Kotak Mahindra Bank Ltd Share Price – NSE /  BSE

Banks, Mid Cap

Earlier this month, the private sector bank had informed that Kotak Mahindra Capital Company (KMCC) had entered into definitive agreements for selling a part of its shareholding in Infina Finance (Infina), an associate company of the bank.

The stake sale was structured across three investor groups.

KMCC would sell nearly 9.90% stake (or 2,17,899 shares) to Derive Trading and Resorts and Bright Star Investments for Rs 413.35 crore, approximately 12.10% stake (or 2,66,321 shares) to trusts representing the estate of Rakesh Jhunjhunwala for Rs 505.21 crore and around 8.99% stake (or 1,97,870 shares) to KF Trust, an existing shareholder, for Rs 375.36 crore.

Post completion, KMCC?s stake in Infina will reduce to ~19%, resulting in Infina ceasing to be an associate of the bank.

In a separate filing, Kotak Mahindra Bank announced that the business activities of its wholly owned subsidiary Kotak Mahindra Investments (KMIL) will be internalised within the bank effective 01 April 2026, in compliance with the Reserve Bank of India directions on banks undertaking financial services.

KMIL will cease originating new loans from 01 April 2026, and will run down its existing portfolio while continuing to service all outstanding obligations.

The move is aimed at group simplification and operational synergies, with lending activities being conducted departmentally within the bank.

KMIL reported net total income of Rs 795 crore and PAT of Rs 501 crore in FY25, contributing nearly 1.0% to consolidated net total income and around 2.3% to consolidated PAT of the bank, while its net worth stood at Rs 3,842 crore (approximately 2.4% of consolidated net worth).

Kotak Mahindra Bank is the part of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance. As on 31 st December 2025, the bank has a national footprint of 2,218 branches and 2,749 ATMs (incl. cash recyclers) and branches in GIFT City and DIFC (Dubai).

The bank reported a 4.28% jump in standalone net profit to Rs 3,446.14 crore on 4.3% increase in total income to Rs 16,741.05 crore in Q3 FY26 over Q3 FY25.

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Kotak Mahindra Bank Ltd fell for a fifth straight session today. The stock is quoting at Rs 409.7, down 1.32% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.9% on the day, quoting at 24699.2. The Sensex is at 79712.32, down 1.94%.Kotak Mahindra Bank Ltd has eased around 1.47% in last one month.Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has eased around 0.7% in last one month and is currently quoting at 60529, down 1.5% on the day. The volume in the stock stood at 83.59 lakh shares today, compared to the daily average of 154.19 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 411.9, down 1.36% on the day. Kotak Mahindra Bank Ltd jumped 6.99% in last one year as compared to a 11.66% rally in NIFTY and a 23.91% spurt in the Nifty Bank index.

The PE of the stock is 30.51 based on TTM earnings ending December 25.

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Kotak Mahindra Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 433.55, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.45% on the day, quoting at 25984.15. The Sensex is at 84465.17, up 0.48%. Kotak Mahindra Bank Ltd has risen around 1.61% in last one month.

Meanwhile, Nifty Bank index of which Kotak Mahindra Bank Ltd is a constituent, has risen around 2.24% in last one month and is currently quoting at 60669.35, up 0.19% on the day. The volume in the stock stood at 94.84 lakh shares today, compared to the daily average of 182.24 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 432.65, up 0.85% on the day. Kotak Mahindra Bank Ltd is up 12.99% in last one year as compared to a 12.62% spurt in NIFTY and a 23.04% spurt in the Nifty Bank index.

The PE of the stock is 31.5 based on TTM earnings ending December 25.

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On February 06, widely circulated media reports stated that Fairfax Financial and Kotak Mahindra Bank are set to submit financial bids separately for a majority stake in IDBI Bank along with supporting documents on Friday.

The two contenders are in a race to acquire the 60.72% stake belonging to the government and Life Insurance Corporation of India (LIC) that is on offer, the reports added.

Providing a clarification on the same, Kotak Mahindra Bank said: ?We would like to clarify that the Bank has not submitted a financial bid as part of disinvestment process relating to IDBI Bank Limited.?

Kotak Mahindra Bank is the part of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance. As on 31 st December 2025, the bank has a national footprint of 2,218 branches and 2,749 ATMs (incl. cash recyclers) and branches in GIFT City and DIFC (Dubai).

The bank reported a 4.28% jump in standalone net profit to Rs 3,446.14 crore on 4.3% increase in total income to Rs 16,741.05 crore in Q3 FY26 over Q3 FY25.

The scrip had advanced 3.35% to end at Rs 422.35 on the BSE on Friday.

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