Kotak Mahindra Bank Shares Adjust After 5:1 Stock Split, No Impact on Value

Kotak Mahindra Bank shares appeared to drop over 80% on January 14 due to a 5:1 stock split, which subdivided each Rs 5 share into five shares of Re 1 each. This technical adjustment lowered the share price proportionally without affecting the bank's market capitalization or investor wealth. The apparent plunge is optical, reflecting the revised capital structure, while the stock remains within its recent trading range and the bank's fundamentals are unchanged.