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South Indian Bank slips on reporting 77% fall in Q1 net profit

23 Jul 2018 Evaluate

South Indian Bank is currently trading at Rs. 19.10, down by 3.35 points or 14.92% from its previous closing of Rs. 22.45 on the BSE.

The scrip opened at Rs. 20.30 and has touched a high and low of Rs. 20.60 and Rs. 18.45 respectively. So far 4452242 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 34.75 on 09-Jan-2018 and a 52 week low of Rs. 18.45 on 23-Jul-2018.

Last one week high and low of the scrip stood at Rs. 22.90 and Rs. 18.45 respectively. The current market cap of the company is Rs. 3447.10 crore.

The Institutions holding in the company stood at 47.27%, while Non-Institutions held 52.73%.

The Bank has reported a fall of 77.29% in its net profit at Rs 23.04 crore for the quarter under June 30 as compared to Rs 101.47 crore for the same quarter in the previous year. However, total income of the Bank increased by 5.25% at Rs 1799.81 crore for Q1FY19 as compared Rs 1709.97 crore for the corresponding quarter previous year.

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 4.54%, as compared to 3.61% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 3.27% in Q1FY19.

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
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Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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