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South Indian Bank Share Price Target 2025

With over 72 lakh customers across the country, South Indian Bank Share Price Target 2024 is one of the trusted banks in Kerala and South India. The scheduled bank traces its roots back to pre-independence India and was the first bank in Kerala to get a scheduled banking license from the Reserve Bank of India (RBI) in 1957.


On the National Stock Exchange (NSE), SOUTHBANK’s stock history shows an almost linear trend from 2019 to 2023. The South Indian Bank share price has seen a slight pick-up in the last nine months of trade.


In this article, we will discuss the multiple factors that will influence South Indian Bank’s share price target in 2025 and beyond, along with South Indian Bank Share price Target 2030


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

 



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

 

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

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 

  • 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

 


The South Indian Bank share price target 2024 has increased steadily throughout the day, but not by much. The South Indian Bank NSE stock has had a rough time on the stock exchange over 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.


Following the news that the board of South Indian Bank Share Price Target 2024 approved raising Rs 1,151 crore through a rights issue in the first week of Feb. 2024, South Indian Bank's share price went to a 52-week high on February 2nd, 2024 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 stock of South India 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).

In the latest quarter, South Indian Bank’s NIM (Net Profit Margin) increased by 875.0% (YoY) to 22,64 points, showing that the Bank has managed to contain its costs effectively.


Net income of South Indian Bank increased by Rs 7,75 billion in FY2023, which is an increase of Rs 1,630 billion year-on-year (YoY). This shows that the South Indian bank is capable of managing profitability and consolidating liquidity and liability payments. Investors are always wary of these factors when they decide to invest their capital in the stock exchange.

Revenue of South Indian Bank also registered a historic growth of Rs 77,000 crore in FY2023. The growth rate of South Indian Bank's revenue indicates the growth in the Bank's business growth and the onboarding of new customers.


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