New Delhi, Jan. 26 -- After almost a year of being stuck in a range, the stock of Kotak Mahindra Bank Ltd has received two triggers in quick succession.

While the 1:5 share subdivision on 14 January was meant to enhance liquidity in the stock, it has failed to lift sentiment. However, the bank's December quarter (Q3FY26) earnings raise hopes. Robust growth in deposits and advances, along with improvement in asset quality, has taken some of the pressure off profitability.

Kotak has fared better than its fellow large-cap peers in a competitive deposit environment. Its 15% year-on-year deposit-growth was hot on the heels of its 16% growth in advances. Even as the bank pushed the pedal on consumer lending amid the GST recast-powered festiva...