Shares of South Indian Bank will be in focus on Friday as the private sector lender announced its business updates for the September 2025 quarter. The lender with zero promoter stake also said it has received a credit rating upgrade from M/s INFOMERICS Valuation and Rating Private Limited. The announcements were made after market hours on Wednesday. Advertisement
Meanwhile, the multibagger banking stock closed over 1.38% higher in the previous session against the previous close of Rs 28.97 on BSE. Market cap of the lender stood at Rs 7685 crore.
Total 4.56 lakh shares of the firm changed hands amounting to a turnover of Rs 1.33 crore on BSE. South Indian Bank shares have a beta of 1, indicating very high volatility in a year.
The stock has gained 236% in two years and risen 373% in a