Kotak Mahindra Bank Stock Split Alert! Record Date Tomorrow; BUY Call with Rs. 2,500 Target

Those who are eyeing the Kotak Mahindra Bank stock split should take note today was the last day to buy Kotak Mahindra Bank shares to be eligible for the 5:1 stock split benefit. The private sector lender has fixed January 14, 2026, as the record date, meaning only shareholders holding the stock by the end of today's trading session will qualify for the split.

Kotak Mahindra Bank Stock Split Details

In December, Kotak Mahindra Bank announced a 5-for-1 stock split, also known as a sub-division of equity shares. Under this split, one equity share will be split into five shares, reducing the face value while increasing the number of shares held by investors.

In an earlier exchange filing, the bank said it has fixed Wednesday, January 14, 2026, as the record date to determine eligible shareholders whose equity shares will be sub-divided.

Kotak Mahindra Bank Q3 Business Update

Alongside the stock split announcement, Kotak Mahindra Bank released its Q3 update on January 5th.
The company in its report said that Net advances stood at Rs. 4,80,229 crore as of December 31, registering a 16% year-on-year growth compared with Rs. 4,13,839 crore a year ago. On a quarter-on-quarter basis, net advances rose 3.8% from Rs. 4,62,688 crore as of September 30, 2025. Average net advances for the quarter increased 16.2% year-on-year to Rs. 4,65,879 crore.

The bank's CASA deposits climbed to Rs. 2,24,199 crore, up 11.9% year-on-year, though largely flat sequentially. Average CASA deposits rose 9% year-on-year to Rs. 2,07,955 crore.

Total deposits grew 14.6% year-on-year to Rs. 5,42,638 crore, reflecting steady deposit mobilisation despite a challenging banking environment.

Kotak Mahindra Bank Share Price Today

On Tuesday, Kotak Mahindra Bank share price closed at Rs. 2,132.00 on the NSE, marginally higher by 0.061%. However, the stock has declined around 2.26% over the past 30 trading sessions.

Share Price Target

Brokerage firm Motilal Oswal Financial Services has maintained a BUY call on Kotak Mahindra Bank, assigning a target price of Rs. 2,500 per share.

In its report, the brokerage said it expects Kotak Mahindra Bank (KMB) to deliver strong return ratios over the medium term, with Return on Assets (RoA) estimated at 2% and Return on Equity (RoE) projected at 12.7% by FY27E.

"We estimate KMB to deliver robust return ratios, with RoA/RoE at 2%/12.7% by FY27E. We retain our BUY rating with a target price of INR 2,500, based on 2.5x FY27E adjusted book value plus INR 775 for subsidiaries," Motilal Oswal said in its note.

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