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South Indian Bank surges despite reporting 87% fall in Q4 net profit

06 May 2015 Evaluate

South Indian Bank is currently trading at Rs. 23.80, up by 0.30 points or 1.28% from its previous closing of Rs. 23.50 on the BSE.

The scrip opened at Rs. 23.70 and has touched a high and low of Rs. 24.35 and Rs. 23.65 respectively. So far 571095 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.05 on 07-Jul-2014 and a 52 week low of Rs. 22.50 on 06-May-2014.

Last one week high and low of the scrip stood at Rs. 25.20 and Rs. 23.40 respectively. The current market cap of the company is Rs. 3240.40 crore.

The institutions and non-institutions held 41.34% and 58.66% stake in the bank, respectively.

South Indian Bank has reported result for the fourth quarter and year ended March 31, 2015.

The bank has posted a fall of 86.90% in its net profit at Rs 16.32 crore for the quarter ended March 31, 2015 as compared to Rs 124.60 crore for the same quarter in the previous year. However, total income of the bank has increased by 3.23% at Rs 1444.37 crore for quarter under review as compared to Rs 1399.18 crore for the quarter ended March 31, 2014.

For the year ended March 31, 2015, the bank has posted a fall of 39.47% in its net profit at Rs 307.20 crore as compared to Rs 507.50 crore for the same period in the previous year. However, total income of the bank has increased by 7.43% at Rs 5783.29 crore for year under review as compared to Rs 5383.53 crore for the period ended March 31, 2014.

South Indian Bank Share Price

38.95 0.17 (0.44%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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