Kotak Mahindra Bank share price rises after board to consider stock split. Should you buy or sell?

Kotak Mahindra Bank share price rose as much as 1.12% to ₹2,103 apiece in Monday's trading session after the company said its board will meet this week to consider and approve a stock split.

The private lender stock has remained volatile in the near term. Kotak Mahindra Bank share price fell 4.3% in a month; however, it has gained 22.53% in one year.

Kotak Mahindra Bank stock split details

Kotak Mahindra Bank, one of India's biggest private sector lenders, announced on Friday, November 14, that its board will meet next week to discuss a stock split. The board meeting is scheduled for Friday, November 21.

“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 an exchange filing.

If approved, this would mark the first stock split by the private bank in nearly 15 years. Kotak Mahindra last announced a stock split in 2010, with a 2:1 ratio.

Kotak Mahindra Bank share price: Should you buy or sell?

According to Anshul Jain, Head of Research at Lakshmishree, Kotak Bank is setting up a powerful 48-month cup and handle on the monthly chart, backed by steady accumulation volume—a clear sign that strong hands have been building positions through the entire pattern.

“This long base carries serious strength. A weekly close above 2200 will confirm the breakout and can trigger a sharp expansion in momentum. Once that level is crossed, the stock has room to accelerate toward the 3000 zone in the initial leg. With multi-year structure, constructive volumes, and bullish alignment, Kotak Bank is shaping into one of the strongest higher-timeframe breakout candidates in the space,” Jain said.

On the other hand, Anuj Gupta, Director, Ya Wealth Research & Advisory, while recommending ‘buy’, said that the banking stock looks positive today, technically it recover from oversold zone, now it is trading above 2 week's high levels.

“It has strong support at 2050 levels and resistance at 2140 levels. recommending buy on support levels as the trend of kotak mahindra bank is sideways to up,” Gupta said.

Meanwhile, brokerage firm Axis Securities has maintained its ‘buy’ rating on Kotak Bank stock, with a target price of ₹2,575 apiece, said, “ KMB’s margins contracted by 11bps QoQ in Q2, mainly due to the full impact of the 50bps repo rate cut taken in Jun’25 and a portfolio mix shift toward retail assets. However, the extent of margin compression was significantly lower sequentially, supported by a sharp improvement in the CoF (down 31bps QoQ), driven by the full impact of the SA rate cut and TD repricing, which offset yield compression. Barring any further rate cuts, NIMs appear to have bottomed out in Q2 and are expected to resume their upward trajectory from H2 onwards, aided by TD repricing and CRR cuts. The full benefit of the TD rate cut should be visible by Q4/Q1FY27. Thereafter, NIM improvement will be supported by an increasing mix of higher-yielding unsecured segments. We expect NIMs to improve to 4.9-5.0% over FY27–28E from 4.7% in FY26E.”

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.