Share has broken long term bear trend from sep 2018 now seems have found the bottom..
this year chart pattern showing "flag pattern " and may see a breakout soon

-Company has changed their CEO 2 months only back..so hoping for new management upliftment
-South Indian Bank on Friday said its board has approved raising up to Rs 1,250 crore through a combination of equity and debt instruments.
-NPA decreasing (YOY)
-if you check bulk deals on dec 3 on this company you can see PORTUGEESE FII investment of 10crs
-Financials are not too bad..its highly undervalued

TARGET 14 by next 6 months !!

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