South Indian Bank Ltd Share Price (SOUTHBANK)
₹27.4
South Indian Bank Ltd share Performance
- ₹26.9₹27.9₹27.4
1.82%
Low
Day's Volatility:3.65%
High
1.82%
- ₹14.01₹36.88₹27.4
48.87%
Low
52 Weeks Volatility:83.47%
High
34.60%
| Returns % | |
| 1 Month Return | -1.95 % |
| 3 Month Return | -10.24 % |
| 1 Year Return | 76.92 % |
| Market Stats | |
| Previous Close | ₹27.60 |
| Open | ₹27.00 |
| Volume | 2.67Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,219.96Cr |
Analyst Rating for South Indian Bank Ltd stock
based on 7 analysts
Based on 7 analysts offering long term price targets for South Indian Bank Ltd. An average target of ₹36.71
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹27.40 per share as on 19 Apr, 2024 04:01 PM
Market Capitalisation: ₹7,219.96Cr as of today
Revenue: ₹2,636.23Cr as on December 2023 (Q4 23)
Net Profit: ₹305.38Cr as on December 2023 (Q4 23)
Listing date: 14 Dec, 1998
Chairperson Name: Salim Gangadharan
| Organisation | South Indian Bank Ltd |
| Headquarters | Thrissur |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for South Indian Bank Ltd
South Indian Bank Partners with Ashok Leyland for Dealer Financing - 18 Apr, 2024
South Indian Bank has partnered with Ashok Leyland to provide financing support to its dealers under the banks dealer finance scheme. The bank will offer competitive dealer finance options to the dealers of the leading truck and bus maker.
Citigroup Global Markets Mauritius Buys Stake in South Indian Bank - 09 Apr, 2024
Foreign investor Citigroup Global Markets Mauritius has purchased a 0.67% equity stake in South Indian Bank for Rs 50.85 crore, with Copthall Mauritius Investment as the seller.
South Indian Bank Appoints New Leadership Team; Citigroup Acquires Stake - 08 Apr, 2024
South Indian Bank appointed Vinod Francis as CFO and Chithra H as CCO. The bank's stock dropped by 1.97%. Citigroup Global Markets Mauritius acquired a 0.68% stake in the bank for Rs 50.8 crore.
South Indian Bank Appoints New CFO and CCO - 07 Apr, 2024
Vinod Francis has been appointed as the new Chief Financial Officer (CFO) of South Indian Bank, while Chithra H will transition to the role of Chief Compliance Officer (CCO) as per RBI directives.
South Indian Bank Reports Strong Growth in Advances and Deposits - 02 Apr, 2024
South Indian Bank's gross advances grew 11.44% YoY to Rs 80,337 crore, while total deposits rose 11.21% to Rs 1.01 trillion. The bank also reported strong growth in advances and deposits for FY24.
South Indian Bank Reports Increase in Gross Advances and Deposits - 01 Apr, 2024
South Indian Bank's gross advances increased to Rs 80,337 crore and total deposits climbed to Rs 1.02 lakh crore in Q4. The bank also saw an 8% increase in current account savings account (CASA) to Rs 32,654 crore, with a slight improvement in CASA ratio to 32%. These positive trends indicate improved liquidity position for the bank.
Individual Investors Own Majority Stake in South Indian Bank - 29 Mar, 2024
56% of The South Indian Bank Limited is owned by individual investors, giving them more power to influence management decisions. Institutions own 19%, and insiders own ₹2.5b worth of stock.
Former CEO of South Indian Bank Joins Bain & Company as External Advisor - 27 Mar, 2024
Murali Ramakrishnan, former MD & CEO of South Indian Bank, has joined management consulting firm Bain & Company as an external advisor to support the financial services practice. Ramakrishnan's tenure at South Indian Bank ended in September 2023 after he opted not to be re-appointed citing personal reasons.
Fundamentals of South Indian Bank Ltd
Insights on South Indian Bank Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 202.58 Cr → 305.38 Cr (in ₹), with an average increase of 18.1% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 77.72% to 80.43% in Mar 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 14.68% to 14.99% in Mar 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, SOUTHBANK has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 5 quarters, 1.86K Cr → 2.63K Cr (in ₹), with an average increase of 8.0% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SOUTHBANK has outperformed top 5 stocks with highest market-cap in Banks
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 4.53% to 1.57% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 1 month, SOUTHBANK stock has moved down by -2.0%
South Indian Bank Ltd Valuation
South Indian Bank Ltd in the last 5 years
Lowest (3.78x)
October 3, 2022
Today (5.64x)
April 18, 2024
Industry (20.50x)
April 18, 2024
Highest (44.00x)
April 6, 2022
Mutual Fund Holdings
| Funds | Holdings |
 Bandhan Small Cap Fund Direct Growth | 0.94% |
 Mahindra Manulife Multi Cap Fund Direct Plan Growth | 0.9% |
| Mahindra Manulife Small Cap Fund Direct Growth | 0.43% |
| Mahindra Manulife Flexi Cap Fund Direct Growth | 1.06% |
 Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth | 1.29% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 14.99% | 0.00 | |
| Mutual Funds | 1.57% | 0.00 | |
| Retail Investors | 80.43% | 0.00 | |
| Others | 3.01% | 0.00 |
Technicals of South Indian Bank Ltd share
News & Events of South Indian Bank Ltd
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South Indian Bank Ltd (SOUTHBANK) share price today is ₹27.4
South Indian Bank Ltd is listed on NSE
South Indian Bank Ltd is listed on BSE
- Today’s highest price of South Indian Bank Ltd is ₹27.9.
- Today’s lowest price of South Indian Bank Ltd is ₹26.9.
PE Ratio of South Indian Bank Ltd is 5.64
PE ratio = South Indian Bank Ltd Market price per share / South Indian Bank Ltd Earnings per share
Today’s traded volume of South Indian Bank Ltd(SOUTHBANK) is 2.67Cr.
Today’s market capitalisation of South Indian Bank Ltd(SOUTHBANK) is ₹7219.96Cr.
| South Indian Bank Ltd(SOUTHBANK | Price |
|---|---|
52 Week High | ₹36.88 |
52 Week Low | ₹14.01 |
South Indian Bank Ltd(SOUTHBANK) share price is ₹27.4. It is down -25.70% from its 52 Week High price of ₹36.88
South Indian Bank Ltd(SOUTHBANK) share price is ₹27.4. It is up 95.57% from its 52 Week Low price of ₹14.01
| South Indian Bank Ltd(SOUTHBANK | Returns |
|---|---|
1 Day Returns | -0.2% |
1 Month Returns | -1.95% |
3 Month Returns | -10.24% |
1 Year Returns | 76.92% |