SOUTHBANK.NS The South Indian Bank (NSE) pre-market 24 Jan 2026: 52,990,643.00 shares signal momentum

SOUTHBANK.NS The South Indian Bank (NSE) pre-market 24 Jan 2026: 52,990,643.00 shares signal momentum

SOUTHBANK.NS stock is trading pre-market at INR 45.96 with 52,990,643.00 shares changing hands, making it one of the most active NSE names this session. The South Indian Bank (SOUTHBANK.NS) shows a tight trading range today with a day low of INR 44.61 and a day high of INR 46.84. Key fundamentals include EPS 5.31 and a P/E of 8.47, while technicals point to steady momentum (RSI 60.08). We summarize what the volume spike and metrics mean for short-term traders and longer-term investors.

SOUTHBANK.NS stock snapshot and price action

The South Indian Bank (SOUTHBANK.NS) is quoted on the NSE in India at INR 45.96 with a market cap of INR 117,771,750,000.00. Today’s pre-market range is INR 44.61 to INR 46.84. Volume of 52,990,643.00 is well above the 50-day average of 34,962,853.00, marking it a most active pick. Short-term indicators show the MACD (0.72) above its signal (0.35), supporting near-term bullish momentum.

Fundamentals: valuation, profitability and balance metrics

SOUTHBANK.NS stock trades at a trailing P/E of 8.47 with EPS 5.31 and a P/B of 1.13, implying value relative to the Financial Services sector average P/E 31.05. Return on Equity is 14.02% and net profit margin is 11.80%, showing profitable operations. Debt to equity is modest at 0.17, and cash per share stands at 45.41, providing liquidity cushion. Dividend per share last reported is 0.40, giving a yield near 0.89%.

Technical view and trading signals for most active session

Technical indicators favour continued attention: RSI 60.08 suggests neutral-to-positive momentum, ADX 27.41 signals a strong trend, and CCI 106.11 reads slightly overbought. Bollinger Band middle is 39.52 with upper at 42.62, and recent price above the 50-day average (40.06) confirms upward bias. For active traders, a break above INR 46.84 opens quick targets to INR 49.50; support sits near INR 44.00.

Sector context and relative value

In the Financial Services sector on the NSE, regional banks often trade at higher P/B multiples; SOUTHBANK.NS stock is attractively priced versus the sector average P/E 31.05. Sector one-week performance is weaker (-3.89%), making selective value plays possible in well-capitalised banks. South Indian Bank’s low debt-to-assets (0.01) and ROE 14.02% place it ahead of many regional peers on core profitability metrics.

Risks, catalysts and upcoming events

Key risks include interest-rate shifts, asset-quality pressures, and execution on loan growth. An upcoming earnings announcement is scheduled for 2026-05-13, which will be a primary catalyst. Watch non-performing asset trends and margin expansion in the quarterly report. Large intraday volume today could reflect directional positioning ahead of the earnings run or institutional rebalancing.

Meyka AI grading and analyst consensus

Meyka AI rates SOUTHBANK.NS with a score out of 100: 71.17 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Note that independent data sources record a company rating of C (Sell) from another model, reflecting divergence across frameworks. Meyka AI, an AI-powered market analysis platform, places weight on earnings growth and valuation.

Final Thoughts

Short-term traders should treat SOUTHBANK.NS stock as an active momentum candidate on the NSE given pre-market volume 52,990,643.00 and price at INR 45.96. Fundamental ratios — P/E 8.47, P/B 1.13, ROE 14.02% — present value against a sector average P/E 31.05, but watch earnings and asset-quality data. Meyka AI’s forecast model projects a 3-year price near INR 47.33, implying a modest upside of 2.98% versus the current price; the 5-year projection is INR 59.79, implying 30.11% upside. Forecasts are model-based projections and not guarantees. For risk-managed exposure, consider position sizing that accounts for potential quarterly volatility around the earnings date on 2026-05-13 and keep stop-losses near INR 44.00 for short-term trades.

FAQs

What is the current SOUTHBANK.NS stock price and volume pre-market?

Pre-market SOUTHBANK.NS stock is at INR 45.96 with volume 52,990,643.00, trading on the NSE in India. The day range is INR 44.61 to INR 46.84.

How does SOUTHBANK.NS valuation compare to peers?

SOUTHBANK.NS trades at P/E 8.47 and P/B 1.13, below the Financial Services sector average P/E 31.05, indicating relative value but requiring checks on asset quality and growth.

What forecasts does Meyka AI give for SOUTHBANK.NS?

Meyka AI’s forecast model projects a 3-year price of INR 47.33 (≈2.98% upside) and a 5-year price of INR 59.79 (≈30.11% upside). Forecasts are model-based and not guarantees.

When is the next earnings date for The South Indian Bank?

The South Indian Bank’s next earnings announcement is scheduled for 2026-05-13. Traders should expect volatility and monitor asset-quality and margin metrics.

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.

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