South Indian Bank Share Price Today on : South Indian Bank share are down by -0.13%, Nifty down by -0.15%

South Indian Bank Share Price Today on 24-10-2024: On the last trading day, South Indian Bank opened at 23.72 and closed slightly lower at 23.68. The stock reached a high of 24.03 and a low of 23.56 during the day.

Livemint
Published24 Oct 2024, 11:10 AM IST
South Indian Bank Share Price Today Live Updates
South Indian Bank Share Price Today Live Updates

South Indian Bank Share Price Today on : At 24 Oct 16:01 today, South Indian Bank shares are trading at price 23.68, -0.13% down from the previous closing price. Sensex is trading at 80065.16, down by -0.02%. The stock has hit a high of 24.03 and a low of 23.56 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

DaysSimple Moving Average
524.88
1024.37
2024.38
5024.90
10025.91
30027.49

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 24.0, 24.25, & 24.48, whereas it has key support levels at 23.52, 23.29, & 23.04.

South Indian Bank Share Price Today

Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 13.81% .The current P/E of the stock is at 4.68 & P/B is at 0.66.

The median 1-year forecasted upside in this share is at 43.58% with a target price of 34.00.

The company has a 0.00% promoter holding, 2.75% MF holding, & 11.47% FII holding as per filings in the september quarter.

The MF holding has increased from 2.67% in june to 2.75% in the september quarter.

The FII holding has decreased from 13.44% in june to 11.47% in the september quarter.

South Indian Bank share price down -0.13% today to trade at 23.68 while its peers are mixed. Its peers such as Ujjivan Small Finance Bank, DCB Bank are falling today, but its peers Equitas Small Finance Bank, CSB Bank are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.15% & -0.02% each respectively.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsMarketsSouth Indian Bank Share Price Today on : South Indian Bank share are down by -0.13%, Nifty down by -0.15%
More