South Indian Bank Share Price Target 2025
South Indian Bank Share Price Target 2024 has a customer base of more than 72 lakhs in India and is one of the trusted banks in Kerala and the South India region. South Indian Bank is a scheduled bank with a long history dating back to India's pre-independence era.
In 1957, South Indian Bank became the first private sector Bank in Kerala to be granted a scheduled bank license by Reserve Bank of India. On the National Stock Exchange (NSE), South Indian Bank Stock history shows an almost linear trend from 2019 to 2023.
However, in the last 9 months of trading, South Indian Bank share price has picked up a bit.
Let's take a look at the factors that will influence the South Indian Bank Share Price Target 2025 and after that, as well as the South Indian Bank share Price Target 2030
South Indian Bank Share Price Target 2024
Month (2024)Maximum Target Minimum Target 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
South Indian Bank Share Price Target 2025
Month (2025) Maximum Target Minimum Target 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
South Indian Bank Share Price Target 2026 to 2030
Year Maximum Target Minimum Target 2026 Rs 89.38 Rs 45.94 2027 Rs 116.00 Rs 50.55 2028 Rs 129.38 Rs 62.30 2029 Rs 142.08 Rs 74.90 2030 Rs 162.49 Rs 87.23
SOUTH BANK: 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 Revenue34.24 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 Rate30.05%
- Total Assets1.08 Trillion INR⬆ 7.64% YOYTotal Liabilities1.01 Trillion INR⬆ 7.25% YOYTotal Equity66.75 Billion INR Return on assets0.75% Return on Capital
- P/E Ratio5.83 Dividend Yield0.96%
South Indian Bank Ltd Shareholding Pattern
- Promoters: -
- FII: 14.68%
- DII: 3.08%
- Retail & Others: 77.72%
- Mutual Funds: 4.53%
South Indian Bank Ltd Competitors (Market Cap:
- 7,494.63 crores INR
- HDFC Bank Market Cap 1,097,715.61 Cr
- ICICI Bank Market Cap 766,006.80 Cr
- Axis Bank Market Cap 321,884.53 Cr
- IDBI Bank Market Cap 87,900.89 Cr
- Federal Bank Market Cap 36,672.19 Cr
South Indian Bank Stock Price 2024 The South Indian Bank stock price has been moving steadily, although not at a high level. The South Indian Bank stock has been struggling on the NSE in the last 30 days, i.e., from February 23rd to March 22nd 2024.
South Indian Bank, along with Federal Bank, reported that the Reserve Bank of India (RBI) has asked them to discontinue the enrollment of new co-branded cards and products. According to the banks, this regulatory order will not affect their existing customers in the same category.
This news led to a further decline in South Indian Bank's stock price in the market.
Following the news that the board of South Indian Bank approved to raise Rs 1,151 crore through a rights issue on February 2nd, 2024, South Indian Bank's share price reached a 52-week high at Rs 36.89.
Historically, South India Bank stock has performed well on the stock market. Since its listing on the Stock Exchange in 1999, South India Bank has achieved a return on investment (ROI) of 2400% for its investors.
However, the South Indian Bank Share Price Target 2030 has not performed well in the last couple of months as it has failed to deliver a good return on investors’ equity (ROE).
On the other hand, South Indian Bank’s Net profit margin increased by 875 percent (YoY) to 22,64 points, showing how well the Bank was able to manage its costs.
Net income of South Indian Bank increased by Rs 7,75 billion in FY2023, which is a year-on-year (YoY) increase of Rs 1,630 billion. This shows that the South Indian bank is able to manage its profitability and strengthens its liquidity and liabilities payments factor. Investors always pay attention to these factors when they decide to invest their capital in the stock exchange.
Revenue of South Indian Bank also increased by 77% YoY in FY2023. Revenue growth rate of South Indian Bank is an indication of the growth in the Bank's business growth and the onboarding of new customers.
Also Visit :
https://sites.google.com/view/south-indian-bank-share/home
https://medium.com/@digitalshubham41/south-indian-bank-share-price-target-2024-to-2030-c34c28ad4e40
https://www.linkedin.com/pulse/south-indian-bank-share-price-target-2025-2030-shubham-digital-pwhhc/
https://www.quora.com/profile/Shubham-Digital-7/South-Indian-Bank-Share-Price-Target-2030
https://www.rueami.com/2024/03/27/south-indian-bank-share-price-target-2025-to-2030/
https://adwordsexpert.hashnode.dev/south-indian-bank-share-price-target-2030
https://digitalshubhamindiapropertydekho.weebly.com/blog1/south-indian-bank-share-price-target-2025
https://digitalshubham.mystrikingly.com/blog/south-indian-bank-share-price-target-2024-to-2030
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