Kotak Mahindra Bank considers stock split to attract investors
after close1 source ↓written by the desknot a recommendation
- Currently trading
- ₹2,100
- face value
- ₹10 to ₹5
Kotak Mahindra Bank, India's third largest private bank, is contemplating a stock split after 15 years. Currently trading at ₹2,100, a split could lower the price per share, making it more accessible for retail investors. The last split occurred in 2010, reducing the face value from ₹10 to ₹5. This move may broaden its investor base.
Not investment advice. For informational purposes only.