South Indian Bank Share Price Target 2025 2026 2027 to 2030

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by izamahmed il y a 9 mois 101 Views comments

South Indian Bank share price target, a trusted financial institution in Kerala and the broader South India region, boasts a customer base exceeding 72 lakhs across India. Established with a rich history dating back to the pre-independence era, it holds the distinction of being the first private sector bank in Kerala to receive a scheduled banking license from the Reserve Bank of India in 1957.

On the National Stock Exchange (NSE), the trajectory of South Indian Bank’s NSE stock history demonstrates a relatively linear trend from 2019 to 2023. However, there has been a slight uptick in the share price over the last 9 months of trading.

South Indian Bank Share Price Target 2024

Month (2024)Maximum TargetMinimumTarget
JanuaryRs – Rs –
FebruaryRs – Rs –
MarchRs 30.52Rs 22.00
AprilRs 34.92Rs 25.63
MayRs 35.10Rs 28.10
JuneRs 35.52Rs 22.73
JulyRs 35.14Rs 25.02
AugustRs 36.81Rs 28.73
SeptemberRs 36.43Rs 22.06
OctoberRs 46.11Rs 24.74
NovemberRs 47.60Rs 26.90
DecemberRs 47.11Rs 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 TargetMinimumTarget
JanuaryRs 48.10Rs 34.03
FebruaryRs 48.96Rs 31.00
MarchRs 58.21Rs 32.58
AprilRs 59.91Rs 30.04
MayRs 59.66Rs 30.80
JuneRs 59.30Rs 32.23
JulyRs 60.41Rs 30.06
AugustRs 61.83Rs 33.50
SeptemberRs 61.56Rs 36.75
OctoberRs 62.00Rs 35.74
NovemberRs 72.21Rs 38.92
DecemberRs 73.61Rs 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

Year Maximum TargetMinimum Target
2026Rs 89.38Rs 45.94
2027Rs 116.00Rs 50.55
2028Rs 129.38Rs 62.30
2029Rs 142.08Rs 74.90
2030Rs 162.49Rs 87.23

(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

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

Recent developments affecting South Indian Bank’s stock include fluctuations in its NSE stock price, particularly notable within the past 30 days from February 23rd to March 22nd, 2024. In a recent filing on the exchange, both South Indian Bank and Federal Bank disclosed that the Reserve Bank of India (RBI) has instructed them to halt the issuance of new co-branded cards and products. However, they assured that existing customers in this category would not be affected.

Following this regulatory directive, South Indian Bank’s stock experienced further decline in the market. Additionally, the approval by the board of directors to raise Rs 1,151 crores through a rights issue in the first week of February 2024 impacted the stock positively, reaching a 52-week high of Rs 36.89 on February 2nd.

In conclusion, the South Indian Bank’s share price is influenced by various factors, including regulatory directives, financial decisions, and market sentiments. As investors navigate these dynamics, it’s crucial to monitor developments closely and consider professional advice to make informed decisions regarding South Indian Bank’s stock.

Also read

South Indian Bank share price target 2022

South Indian Bank share price in 2010

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