South Indian Bank Ltd
SOUTHBANK

25.70

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

25.70

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

25.95

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Accumulate
Reco. Price
Rs 22.40
We recommend ACCUMULATE on account of continued loan growth momentum, stable margin profile and operating efficiencies. Improvement in gold loan segment will support credit mix. The stock trades at ~0.59x FY17E P/BV multiple. (Target Price- Rs.23.7)
Detailed View
50 DMA (.)
21.21
100 DMA (.)
20.15
200 DMA (.)
20.26
Weekly Range (.)
23.55
25.95
Monthly Range (.)
19.75
25.95
52 Weeks Range (.)
15.93
25.95
Detailed Chart