South Indian Bank Share Price Target: Brokerage Recommends Buy with 15% Upside Potential

Overview

Choice Equity Broking's Kunal Parar recommends buying South Indian Bank shares, setting an initial target price of Rs 41.50 and a further target of Rs 45.20, implying a 15% potential return. A stop loss is advised at Rs 36.30. The bank's Q2 FY2025-26 net profit rose 8% to Rs 351 crore, with gross NPAs improving to 2.93%. The stock has shown strong historical returns, surging over 60% year-to-date.