Kotak Mahindra Share Price Target: Private bank stock could see 15% upside, says Motilal Oswal - Here’s why it’s a BUY - Markets | Latest News Updates

Kotak Mahindra Share Price Target: The share price of India’s private sector bank, Kotak Mahindra Bank, will be in focus on Thursday (June 25), after brokerage firm Motilal Oswal maintained a BUY call on the stock.

Kotak Mahindra Share Price Target 2026The brokerage has suggested a price target of Rs 470 for this BSE Sensex component, citing expectations of sustained growth driven by responsible and conservative banking practices.

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The price target suggests an upside of over 15 per cent from the current price level. The stock closed over 1 per cent higher on Wednesday (June 24) at Rs 406 on the BSE. (Kotak Mahindra Share Price)

On the outlook side, the brokerage believes credit costs are expected to normalise going forward, while growth trends are becoming more broad-based across segments. It added that overall growth remains healthy, with the bank continuing to prioritise asset quality over volume expansion.

MOSL highlighted that Kotak Mahindra Bank’s liability franchise remains a key strategic focus, with improvements in CASA growth and asset mix expected to support stable margins.

CASA growth refers to the increase in a bank’s deposits held in Current Accounts and Savings Accounts over time.

The bank has delivered strong growth in both advances and deposits while maintaining robust asset quality indicators and one of the strongest capital buffers in the sector, the note said.

According to MOSL, the management continues to target a business model capable of delivering high-teens return on equity over time, supported by contributions from subsidiaries, while maintaining prudent risk management and strong capital adequacy.

Kotak Mahindra Stock Performance

Interestingly, the upside suggested by the brokerage for the stock aligns with its historical trend of sustained long-term gains, reflecting a similar pattern of extended upward performance over time.

On the stock performance side, Kotak Mahindra Bank has delivered mixed returns across timeframes. The stock gained 0.37 per cent in 1 week, 4.64 per cent in 2 weeks, 5.67 per cent in 1 month, and 10.58 per cent in 3 months.

However, since January 1, it has slipped around 8.5 per cent, and the 1-year return is -8.69 per cent, while the 6-month return stands at -6.21 per cent. Long-term performance remains strong, with returns of 14.53 per cent over 2 years, 11.01 per cent over 3 years, and 16.80 per cent over 5 years. Over a 10-year period, the stock has been a strong wealth creator, rising 177.32 per cent.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)

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