Kotak Mahindra Bank sets October 24 results: HSBC targets Kotak Mahindra Bank stock at INR 520

Published on 10/19/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net advances rose 24.7 percent to INR 5.77 trillion in fiscal 2027 second quarter. Kotak Mahindra Bank stock faces results on October 24, 2026 after deposits rose 23.2 percent.

Upcoming results and growth signals

Kotak Mahindra Bank will review second-quarter results on October 24, 2026.
Net advances grew 24.7 percent year on year to INR 5.77 trillion in the second quarter.
HSBC raised its target to INR 520 on October 7, 2026.

Kotak Mahindra Bank stock, banking, second-quarter results, HSBC target, NSE, Illustration mit AI erstellt.

Kotak Mahindra Bank will review its second-quarter and first-half results on October 24, 2026, after net advances grew 24.7 percent year on year to INR 5.77 trillion in the quarter ended September 30. FinancialFilings reported the scheduled board meeting on October 8, 2026. HSBC had raised its target to INR 520 on October 7 as loan growth and leadership clarity improved the outlook, according to CNBC TV18.

October 24 results carry weight

The upcoming figures will test whether Kotak Mahindra Bank converted rapid balance-sheet expansion into earnings growth. The provisional update showed total deposits up 23.2 percent year on year to INR 6.51 trillion, while current account and savings deposits increased 11.3 percent to INR 2.49 trillion, CNBC TV18 reported on October 6, 2026.

What does growth mean for margins?

The comparison between credit and low-cost deposits is central to the next report. Deposits expanded 23.2 percent, twice the 11.3 percent growth in current account and savings deposits, leaving funding mix and net interest margin as key figures for the October results.

Leadership and valuation remain linked

Three dated developments frame the story. On October 1, 2026, the Reserve Bank of India approved Anup Kumar Saha as chief executive for a three-year term beginning January 1, 2027, succeeding Ashok Vaswani, according to Reuters. On October 6, the bank reported 24.7 percent annual growth in net advances to INR 5.77 trillion. On October 8, it set October 24 for approval of the quarter and half-year results, with the second event carrying the next decisive operating figures.

The next two dates are October 24, 2026, for the board review of second-quarter and first-half results, and January 1, 2027, for Saha's scheduled start as chief executive. HSBC's October 7 target of INR 520 reflects a more constructive view, while the results must show whether growth is translating into sustainable profitability.

Stock stays below its yearly high

Kotak Mahindra Bank was trading at INR 442.20 on the NSE on October 19, 2026 at 12:50 p.m. IST. The quote is below the INR 453.20 52-week high and above the INR 345.50 low, while market capitalization stood at INR 4.4 trillion on the same date.