2 Points Risk 12 Points RewardsNSE:SOUTHBANK trade at 26. Stocks may touch its upper trendline at 36-40 with take a stoploss of 22-24.
Southindiabank
South India bank - going southwards ??🏦 South Indian bank -My insights and opinions based on the financial data from South Indian Bank's Q1 FY25:
Positive Aspects:
↳ The marginal increase in Profit After Tax (PAT) from ₹288 crore in Q4 FY24 to ₹294 crore in Q1 FY25 suggests resilience and effective cost management.
↳ Slight improvement in Return on Assets (RoA) indicates maintaining profitability despite economic pressures, showing prudent risk management practices.
↳ Consistent Gross and Net NPA ratios indicate stable asset quality, a strong point given the current economic climate.
↳ Growth in deposits and advances, even if slight, reflects ongoing customer trust and market penetration, critical for long-term growth.
Concerns:
↳ The decrease in Net Interest Margin (NIM) from 3.38% to 3.26% raises concerns about the tightening of interest income relative to the bank’s average earning assets.
↳ This reduction in NIM could be due to competitive lending rates or higher cost of funds, which needs addressing to sustain profitability in a volatile financial market.
↳ The substantial 26% drop in Non-Interest Income, primarily from Treasury & Forex, significantly impacts the bank's diversified income streams.
↳ The decline in Non-Interest Income highlights the need for the bank to explore new non-interest revenue sources or enhance the performance of existing ones to mitigate volatility.
Strategic Focus Areas:
↳ Enhancing income diversification and managing interest margin pressures are crucial for maintaining and improving the bank’s financial health in future quarters.
↳ The bank should continue to leverage its strong points, such as stable asset quality and customer trust, while strategically addressing areas of concern to bolster its overall market position.
Conclusion:
↳ While South Indian Bank shows robustness in certain areas, the decline in NIM and Non-Interest Income are areas needing strategic focus.
↳ Enhancing income diversification and managing interest margin pressures will be key to maintaining and improving the bank’s financial health in future quarters.
Shared the chart with technical analysis for your reference
🙏 bhatiashivendra
disc: no holding , do you own research before taking any actions.
South India bank - going southwards ??🏦 South Indian bank -My insights and opinions based on the financial data from South Indian Bank's Q1 FY25:
Positive Aspects:
↳ The marginal increase in Profit After Tax (PAT) from ₹288 crore in Q4 FY24 to ₹294 crore in Q1 FY25 suggests resilience and effective cost management.
↳ Slight improvement in Return on Assets (RoA) indicates maintaining profitability despite economic pressures, showing prudent risk management practices.
↳ Consistent Gross and Net NPA ratios indicate stable asset quality, a strong point given the current economic climate.
↳ Growth in deposits and advances, even if slight, reflects ongoing customer trust and market penetration, critical for long-term growth.
Concerns:
↳ The decrease in Net Interest Margin (NIM) from 3.38% to 3.26% raises concerns about the tightening of interest income relative to the bank’s average earning assets.
↳ This reduction in NIM could be due to competitive lending rates or higher cost of funds, which needs addressing to sustain profitability in a volatile financial market.
↳ The substantial 26% drop in Non-Interest Income, primarily from Treasury & Forex, significantly impacts the bank's diversified income streams.
↳ The decline in Non-Interest Income highlights the need for the bank to explore new non-interest revenue sources or enhance the performance of existing ones to mitigate volatility.
Strategic Focus Areas:
↳ Enhancing income diversification and managing interest margin pressures are crucial for maintaining and improving the bank’s financial health in future quarters.
↳ The bank should continue to leverage its strong points, such as stable asset quality and customer trust, while strategically addressing areas of concern to bolster its overall market position.
Conclusion:
↳ While South Indian Bank shows robustness in certain areas, the decline in NIM and Non-Interest Income are areas needing strategic focus.
↳ Enhancing income diversification and managing interest margin pressures will be key to maintaining and improving the bank’s financial health in future quarters.
Shared the chart with technical analysis for your reference
🙏 bhatiashivendra
disc: no holding , do you own research before taking any actions.
Penny Stock South India Bank MultibaggerSouth India Bank is trading around 8Rs, recently some buying volume seen and seems like in accumlation stage.
Can be good penny investment, as a rule, not more than 10% of your portfolio.
Buying area 5-9 Rs. Targets : 13,20,30+
Risk is limited, however rewards can be huge, it may easily double or triple.
NSE: SOUTHBANK - Volume profile suggest strong players entering NSE:SOUTHBANK
South Indian Bank Limited is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 871 branches, 4 service branches, 53 extension counters and 20 Regional Offices spread across India. The bank has also set up more than 1,500 ATMs and 91 Cash Deposit Machines NSE:SOUTHBANK
SOUTH INDIA BANK
[* 1 stocks broken important resistance and trendline resistance
Stocks above moving averages
Fii did buying seen
SOUTH INDIAN BANK BULLISH BUTTERFLY Hello
Welcome to this analysis about SOUTH INDIAN BANK , we are looking at daily timeframe perspectives. SOUTH INDIAN BANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SOUTH INDIAN BANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SOUTH INDIAN BANK has emerged with this key channel pattern & Bullish Butterfly pattern marked in my chart with boundaries. which is an important level and also psychological level mark together with the lower-boundary of the channel-formation a pullback
In this manner, thank you for watching my update-analysis about SOUTH INDIAN BANK and its major channel-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
SOUTH INDIAN BANKSouth India Bank-CMP Rs. 11.40-Stock crosses 0 Line and since than Trading volumes are good and delivery volumes are also good, stock is about to give a break out, BUY the stock at current price on dips till 11 Rs. with a stop loss of 10.30 on closing basis for the target of Rs. 12.50/13.50/15 in next 1-3 Months.
