The South Indian Bank Limited
Share Price Target & Analysis
NSE:SOUTHBANK
VWAP
Open
Close
High
Low
52 Week High
-0.01 (-0.04%)
SOUTHBANK
(FINANCIAL SERVICES)Watch Carefully
52 Week Low
EPS
PE
PB
Superior
Quality
Iron
Valuation
#Analysis
NSE: SOUTHBANK Share Price Financial Analysis & Valuation
The South Indian Bank Limited (SOUTHBANK) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Private Sector vertical.
It is one of Small Cap company with Market Capitalization of Rs 1856.2 (in Cr). Total number of free float shares are 181 (in Lacs).
The South Indian Bank Limited is listed on NSE with Exchange ID - INE683A01023 and trading code is NSE:SOUTHBANK with short name South Ind Bk.
In the past 1 year, The South Indian Bank Limited has declared an equity dividend of Rs 0 per share. At the current share price of SOUTHBANK at Rs 22.43, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:SOUTHBANK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SOUTHBANK underlying value and future prospects. All of this data is available in SOUTHBANK financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:SOUTHBANK, it is clearly understood that SOUTHBANK is Superior performer in terms of earnings and profit margins with an EPS of 4.63. NSE:SOUTHBANK book value per share as of today is 33.73. The current price to book ratio for SOUTHBANK as of Nov 23, 2024 is 0.66.
Valuation of the Stock: The current valuation of SOUTHBANK stock is like Iron which means currently the stock is Inexpensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SOUTHBANK whether to BUY this stock at current valuation. The delivery percentage of SOUTHBANK is 46.56% is very crucial parameter which shows that 46.56% investors are anticipating that the price of SOUTHBANK share should go up with VWAP at 22.5.
Now, the main question is whether to BUY or SELL, NSE:SOUTHBANK at current valuation.
As per latest Analysis No. #3915:-
⇑ STRONG BUY SOUTHBANK if All Greens
⇗ BUY SOUTHBANK (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD SOUTHBANK (With Stop Loss) if only 1 Green
⇘ SELL SOUTHBANK if NO Green Indicator
NSE: SOUTHBANK Share Price Today (Nov 23, 2024)
(The South Indian Bank Limited Daily Analysis on the basis of SOUTHBANK Intraday Graph & Trend)
The South Indian Bank Limited share price moved Down by -0.04% from its previous close of Rs 22.44. SOUTHBANK stock last traded price is 22.43. SOUTHBANK share price trend is Down with a total of 11966700 stocks traded till now. It has touched an intraday high of Rs 22.78 and an intraday low of Rs 22.39. The SOUTHBANK trading at 22.43, Down by Rs. -0.01, or -0.04 percent which suggests that most of the Traders are anticipating that the price of SOUTHBANK share should go Down.
NSE: SOUTHBANK Share Price Tomorrow Prediction
(The South Indian Bank Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SOUTHBANK)
The South Indian Bank Limited share price moved Down by -0.04%. SOUTHBANK share price short term trend is Down. It suggests that SOUTHBANK Share Price for Tomorrow remains the same with VWAP at 22.5 will be treated as stop loss for intraday traders. The South Indian Bank Limited Long term investors can follow the SOUTHBANK long term trend as mentiond in future forecast table.
NSE Code |
NSE: SOUTHBANK |
SOUTHBANK Share Price Today |
22.43 |
SOUTHBANK Share Price Target Prediction for 2024 ^ |
23.3 - 34.1 |
SOUTHBANK Share Price Target Prediction for 2025*^ |
34.1 - 45.3 |
SOUTHBANK Share Price Target Prediction for 2026*^ |
45.3 - 49 |
SOUTHBANK Share Price Target Prediction for 2027*^ |
51 |
SOUTHBANK Share Price Target Prediction for 2028*^ |
54 |
SOUTHBANK Share Price Target Prediction for 2030*^ |
59 |
SOUTHBANK Current Book Value 2023 |
33.6 |
*The South Indian Bank Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SOUTHBANK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
SOUTHBANK Technical Analysis
Candlestick Pattern: @22.44MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 23.23 | SELL | 23.1 | SELL |
MA_12 | 23.97 | SELL | 23.64 | SELL |
MA_20 | 23.95 | SELL | 23.84 | SELL |
MA_32 | 24.07 | SELL | 24.11 | SELL |
MA_50 | 24.35 | SELL | 24.39 | SELL |
MA_100 | 25.06 | SELL | 25.04 | SELL |
MA_200 | 27.59 | SELL | 25.75 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 22.45 | OverSold |
MACD | -0.17 | SELL |
ADX | 21.87 | NO or Weak Trend |
DMI (+/-) | 14.92 / 35.17 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 35.11 | Neutral |
STOCHASTIC_K (Fast) | 1.43 | Oversold |
STOCHASTIC_D (Slow) | 5.02 | Oversold |
CCI | -173.55 | SELL |
PSAR | 24.62 | SELL |
TRUE RANGE | 0.59 | Neutral |
ATR | 0.7 | Neutral |
WILLIAMS R | -98.52 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 0 | Oversold |
MOMENTUM | -3.08 | SELL |
Duration | Value |
---|---|
1 Year | -9.33% |
3 Months | -8.52% |
1 Month | -12.07% |
1 Week | -8% |
Action | Overall (%) |
---|---|
BUY | 0% |
NEUTRAL / HOLD | 17% |
SELL | 83% |
Most popular Questions & Answers about SOUTHBANK
The South Indian Bank Limited stock last traded price is 22.43. SOUTHBANK share price moved Down by -0.04% from its previous close of Rs 22.44.
The South Indian Bank Limited share price trend is Down with a total of 11966700 stocks traded till now. It has touched an intraday high of Rs 42.26825 and an intraday low of Rs 22.39. The SOUTHBANK trading at 22.43, Down by Rs. -0.01, or -0.04 percent which suggests that most of the Traders are anticipating that the price of SOUTHBANK share should go Down and the Stop Loss will be around 22.5.
The market cap of The South Indian Bank Limited is ₹1856.2 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for The South Indian Bank Limited as of Nov 22, 2024 is 18.6.
The current price to book ratio for The South Indian Bank Limited as of Nov 22, 2024 is 0.66.
The highest price of The South Indian Bank Limited stock is ₹40.15 in the last 52-week.
The lowest price of The South Indian Bank Limited stock is ₹22.27 in the last 52-week.
The South Indian Bank Limited share trading at ₹22.43, Down by Rs. -0.01, or -0.04 percent which suggests that most of the traders are anticipating that the price of SOUTHBANK share should go Down.
In 2023, Stock price target for The South Indian Bank Limited (SOUTHBANK) are ₹23.3 on downside and ₹34.1 on upside. The South Indian Bank Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for The South Indian Bank Limited (SOUTHBANK) are ₹34.1 on downside and ₹45.3 on upside. The South Indian Bank Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for The South Indian Bank Limited (SOUTHBANK) are ₹45.3 on downside and ₹49 on upside. The South Indian Bank Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for The South Indian Bank Limited (SOUTHBANK) will be around ₹54 The South Indian Bank Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SOUTHBANK.
The price of The South Indian Bank Limited (SOUTHBANK) shares moved by -0.04%. The short-term trend for SOUTHBANK share price is Down. It implies that the share price of SOUTHBANK will stay the same tomorrow and that intraday traders should treat VWAP at 22.5 as a stop loss. Investors with a long-term outlook can track SOUTHBANK long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of SOUTHBANK stock is 55.5. Compared to the current market price of 22.43 INR, the SOUTHBANK stock is Undervalued by 59.6%.
As per the fundamental analysis of The South Indian Bank Limited (SOUTHBANK), it is of Superior quality in terms of earnings and profit margins with an EPS of 4.63. The South Indian Bank Limited book value per share as of today is 33.73. The current price to book ratio for SOUTHBANK as of Nov 23, 2024 is 0.66.
NSE:SOUTHBANK News & Other Useful Information about SOUTHBANK Share Price
Peer Comparison of NSE: SOUTHBANK
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Banks - Private Sector
Company | Price | EPS | BV |
---|---|---|---|
HDFCBANK | 1742.10 | 86.2 | 572.55 |
ICICIBANK | 1278.00 | 62.06 | 337.92 |
KOTAKBANK | 1761.80 | 84.16 | 486.07 |
AXISBANK | 1141.80 | 84.52 | 485.53 |
INDUSINDBK | 998.65 | 104.26 | 806.11 |
BANDHANBNK | 170.14 | 17.31 | 133.87 |
AUBANK | 595.70 | 24.47 | 169.87 |
YESBANK | 19.21 | 0.55 | 13.31 |
IDFCFIRSTB | 64.15 | 3.17 | 44.28 |
FEDERALBNK | 209.37 | 16.22 | 118.61 |