South Indian Bank Share Price Target 2025 2026 2027 to 2030

South Indian Bank Share Price Target 2025 2026 2027 to 2030

South Indian Bank share price target, a venerable institution in Kerala and the wider South India region, boasts a customer base exceeding 7.2 million nationwide. Established in the pre-independence era of India, it holds the distinction of being the first private sector bank in Kerala to secure a scheduled bank license from the Reserve Bank of India in 1957.

Despite its rich history, the trajectory of SOUTHBANK NSE stock on the National Stock Exchange has been relatively flat from 2019 to 2023. However, recent months have seen a modest uptick in trading activity.

South Indian Bank Share Price Target 2024

Month (2024)

Maximum Target

MinimumTarget 

January

Rs – 

Rs – 

February

Rs – 

Rs – 

March

Rs 30.52

Rs 22.00

April

Rs 34.92

Rs 25.63

May

Rs 35.10

Rs 28.10

June

Rs 35.52

Rs 22.73

July

Rs 35.14

Rs 25.02

August

Rs 36.81

Rs 28.73

September

Rs 36.43

Rs 22.06

October

Rs 46.11

Rs 24.74

November

Rs 47.60

Rs 26.90

December

Rs 47.11

Rs 29.90

(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment)

South Indian Bank Share Price Target 2025

Month (2025)

Maximum Target

MinimumTarget 

January

Rs 48.10

Rs 34.03

February

Rs 48.96

Rs 31.00

March

Rs 58.21

Rs 32.58

April

Rs 59.91

Rs 30.04

May

Rs 59.66

Rs 30.80

June

Rs 59.30

Rs 32.23

July

Rs 60.41

Rs 30.06

August

Rs 61.83

Rs 33.50

September

Rs 61.56

Rs 36.75

October

Rs 62.00

Rs 35.74

November

Rs 72.21

Rs 38.92

December

Rs 73.61

Rs 49.42

(This prediction is based upon our understanding seeing the history of the above stock and its future prospects, an investor is advised to seek expert advice before making any investment-related commitment

South Indian Bank Share Price Target 2026 to 2030

(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment

SOUTHBANK: NSE Financials 2023

South Indian Bank Market Capitalisation: 7,4,94.63 Crores INR

South Indian Bank 52 Week High-Low: Rs 36.89 – Rs 12.63

Revenue

34.24 Billion INR

 77.04% YOY

Operating expense

22.51 Billion INR

 13.95% YOY

Net Income

7.75 Billion INR

 1,630.29% YOY

Net Profit Margin

22.64

 875.86% YOY

Earnings Per Share

3.70

 1,661.90% YOY

EBITDA

 

 

Effective Tax Rate

30.05%

 

Total Assets

1.08 Trillion INR

 7.64% YOY

Total Liabilities

1.01 Trillion INR

 7.25% YOY

Total Equity

66.75 Billion INR

 

Return on assets

0.75%

 

Return on Capital

 

 

P/E Ratio

5.83

 

Dividend Yield

0.96%

 

South Indian Bank Ltd Shareholding Pattern

South Indian Bank Ltd Competitors (Market Cap: 7,494.63 crores INR

In the latest developments, South Indian Bank, along with Federal Bank, announced a regulatory directive from the RBI halting the acceptance of new applications for co-branded credit cards and merchandise. While existing members remain unaffected, this news has contributed to a downward trend in South Indian Bank's stock price.

The stock reached its 52-week high of Rs 36.89 per share following the board's approval of a Rs 1,151 crore rights issue in early February 2024.

Investors contemplating South Indian Bank stock should weigh several factors. Despite a lackluster return on equity in recent months, the bank has seen significant improvements in its financial metrics. Net profit margin surged by 875% year-over-year to 22.64 points, reflecting effective cost management. Additionally, net income witnessed a remarkable 1,630% increase to Rs 7.75 billion in fiscal year 2023, indicating robust profit management and debt servicing capabilities. Revenue also experienced historic growth of 77% year-over-year in FY2023, underscoring business expansion.

While South Indian Bank's share price has seen fluctuations, it has shown resilience, recording a 17% increase year-to-date. However, caution is warranted, with the stock currently trading at Rs 29.00, down from its recent high.

In conclusion, thorough research and professional guidance are essential for investors navigating the volatile stock market, particularly when considering investments in entities like South Indian Bank.