South Indian Bank - Bull Case Target Achieved
By Prime Research | Published at: Jun 15, 2026 10:55 AM IST
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In our Stock Update report dated Jan 6, 2026 on South Indian Bank, we had recommended to buy in Rs 39-40 band and add on dips in Rs 34-35 band for base case target of Rs 43 and bull case target of Rs 48 in 2-3 quarters.
The base case target was achieved on Jan 7.
Today, the stock touched a high of Rs 48.17, thereby achieving our bull case target of Rs 48, yielding a return of ~20.9% in about 6.5 months.
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