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South Ind.Bank Gains 6%; BSE BANKEX Index Up 0.4%
Thu, 22 Jan 11:37

South Ind.Bank Gains 6%; BSE BANKEX Index Up 0.4%Image source: phive2015/www.istockphoto.com

South Ind.Bank share price has zoomed 6% and is presently trading at Rs 46.9.

Meanwhile, the BSE BANKEX index is at 66,551.2 (up 0.4%).

Among the top gainers in the BSE BANKEX index today are IDFC FIRST BANK (up 2.5%) and Federal Bank (up 2.2%).

AU SMALL FINANCE BANK (down 1.0%) and Indusind Bank (down 0.7%) are among the top losers today.

Over the last one year, South Ind.Bank has moved up from Rs 27.0 to Rs 46.9, registering a gain of Rs 19.8 (up 73.5%).

On the other hand, the BSE BANKEX index has moved up from 56,036.2 to 66,551.2, registering a gain of 18.8% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 62.6%), Federal Bank (up 45.5%) and SBI (up 34.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,145.1 (up 0.3%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.4%) and Tata Steel (up 2.1%). The most traded stocks in the BSE Sensex are Eternal Ltd and NTPC.

In the meantime, NSE Nifty is at 25,248.8 (up 0.4%). Dr. Reddys and Bharat Electronics are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 77,073.4 to 82,145.1, registering a gain of 5,071.7 points (up 6.6%).

South Ind.Bank Financial Update...

South Ind.Bank net profit grew 9.5% YoY to Rs 3,745 million for the quarter ended December 2025, compared to a profit of Rs 3,420 million a year ago. Net sales rose 6.2% to Rs 25,175 million during the period as against Rs 23,707 million in October-December 2024.

For the year ended March 2025, South Ind.Bank reported 21.8% increase in net profit to Rs 13,031 million compared to net profit of Rs 10,702 million during FY24. Revenue of the company grew 9.3% to Rs 94,133 million during FY25.

The current Price to earnings ratio of South Ind.Bank, based on rolling 12 month earnings, stands at 8.8.


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