South Indian Bank Share Price Target 2024, 2025, 2030, 2040, 2050
For over 90 years, Kerala and South India reputed bank, South Indian Bank, has served consumers. Investors are interested in the bank future due to its long history and strong regional presence.
This article analyzes and averages projected South Indian Bank share price goals for the following years to provide a thorough view.
What is South Indian Bank Ltd NSE: SOUTHBANK?
Contents
- 1 What is South Indian Bank Ltd NSE: SOUTHBANK?
- 2 South Indian Bank share price Target 2024
- 3 South Indian Bank share price Target 2025
- 4 South Indian Bank share price Target 2030
- 5 South Indian Bank share price Target 2040
- 6 South Indian Bank Share Price Target 2050
- 7 Overall Share Price Targets
- 8 Should I buy South Indian Bank stock?
- 9 South Indian Bank Ltd earning results
- 10 Expert forecasts on the future of South Indian Bank Ltd.
- 11 Is South Indian Bank stock good to buy? (bull case & bear case)
- 12 Conclusion
- 13 FAQs
South Indian Bank Ltd., located in Kerala, India, is a significant private sector bank listed on the NSE as SOUTHBANK. The bank offers personal, corporate, and NRI clients a wide variety of banking products and services. Through its nationwide branch and ATM network, South Indian Bank has built a significant presence in South Indian banking.
| Month | Average Target |
| January | ₹30.84 |
| February | ₹32.36 |
| March | ₹26.26 |
| April | ₹30.28 |
| May | ₹31.60 |
| June | ₹29.13 |
| July | ₹30.08 |
| August | ₹32.77 |
| September | ₹29.25 |
| October | ₹35.43 |
| November | ₹37.25 |
| December | ₹38.51 |
| Month | Average Target |
| January | ₹41.07 |
| February | ₹39.98 |
| March | ₹45.40 |
| April | ₹44.98 |
| May | ₹45.23 |
| June | ₹45.77 |
| July | ₹45.24 |
| August | ₹47.67 |
| September | ₹49.16 |
| October | ₹48.87 |
| November | ₹55.57 |
| December | ₹61.52 |
| Year | Average Target |
| 2030 | ₹124.86 |
| Year | Estimated Target |
| 2040 | ₹250 – ₹300 |
| Year | Estimated Range |
| 2050 | ₹500 – ₹700 |
| Year | Minimum Price | Maximum Price |
| 2024 | ₹26.26 | ₹38.51 |
| 2025 | ₹39.98 | ₹61.52 |
| 2030 | ₹112.37 | ₹137.35 |
| 2040 | ₹250 | ₹300 |
| 2050 | ₹500 | ₹700 |
Should I buy South Indian Bank stock?
Consider these criteria before buying South Indian Bank stock:
- Since IPO in 1999, South Indian Bank has grown steadily, returning 2400% on investment.
- The bank has improved its net profit margin, net income, and revenue growth, demonstrating its cost management and business expansion.
- With a strong presence in South India and a growing client base, South Indian Bank can benefit on regional expansion.
Due to stock market dangers, it is crucial to study, assess the bank financial accounts, and consult experts before investing.
South Indian Bank Ltd earning results
South Indian Bank 2023 earnings showed strong year over year (YOY) improvement across financial metrics:
- Revenue: ₹34.24 billion (77.04% YOY increase)
- Operating expense: ₹22.51 billion (13.95% YOY increase)
- Net income: ₹7.75 billion (1,630.29% YOY increase)
- Net profit margin: 22.64% (875.86% YOY increase)
- Earnings per share: ₹3.70 (1,661.90% YOY increase)
These outcomes show the bank capacity to make money, reduce costs, and satisfy shareholders.
Expert forecasts on the future of South Indian Bank Ltd.
Industry professionals and analysts disagree on South Indian Bank future. Although some analysts praise the bank financial performance and development prospects, others warn investors about the stock volatility and the necessity for extensive study.
Before investing, one must study different expert viewpoints, analyze the bank fundamentals, and determine risk tolerance.
Is South Indian Bank stock good to buy? (bull case & bear case)
Bull case
- South Indian Bank strong net profit margin, net income, and revenue growth show its capacity to make profits and reduce expenses.
- The bank South Indian footprint and rising client base position it for expansion.
- Since its 1999 debut, South Indian Bank has generated 2400% return on investment, creating shareholder wealth.
Bear case
- South Indian Bank shares has fluctuated in recent months despite a 17% year to date growth.
- Many banks compete for market share in India, which might hurt South Indian Bank development.
- Given the stock market volatility, investors should study and consult experts before buying South Indian Bank shares.
Conclusion
Our unique research and average of many estimates suggest growth prospects for investors in South Indian Bank share prices in the future years. The stock has been volatile in recent months, underscoring the necessity for study and professional advice before investing.
Before buying South Indian Bank shares, investors should evaluate their risk tolerance, examine the bank financials, and consider the Indian banking industry competition. Investors may profit from this well established South Indian bank expansion by remaining informed and making well researched judgments.
