South Indian Bank Extends Winning Streak, Stock Up 1.92% Today and 53.49% in Six Months

Thrissur, October 27: South Indian Bank Limited’s share price is witnessing positive investor demand today, after the company announced a strong financial result for the quarter ending September 30. As of 10:15 AM, the shares were up by 1.92% or 0.73 points, and were trading at ₹38.84. Until now, the shares have traded within a range of ₹40.19 and ₹38.38. The traded volume stood at 3.77 crore shares, with the company’s market cap at ₹9,972 crore. The shares have their 52-week high at ₹40.30 and their 52-week low at ₹22.27.

South Indian Bank Limited is a private sector bank that provides financial services to individuals and institutions. The bank was established in 1929 and is headquartered in Thrissur, Kerala. The shares of the company are listed on NSE with the ticker symbol SOUTHBANK and on BSE with the code 532218.

Strong Q2FY26 Results

The rise in the share price comes after the company announced a strong financial result for the quarter ending September 30. For the quarter, the bank’s overall income increased to ₹2,92,278 lakh due to a growth in interest income to ₹2,40,705 lakh. There was a 25.7% year-on-year increase in other income to ₹51,573 lakh. Operating profit was down slightly, but net income still rose 8%. Asset quality showed notable improvement, with gross non-performing assets falling to 2.93% from 4.40% and net NPAs coming down to 0.56% from 1.31% year-on-year. The Basel III capital adequacy ratio of the bank was steady at 17.70%, with return on assets marginally lower at 1.04% annualised.

Stock Up By 53.49% In Six Months

With today’s share price increase, the South Indian Bank stock is up by 72.70% in 1 year, 54.77% year-to-date, 53.49% in 6 months, 30.88% in 3 months, 33.80% in 1 month, and 2.94% in 1 week.

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