YoY to ₹7,311 crore
• Margins dropped by 11 bps due to the 50 bps repo cut and a shift toward retail loans

The bank expects margins (NIMs) to improve over the next two quarters.

Asset Quality Update

• Credit card costs are gradually easing
• Microfinance (MFI) portfolio has strengthened
• Personal loan credit costs have reduced sharply
• Retail commercial vehicle (CV) loans remain under pressure with higher credit costs expected

Read more: Infosys Buyback: How Much Tax Will You Pay on The Buyback Amount?

Conclusion

With the board set to consider a stock split on November 21, Kotak Mahindra Bank is likely to stay in the spotlight. A stock split, if approved, could make the stock more accessible and potentially improve liquidity in the coming months.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.