Stock: Friends, welcome to our blog. Today we are going to tell you about one of the best stocks in the Banking Sector, this stock can also make you rich in the future like Suzlon. The name of the bank we are going to talk about today is South Indian Bank Ltd.
This is a good stock of the Banking Sector. At present its share price is seen trading at Rs.15.23 in the BSE market and Rs.15.25 in the NSE market. Let us tell you that South Indian Bank was established about 100 years ago in 1928, this bank has been running since then.
South Indian Bank is like Suzlon -:
Friends, you must have heard many times about Suzlon Energy, that it is a Multibagger Penny Stock, which will make investors rich in the future. There is a lot of expectation from South Indian Bank too, that it too will make investors rich in the future, but it cannot be expected to give bumper returns like Suzlon. But it will definitely give after earning well.
Experts also give good indications from time to time -:
Even though this bank is not a more popular and big bank like Yes Bank, HDFC Bank, and ICICI Bank. But along with investors, many experts have high hopes for this bank. The future of this bank also looks very bright. If we talk about its market cap, then its total market cap is ₹ 3,183 crores.
For the last few years, there have been a lot of ups and downs in its share price. This bank is more prevalent in South India. Its headquarter is also located in Kerala. The bank also has a very good relationship with its customers, due to which its profits increase every year.
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