South Indian Bank Share Price Target Tomorrow 2024 To 2030 – Stock Market Update

South Indian Bank Ltd is one of the oldest private sector banks in India, established in 1929. Headquartered in Thrissur, Kerala, the bank provides a wide range of financial services, including personal banking, corporate banking, and digital banking solutions. With its strong network of branches and ATMs, it caters to millions of customers across the country. South Indian Bank Share Price on NSE as of 14 November 2024 is 22.54 INR. Here will provide you more details on South Indian Bank Share Price Target 2024, 2025, 2026 to 2030.

South Indian Bank Ltd: Market Overview

• Open Price: ₹22.75
• High Price: ₹22.99
• Low Price: ₹22.40
• Previous Close: ₹22.63
• Volume: 13,619,916
• Value (Lacs): ₹3,056.31
• VWAP: ₹22.63
• UC Limit: ₹27.15
• LC Limit: ₹18.10
• P/E ratio: ₹4.45
• Div yield: 1.33%
• 52-wk high: ₹36.89
• 52-wk low: ₹22.23
• Mkt cap: ₹5.90KCr
• Face Value: ₹1

South Indian Bank Share Price Chart

South Indian Bank Share Price Target Tomorrow 2024 To 2030

South Indian Bank Share Price Target 2024

South Indian Bank share price target 2024 Expected target could be ₹39. Here are three key factors that could influence South Indian Bank Ltd’s share price target in 2024:

• Improved Asset Quality: A reduction in non-performing assets (NPAs) through better credit risk management and recovery efforts can enhance the bank’s financial health. Improved asset quality would boost investor confidence and positively impact the share price.
• Growth in Retail and SME Lending: Expanding its focus on retail and small-to-medium enterprise (SME) loans can drive revenue growth. These segments are critical for increasing the bank’s customer base and improving overall profitability.

• Digital Banking Initiatives: Continued investment in digital platforms and technology-driven banking solutions can attract tech-savvy customers, reduce operational costs, and improve efficiency, which could lead to better financial performance and share price growth.

South Indian Bank Share Price Target 2025

South Indian Bank share price target 2025 Expected target could be ₹50. Here are three key factors that could influence South Indian Bank Ltd’s share price target in 2025:

1. Focus on Diversified Revenue Streams: Expanding into fee-based income sources like wealth management, insurance distribution, and digital payment services can help the bank diversify its revenue base and reduce dependence on interest income, driving profitability.
2. Economic Growth and Credit Demand: A growing economy typically leads to increased demand for loans in sectors like retail, housing, and SMEs. South Indian Bank’s ability to meet this demand efficiently can contribute to higher earnings and improved share performance.

3. Strengthened Capital Position: Enhancing its capital adequacy ratio through fundraising or retained earnings can provide the bank with the resources to expand lending and absorb potential risks, supporting sustainable growth and positive investor sentiment.

South Indian Bank Share Price Target 2030

South Indian Bank share price target 2030 Expected target could be ₹150. Here are three potential risks and challenges that could impact South Indian Bank Ltd’s share price target in 2030:

• Asset Quality Concerns: The risk of rising non-performing assets (NPAs) due to economic downturns, borrower defaults, or sector-specific challenges could strain the bank’s profitability and affect investor confidence.
• Intense Competition in Banking: With increasing competition from private sector banks, fintech companies, and digital-first banks, South Indian Bank may face challenges in retaining customers and maintaining market share, potentially impacting growth.

• Regulatory and Economic Changes: Changes in banking regulations, interest rate fluctuations, or macroeconomic instability could affect the bank’s operations, cost of funds, and lending capabilities, posing long-term risks to its performance and share price.

Shareholding Pattern For South Indian Bank Ltd

• Retail and Others: 83.27%
• FII: 11.48%
• DII: 2.98%
• Mutual Funds: 2.28%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: http://www.southindianbank.com/

South Indian Bank Ltd Financials

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