South Indian Bank s stock witnessed a significant rebound in recent years, with a 375% increase in price since June 2022. The new management s focus on quality lending resulted in strong financial performance, including a 197% rise in standalone net profit in Q3 FY24.
South Indian Bank share price: The counter's 14-day relative strength index (RSI) came at 24.54. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 4.85.