Kotak Mahindra 1:5 Stock Split – Banking Sector Rebound Incoming?

fireboltt

Posted by BankSplitGuy (5 hrs ago)
Kotak's first split since 2010: 1 share into 5, record date Dec 15. Shares up 1.2% today. Improves liquidity for retail, could attract more flows. With RBI cut Dec 5, NIMs expand 20 bps – target Rs 2,100 by Mar. PSU banks lagging, but private like this leading rally?

fireboltt

Reply by NIMTracker (3 hrs ago):
Splits boost volumes 20-30% short-term. Banking index to 55k by Feb if deficit <4.5% in Budget.

fireboltt

Reply by PSUBankFan (2 hrs ago):
Good for Kotak, but SBI cheaper at 9x PE. Split = more retail entry, positive for sector.