South Indian bank share price jumps by 10% to be 52 weeks high. Do you need to buy or sell the multibagger grandapidalization?
The share price of the South Indian Bank has risen more than 10% to reach a 52-week peak, powered by strong trading volumes. The share price of South Indian Bank was opened at an £ 31.11-year-old intraday low on the BSE, and the multibagger-grand capitization became an intraday high of £ 34.32 per share. According to Anshul Jain, head of research at Lakshmishree, the South Indian Bank share price broke out of a 360-day bullish cup and hand pattern on the daily charts, supported by a massive 1.055% surge in volumes compared to the average of 50 days. This strong extension of the volume indicates institutional participation, which increases the likelihood of the yields of the outbreak. Jain noted that the total pricing structure and momentum indicators remain supportive, suggesting that the stock could maintain its upward track in the short term. Over the past week, the share price of South Indian bank has risen 16.04%. Over the past quarter, the share has risen 12.62% and over the past year increased by 42.36%. Over the past five years, the share has appreciated 103.68%. Ruchit Jain, VP – Technical research of stocks, Motilal Oswal Financial Services Ltd, emphasized that the bank shares are in the momentum, as the bank Nifty index resumed its broader return. “The share price of South Indian Bank today has set out a high volumes consolidation phase. The share can further see that further Upmove and traders can hold a buying approach. The previous barrier of 32-31 will now be considered immediate support,” Ruchit Jain advised. The South Indian Bank announced in an exchange -filing that its board is meeting on Thursday, October 16, 2025, to terminate the uneducated independent and consolidated financial results for the quarter and half a year on September 30, 2025. South Indian bank -the first quarter of the first quarter reported an increase of 10% in the first quarter. The bank, based in Kerala, recorded a net profit of £ 294 during the same quarter of the previous financial year. The total revenue for the June quarter of 2025-26 rose to £ 2,984 crore, from £ 2.736 crore in the corresponding quarter of FY25, as mentioned in a regulatory filing by South Indian Bank. Interest income for the bank grew to £ 2,362 crore compared to £ 2.314 crore in the June quarter of FY25. During this period, the bank’s operating profit rose to 672 crore, an increase of £ 508 in the same quarter last year. The bank showed improved asset quality, with gross non-performing assets (NPAs) decreasing to 3.15% of gross progress at the end of the June quarter, from 4.50% a year before. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.