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South Ind.Bank Plunges 5%; BSE BANKEX Index Up 0.1%
Thu, 20 Nov 11:50

South Ind.Bank Plunges 5%; BSE BANKEX Index Up 0.1%Image source: Sakorn BernardaSv/www.istockphoto.com

South Ind.Bank share price has plunged 5% and is presently trading at Rs 39.0.

Meanwhile, the BSE BANKEX index is at 66,543.4 (up 0.1%).

Among the top losers in the BSE BANKEX index today are Bank of Baroda (down 0.8%) and Indusind Bank (down 0.7%).

Axis Bank (up 1.0%) and HDFC Bank (up 0.4%) are among the top gainers today.

Over the last one year, South Ind.Bank has moved up from Rs 22.8 to Rs 39.0, registering a gain of Rs 16.3 (up 71.3%).

On the other hand, the BSE BANKEX index has moved up from 57,400.4 to 66,543.4, registering a gain of 15.9% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 59.3%), Federal Bank (up 22.4%) and Kotak Bank (up 21.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 85,452.1 (up 0.3%).

The top gainers among the BSE Sensex today are Tech Mahindra (up 1.5%) and Reliance Ind. (up 1.4%). The most traded stocks in the BSE Sensex are Eternal Ltd and Tech Mahindra.

In the meantime, NSE Nifty is at 26,134.1 (up 0.3%). Eicher Motor and Hero Motocorp are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 77,339.0 to 85,452.1, registering a gain of 8,113.1 points (up 10.5%).

South Ind.Bank Financial Update...

South Ind.Bank net profit grew 8.3% YoY to Rs 3,516 million for the quarter ended September 2025, compared to a profit of Rs 3,248 million a year ago. Net sales rose 2.2% to Rs 24,071 million during the period as against Rs 23,547 million in July-September 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 7.5.


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