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Munish_Jain
Jan 15, 2024 5:21 PM

SOUTHBANK | Swing Trade Long

SOUTH INDIA BANKNSE

Description

📊 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

📚 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

📈 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.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

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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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