Munish_Jain

SOUTHBANK | Swing Trade

Long
NSE:SOUTHBANK   SOUTH INDIA BANK
πŸ“Š DETAILS
Sector: Bank - Private
Mkt Cap: 5,828 cr

South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business.

TTM PE : 6.37 (Average PE)
Sector PE : 25.57
Beta : 0.77

πŸ“š INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

2.28% away from 52 week high
Underperformer - South Indian Bank up by 2.96% v/s NIFTY 50 up by 2.99% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Trade active
Trade closed: target reached:
T1 30.9
Trade closed: target reached
Comment:
Turned into multiyear breakout. Can expect 50 in medium term
Comment:
Added some
Comment:
Exit at 43.5
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